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NewRiver signs 20-year lease with Gravity MAX for 85,000 sq ft at Cardiff's Capitol Centre
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NewRiver signs 20-year lease with Gravity MAX for 85,000 sq ft at Cardiff's Capitol Centre
  • NewRiver signed a 20-year lease with Gravity MAX for approximately 85,000 square feet at The Capitol Centre in Cardiff.
  • Annual base rent is £870,000, subject to five-yearly index-linked reviews, with an additional turnover-based rent.
  • The combined rent is expected to generate an 11% yield on cost.
  • A £12 million investment will reposition the center as a leisure destination, including fit-out works, restaurant space and parking upgrades.
  • Construction is underway following planning approval; the venue is expected to open in early 2027, creating around 100 jobs.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NewRiver REIT plc published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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