NewRiver REIT reported a strong quarter with increased leasing activity and portfolio occupancy due to rising demand in core markets. Total in-store customer spending during the Christmas quarter and for the year to December 2025 remained consistent with the previous year. Grocery spending saw a 6.2% increase while property taxes are expected to rise by 7%. NewRiver aims to offset this increase with a discount for tenants, anticipating an 11% reduction in rates payable. The company continues to recycle capital and improve portfolio quality, recently completing two disposals. NewRiver also updated investors on progress in regeneration projects and signed an agreement for lease with an experiential leisure operator in Cardiff. Market conditions are seen as more supportive, with NewRiver expressing confidence in further earnings growth and dividends.

Read more at Yahoo Finance: NewRiver REIT Q3 Earnings Call Highlights