Newriver’s Ellandi acquisition gives boost to results as firm eyes up Capital & Regional bid Property London-listed Newriver REIT's acquisition of Elandi Management helped it buck the downward trend plaguing much of its sector to post a strong operational performance in its first quarter as it tries to sew up a deal for rival REIT Capital & Regional.
Newriver Reit to more than double its retail portfolio following acquisition RETAIL London-listed Newriver Reit has acquired the retail and town centre investment manager Ellandi in a move which will bring the landlord's assets under management to £2bn.