Full Year 2023 Newriver Reit PLC Earnings Call Transcript

Jun 06, 2023 / 09:30AM GMT
Allan Lockhart - NewRiver REIT plc - Founder, CEO & Director

Okay. Right. Well, good morning, everyone, and welcome to our Full Year Results Presentation. Before we go through our presentation, let me start by saying that over the years, we have carefully positioned our portfolio for the evolving consumer and retail trends where a physical store is vital. As a result, we have delivered another excellent operational performance and a significant total return outperformance versus our relative MSCI benchmarks. Arguably, we now have one of the strongest balance sheets in our sector with a low LTV, one of the lowest net debt-to-EBITDA ratios and one of the highest portfolio yield spreads. And finally, we have genuine growth options, including deployment of capital and the expansion of our very successful capital partnership strategy.

So let's move on to our presentation. We ended our financial year in a strong position, having delivered a resilient set of operating and financial results in what was a challenging macroeconomic environment while simultaneously continue to execute our strategy. We've

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