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News Release

NewRiver establishes first charity partnership with the Trussell Trust

12 June 2019
 
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NewRiver is pleased to announce its first corporate charity partnership with the Trussell Trust, an organisation that aims to end hunger and poverty in the UK. The Trussell Trust supports more than 1,200 food banks across the UK to provide a minimum of three days’ nutritionally-balanced emergency food to people in need, as well as providing support to help people resolve the challenges they face. In 2018-19, food banks in the Trussell Trust’s network provided 1.6 million emergency food parcels to people in crisis. More than 550,000 of these went to children.

NewRiver will join a number of leading UK retailers and consumer goods companies which already support the Trussell Trust. Through the partnership, we will provide financial support at a corporate level and from fundraising at our community shopping centres and community pubs, as well as identifying local opportunities to use assets for storage, donation drop-off points, awareness campaigns and volunteer recruitment.

This partnership is the latest milestone for NewRiver’s comprehensive Environmental, Social and Governance (‘ESG’) programme, aimed at enhancing the lives of the communities we serve and minimising our impact on the environment. Our achievements in this area were recently recognised with the receipt of a Green Star in the 2018 Global Real Estate Sustainability Benchmark (‘GRESB’) assessment, the leading ESG assessment for the global real estate sector.

Alex Christian, Head of Corporate Partnerships at the Trussell Trust said: “We are thrilled to have NewRiver as our new corporate partner. We have seen a record demand in food bank use in the last year, with more and more people struggling to afford the basics. This isn’t right.

But thanks to the incredibly vital support from our partners, we’re committed to working towards a future where there is no need for food banks. We’re continually blown away by people’s support to provide emergency help and this kind of generosity from NewRiver shows that as a nation we believe in justice and compassion to change society for the better.”

Emma Mackenzie, Head of ESG, NewRiver said: “We are delighted to enter into this partnership with the Trussell Trust, which works tirelessly to support people in crisis. This is an exciting step forward for our ESG programme and, given our national reach, we are uniquely placed to help the Trussell Trust to raise awareness and support those in need across the UK. Our fundraising is off to an excellent start, with £20,000 raised through our annual ‘Way of the Roses’ charity cycle ride, which will see members of the NewRiver and Hawthorn Leisure teams cycle 170 miles between our shopping centres in Morecambe and Bridlington.”

ENDS

 

Related links:

For further information:                                                  

Tom Loughran, Investor Relations (NewRiver)
+44 (0)20 3328 5800

Lucy Mitchell, Director of Communications & PR (NewRiver)                       
+44 (0)20 3328 5800     

Gordon Simpson/James Thompson (Finsbury)                                                 
+44 (0)20 7251 3801


About NewRiver

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets throughout the UK.

Our £1.3 billion portfolio covers over 9 million sq ft and comprises 33 community shopping centres, 23 conveniently located retail parks and over 650 community pubs. Having hand-picked our assets since NewRiver was founded in 2009, we have deliberately focused on the fastest growing and most sustainable sub-sectors of the UK retail market, with grocery, convenience stores, value clothing, health & beauty and discounters forming the core of our retail portfolio. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and inbuilt 1.9 million sq ft development pipeline provide further opportunities to extract value from our portfolio.

NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR) and is a constituent of the FTSE 250 and EPRA indices.

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets throughout the UK.

 

Our £1.3 billion portfolio covers over 9 million sq ft and comprises 33 community shopping centres, 23 conveniently located retail parks and over 650 community pubs. Having hand-picked our assets since NewRiver was founded in 2009, we have deliberately focused on the fastest growing and most sustainable sub-sectors of the UK retail market, with grocery, convenience stores, value clothing, health & beauty and discounters forming the core of our retail portfolio. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and inbuilt 1.9 million sq ft development pipeline provide further opportunities to extract value from our portfolio.

 

NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR) and is a constituent of the FTSE 250 and EPRA indices. Visit www.nrr.co.uk for further information.

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets throughout the UK.

 

Our £1.3 billion portfolio covers over 9 million sq ft and comprises 33 community shopping centres, 23 conveniently located retail parks and over 650 community pubs. Having hand-picked our assets since NewRiver was founded in 2009, we have deliberately focused on the fastest growing and most sustainable sub-sectors of the UK retail market, with grocery, convenience stores, value clothing, health & beauty and discounters forming the core of our retail portfolio. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and inbuilt 1.9 million sq ft development pipeline provide further opportunities to extract value from our portfolio.

 

NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR) and is a constituent of the FTSE 250 and EPRA indices. Visit www.nrr.co.uk for further information.