Insights 27 September 2024

Deutsche Numis is acting as financial adviser and corporate broker to Capital & Regional

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We are acting as financial adviser and corporate broker to long-standing client Capital & Regional plc on its recommended £147m cash and share offer by NewRiver REIT plc. We advised Capital & Regional on a competitive process, including possible offers from Praxis Group Limited and Vukile Property Limited, as well as the firm offer from NewRiver REIT.

Capital & Regional is a UK-focused retail property REIT specialising in community shopping centres, while NewRiver is a UK real estate investor, asset manager and developer with gross assets of £539 million as at 30 June 2024.