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NewRiver sells Mount Street Retail Park and Saltney Retail Park for £12.3m
NewRiver has sold Mount Street Retail Park in Wrexham and Saltney Retail Park in Chester to M7 Real Estate for £12.3m (c. €14m), ahead of March and September 2018 valuations, and representing a blended net initial yield of 7.6% and a blended unlevered IRR of 14.7% over their period of ownership.