We act for Riverside Group Ltd on delivering their stock rationalisation programme.
Riverside has a national portfolio of over 55,000 units, a presence in 150 local authority areas and a strategy in relation to both acquisitions and disposals. We are dealing with several transactions at any one time. Recently, we completed an acquisition of 200 units alongside the disposal of 100 units. We are also working on a potential cross-border stock swap. As well as acting on these transactions, we consider our role for our clients to both support their brand and achieve their strategic objectives. As part of helping them deliver their strategy, we are delivering a stock rationalisation conference with them and their agents and we have delivered a workshop with them to Chief Executives of smaller registered providers who were less familiar with stock disposals/acquisitions.
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