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NewRiver Plans IPO of Pubs Business as it Outlines Three-Pronged Strategy to Create 'Resilient' Retail

Will Divest Out of Community Pub Business to Reset LTV and Build Firepower to Reshape Portfolio
NewRiver has major plans for build-to-rent and student homes development around its recently bought The Moor in Sheffield. (CoStar)
NewRiver has major plans for build-to-rent and student homes development around its recently bought The Moor in Sheffield. (CoStar)
CoStar News
April 14, 2021 | 7:55 AM

NewRiver today announced plans to divest of its community pubs business via an initial public offering as it outlined a three-pronged strategy for building a "resilient retail" post the ravages of the coronavirus pandemic.

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