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NewRiver REIT acquires Grays Shopping Centre for £20.2 million

NewRiver has purchased Grays Shopping Centre for £20.2 million (c. €22.98 million). The acquisition comprises a community shopping centre with 177,300 sq ft of retail space and a 32,000 sq ft office building with permitted development rights for residential conversion, on a 4.7 acre site located in the centre of…

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