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NewRiver acquires 76 community pubs from Star Pubs & Bars at a 17% yield
NewRiver has acquired a portfolio of 76 community pubs from Star Pubs & Bars for £12.0 million (c. €13.4m), representing a net initial yield of 17.1%. The acquisition will use part of the proceeds from NewRiver’s recent disposal of a portfolio of 22 community pubs in October 2018 for £14.8…