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Access here alternative investment news about Newriver Reit Forms New Jv With Bravo To Acquire Uk Retail Parks | News | Ipe Ra
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Newriver Reit Forms New Jv With Bravo To Acquire Uk Retail Parks | News | Ipe Ra

by realassets.ipe.com posted 1month ago 16 views
The JV will buy a portfolio of four retail parks for £60.5m from Zurich Assurance. : NewRiver REIT has formed a new partnership with a fund managed by Pacific Investment Management to acquire and manage a portfolio of UK retail parks. The London-listed property investor said it has agreed the 50:50 joint venture, in principle, with BRAVO Strategies III, re-establishing a partnership that dates back to 2012. NewRiver also said it has also exchanged contracts to buy a portfolio of four retail parks for £60.5m (€68.7m) from Zurich Assurance.

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