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Marks & Spencer and Burberry both need to regain momentum
Week ahead: Marks & Spencer, Burberry, JD Wetherspoon...
Company
NewRiver REIT PLC
LON:NRR
NewRiver Retail is a leading specialist REIT focussed on the UK food and value retail sector with the ambition to become the leading value-creating property investment platform in the sector. With a core UK-wide portfolio and assets under management of £400m comprising 23 shopping centres, 16 High Street units and one shopping parade, NewRiver Retail has a clear investment strategy focussed on driving income returns and delivering results for both our shareholders and in the towns of our retailers and shoppers.
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Archive
Vodafone to post drop in full year revenue and earnings amid rising competition
Vodafone and Speedy Hire report their full year results on Tuesday
European growth anticipated for Burberry Group
“We expect Burberry’s Q3 trading update (to be released tomorrow before the market) to show similar trends to Q2," Haitong said.
Will Royal Mail deliver?
In July, the group said it was monitoring the Brexit situation as movements in gross domestic product were drivers for volumes of letter and business parcels
Week Ahead: Royal Mail needs to deliver pre-Christmas surprise
Elsewhere, Crest Nicholson, Barratt Developments, easyJet, Vodafone, TalkTalk and others will all report to the market in one form or another
NewRiver Retail bags £108mln of new property
It is acquiring four shopping centres and two retail warehouses with an average rental yield of 8%.