ARTICLES LABELLED WITH TAG NEPI Rockcastle

NEPI Rockcastle, the biggest owner and developer of shopping centres in CEE by market value, said its net operating income soared by 17% to a record of €405 million compared to 2021 over strong tenant turnover and base rental growth.

NEPI Rockcastle, through its subsidiary, has acquired all the issued shares in the Forum Gdańsk shopping centre from a company ultimately owned by Blackstone-managed funds. The transaction encompassed the repayment of all the asset’s outstanding debt. Forum Gdańsk is a 63,500 sqm GLA shopping centre, situated in Gdańsk, the sixth largest city in Poland by population, with over 470,000 inhabitants.

Mega Mall, the shopping centre in Bucharest owned by NEPI Rockcastle, will be expanded with new stores and a residential component that will include around 180 apartments. 

NEPI Rockcastle has entered into an agreement to acquire 100% of the shares in Atrium Copernicus, the entity that owns Atrium Copernicus Shopping Center in Toruń, Poland, from Atrium Retail Ltd. 

Nooka Space, a start-up that operates smart flex offices, has announced a partnership with NEPI Rockcastle for the implementation of flexible workspaces on the premises of the group’s retail portfolio in Romania. 

Investment fund NEPI Rockcastle has taken over the stake held by Carrefour in Ploiești Shopping City for an undisclosed sum. Following the transaction concluded in September, NEPI Rockcastle has become the sole shareholder of the shopping centre. 

As of 1 June 1 2022, the Board of Directors of NEPI Rockcastle has decided to permanently appoint Rüdiger Dany as Chief Executive Officer (CEO) and Eliza Predoiu as Chief Financial Officer (CFO).

NEPI Rockcastle says it has reached a 35% sale rate for its first residential project in Bucharest in the first seven months of development.

Property group NEPI Rockcastle has launched the “Donate for the Ukrainian people” campaign, conducted through SPOT, the mobile loyalty application of the company.  

Property group NEPI Rockcastle, the biggest owner of shopping centres in Romania, has purchased a land plot of 17 hectares Galați for an undisclosed sum.