ARTICLES LABELLED WITH TAG NEPI Rockcastle

News NEPI wants to buy shopping gallery in Wrocław
17
Sep
2024

NEPI wants to buy shopping gallery in Wrocław

by Property Forum
Nepi Rockcastle is in negotiations to acquire Magnolia Park, a shopping centre located in Wroclaw, Poland from Union Investment Real Estate. The property features 100,000 sqm GLA. The potential acquisition remains subject to the execution of formal written agreements, which is expected to occur in the coming weeks.
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News NEPI Rockcastle sees 13.5% growth on net operating income in H1 2024
21
Aug
2024

NEPI Rockcastle sees 13.5% growth on net operating income in H1 2024

by Property Forum
NEPI Rockcastle has recorded a 13.5% gain in net operating income to €274 million during H1 2024 versus the same period of last year, while on a like-for-like basis it saw a 10% gain.
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News NEPI CEO: We see lots of international brands moving into CEE
25
Jul
2024

NEPI CEO: We see lots of international brands moving into CEE

by Ovidiu Nicolae
Rüdiger Dany, CEO of NEPI Rockcastle, talked to Property Forum about the group’s €650 million development pipeline, demand trends in Central and Eastern Europe (CEE) and its investments in photovoltaic panels across the portfolio of assets.
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News NEPI Rockcastle completes its first resi project in Romania
08
Apr
2024

NEPI Rockcastle completes its first resi project in Romania

by Property Forum
Property group NEPI Rockcastle has completed its first residential project in Romania. The Bucharest-based Vulcan Residence complex features 254 apartments and has been delivered with an 80% sale rate.
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News NEPI Rockcastle retail development pipeline tops €650 million in 2024
12
Mar
2024

NEPI Rockcastle retail development pipeline tops €650 million in 2024

by Property Forum
NEPI Rockcastle has a development and refurbishment pipeline of more than €650 million in 2024 across Central and Eastern Europe (CEE), which is the biggest retail investment program in the region.
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News NEPI Rockcastle sees 21% growth of net operating income in 2023
21
Feb
2024

NEPI Rockcastle sees 21% growth of net operating income in 2023

by Property Forum
NEPI Rockcastle, the third biggest retail real estate company in Europe, saw its net operating income soar 21% to a record €491 million in 2023 compared to the previous year over strong sales of its tenants across the region.
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News Retail deliveries reach 7-year high in Romania during 2023
22
Jan
2024

Retail deliveries reach 7-year high in Romania during 2023

by Property Forum
Romania saw 11 new retail projects completed last year, with a combined leasable area of 215,000 sqm, sending the market to a 7-year high in terms of deliveries, according to a Cushman & Wakefield Echinox report.
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News NEPI Rockcastle: International retailers crowd into CEE
28
Nov
2023

NEPI Rockcastle: International retailers crowd into CEE

by Property Forum
Higher disposable income across CEE markets are outpacing those in more mature Western European economies, with existing retail spaces trying to keep up with growing demand, according to a NEPI Rockcastle report.
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News NEPI Rockcastle posts 23% growth of net operating income by Q3 2023
16
Nov
2023

NEPI Rockcastle posts 23% growth of net operating income by Q3 2023

by Property Forum
Real estate group NEPI Rockcastle has recorded a net operating income of €365 million in the first nine months of 2023, up by 23% compared to the same period of last year. The result was boosted by improved tenant sales and the contribution of the acquisitions completed during 2022.
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News NEPI Rockcastle opens €136 million mall in Craiova
05
Oct
2023

NEPI Rockcastle opens €136 million mall in Craiova

by Property Forum
NEPI Rockcastle has officially opened its €136 million Promenada Craiova shopping centre in central southern Romania. 
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Latest news


New leases

  • Join UP! travel agency will open its first point in Poland in Galeria Północna (Warsaw). The brand has Ukrainian roots and operates in nine countries: Lithuania, Latvia, Estonia, Romania, Poland, the Czech Republic, Ukraine, Moldova and Kazakhstan.
  • Romet makes its debut at Gemini Park Bielsko-Biała (southern Poland). The 190 sqm bicycle showroom is located on the ground floor at the entrance to the gallery.
  • A showroom of the German brand Ulla Popken - one of the leaders in plus size fashion worldwide - has opened in Silesia City Center. This is the brand's fifth shop in Poland and the first in Silesia. It has the area of 220 sqm.

New appointments

  • Tomasz Michalczyk has taken on the Head of Office Agency role at Axi Immo advisory agency. He will manage the team, acquire and advise key clients on the office market.
  • Hungarian construction player Óbuda Group has announced the appointment of two new Deputy CEOs. Gábor Horváth will lead the project management division, while Ottó Vörös will oversee operations. Horváth brings 35 years of experience in the construction industry, while Vörös has over two decades of management and financial experience in real estate management.
  • Atakan Turhan has been appointed as General Manager of Radisson Blu Hotel and Park Inn by Radisson in Bucharest. Turhan brings over 30 years of hospitality experience, including 20 years with Radisson Hotel Group.

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