NewRiver attracts more tenants

Retail property owner NewRiver Retail said its rent-roll and occupancy had increased in the period from 1 July to 30 September across its schemes. The group, which owns shopping centres including Regent Court in Leamington Spa and Newlands Shopping Centre in Essex said it completed 23 new leases reflecting an extra rental income of £946,000 per year. Occupancy also edged up one percentage point to 95 per cent while rent role under management rose 2.8 per cent to £42.3m.