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The pandemic has demonstrated the resilience of store based retail and the critical role that physical stores will play in the long-term, including as fulfilment centres with click & collect sales forecast to grow 46% by 2024.
And so NewRiver's convenience and community led retail has emerged from the pandemic as a Resilient Retail asset class with a strong future that can deliver stable income, capital growth and superior returns.
We developed 10 essential criteria to define what resilient retail looks like and reshape our portfolio and strategy to achieve this.
Watch this short video to see what resilient retail looks like for NewRiver at our shopping centre Broadway Square in Bexleyheath.