People Property Place Podcast: Retail Was a Dirty Word but Now It's the Top Performer with Allan Lockhart

Allan Lockhart Chief Executive Officer of NewRiver REIT, sits down with Matthew Watts on the People Property Place Podcast.

In this wide-ranging conversation, they cover his early career moves, working alongside his father, and the work ethic that shaped him. They get into how he raised capital after spotting a growing trend towards specialisation in the US REIT market, and his conviction that the UK would follow.

They also discuss the highs and lows of the retail market, his biggest mistakes, what resilience in retail really means, building out his underwriting and data capability, and keeping an eye on the macro as much as the micro.

And lastly, look at how NewRiver has become one of the best-performing listed real estate stocks in the UK.

• Podcast filmed: May 2026
• Length: 60 minutes

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