
The proposed redevelopment of NewRiver’s Grass Shopping Centre in Essex
(Picture: Provided by NewRiver)A major retail landlord with a national portfolio of shopping centres has pointed to the positive impact of business rate relief ahead of a “challenging” year for the industry.
NewRiver, a real estate investment trust, prioritises affordable rents for tenants providing “essential goods and services,” leaving it well-placed to deal with the pressures faced by consumers dealing with the cost-of-living crisis.