Rüdiger Dany, CEO of NEPI Rockcastle will step down from his position in March 2026, with the group initiating a transition period to identify his successor.
Dany's tenure, which began in February 2022, has seen significant growth for NEPI Rockcastle. Under his leadership, the company's net operating income surged by 58% from €347 million to €547 million by the end of 2024 (excluding energy revenue).
Distributable earnings per share also increased by 75% to 60.17 euro cents over the same period. The company successfully raised €1.7 billion in total capital, comprising €1.2 billion in debt and €500 million in equity, including a €300 million bookbuild in 2024.
The group’s acquisitions have totalled €1.2 billion since 2022, primarily focused on prime shopping centre assets in Poland, while maintaining a strong balance sheet with a stable Loan-to-Value (LTV) of 32.1%, well below the 35% threshold.
A notable achievement during Dany's leadership is the establishment of NEPI Rockcastle's renewable energy business. The segment, launched with an initial investment of €34 million in Romania during 2022-2023, generated €9.0 million in revenue in 2024.
"This move will allow me to pursue other opportunities in international commercial real estate, the retail industry and consultancy. By making this announcement now, I want to provide enough time for the Board to identify and onboard my successor," said the outgoing CEO.
The group has already engaged a leading executive search firm to find a suitable successor, considering both internal and external candidates.
