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Clearance Capital Alters Stake in NewRiver REIT
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Clearance Capital Alters Stake in NewRiver REIT

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NewRiver REIT ( (GB:NRR) ) has issued an update.

Clearance Capital Limited, a discretionary investment management firm, has crossed a new threshold of voting rights in NewRiver REIT plc, holding a total of 2.629% of voting rights. This change in voting rights, primarily through financial instruments, reflects a shift in the shareholder’s position due to the issuance of new shares by NewRiver REIT, potentially impacting the company’s governance and stakeholder dynamics.

More about NewRiver REIT

NewRiver REIT plc is a real estate investment trust that operates primarily in the UK market. The company focuses on retail and leisure properties, aiming to create value through active asset management and strategic acquisitions.

YTD Price Performance: 0.80%

Average Trading Volume: 630,574

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £375.5M

For an in-depth examination of NRR stock, go to TipRanks’ Stock Analysis page.

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