Nepi Rockcastle has appointed Marek Noetzel as its new Chief Executive Officer, effective 1 April 2026. Noetzel, who has served as the company's COO since June 2022, will succeed current CEO Rüdiger Dany.
Marek is nominated as Investment Professional of the Year at the upcoming CEE Property Forum Awards.
The appointment follows an international search process for Europe's third-largest listed retail real estate company, which owns a portfolio valued at over €8 billion across 60 properties in eight Central and Eastern European countries.
Noetzel joined Rockcastle Global Real Estate in 2016, establishing the company's offices in Poland. Following the 2017 merger between Rockcastle's Polish and Czech portfolio with Nepi's assets in Romania, Slovakia, Serbia and Czechia, he held positions as Board Member and Director of Retail in Poland before becoming COO. Previously, he was the Polish Head of Retail at Cushman and Wakefield.
"We are delighted that after a rigorous and transparent international search process, the Nepi Rockcastle Board has decided that Marek is the best qualified to lead the company in the next stage of its growth story," said George Aase, Nepi Rockcastle Chairman. "Marek brings unrivalled knowledge of the company's operations and has been instrumental in its growth through portfolio optimisation, new acquisitions and developments."
Under Dany's four-year leadership, the company implemented over €1 billion in acquisitions, developments and asset management, with distributable earnings per share rising 75% from 34.42 euro cents to 60.17 euro cents in 2024. "I'm very proud that Nepi Rockcastle's Board has selected an internal candidate as new CEO," Dany said. "This appointment is a recognition of Nepi Rockcastle's culture of developing leadership talent."
