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NewRiver REIT plans GBP200m share issue

NewRiver REIT plans GBP200m share issue

NewRiver REIT, the UK-based retail and leisure property specialist, is planning to raise GBP200 million in capital through the firm placing of GBP133 million in New Ordinary Shares and an additional GBP67 million placing and open offer, all at an Offer Price in the range of 330 pence to 340 pence per Ordinary Share.