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NewRiver Reit (NRR) investor relations material
NewRiver Reit H2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Capital & Regional assets fully integrated, unlocking £6.2 million in annual net cost synergies and increasing London retail weighting to 43% of the portfolio.
Operational outperformance with continued valuation growth for the third consecutive half-year and strong leasing activity.
Balance sheet strengthened through refinancing and disposals, reducing LTV to close to medium-term guidance of under 40%.
FY26 Underlying Funds From Operations (UFFO) per share and EPRA Net Tangible Assets (NTA) per share expected to align with analyst consensus.
Financial highlights
FY26 UFFO per share expected at 8.3–8.5 pence; consensus UFFO at £37.2 million.
EPRA NTA per share expected at 105–108 pence; consensus at 107 pence.
Portfolio capital values increased 0.5% in H2 and 0.7% like-for-like for FY26.
Retail disposals of £110 million completed at book value.
Snozone EBITDA up 10% year-over-year to £3.2 million.
Outlook and guidance
Positioned for growth with strengthened portfolio, platform, and balance sheet.
UFFO and EPRA NTA per share expected to be in line with analyst consensus.
- Record 98% occupancy, strong cash, and high dividend yield drive robust growth outlook.NRR
H2 20243 Feb 2026 - Leasing strength, asset sales, and market support drive earnings growth and portfolio resilience.NRR
Q3 2026 TU2 Feb 2026 - Transformational acquisitions and operational strength drive growth, earnings, and dividends.NRR
H1 202511 Jan 2026 - 31% UFFO growth, high occupancy, and robust returns support a positive retail outlook.NRR
H1 20262 Dec 2025 - Acquisition-fueled growth drove 25% UFFO increase, 65% portfolio expansion, and LTV at 38%.NRR
H2 202526 Nov 2025
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