ARTICLES LABELLED WITH TAG NEPI Rockcastle

Nepi Rockcastle, Europe’s third-largest listed retail real estate company by portfolio value, reported a 12.1% year-on-year increase in net operating income (NOI) in the first half of 2025, reaching €307 million. The company’s investment property portfolio exceeded €8 billion for the first time in its history, supported by acquisitions completed in 2024 and active asset management. Vacancy remained low at 1.6%.

NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.

NEPI Rockcastle a new 54.1 MW greenfield photovoltaic park in Chișineu-Criș, Arad County, as part of an investment program worth €110 million.

NE Property BV, part of the NEPI Rockcastle Group, has obtained a €190 million sustainability-linked revolving credit facility from a banking consortium in Romania.

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.

NEPI Rockcastle, Europe’s third largest listed retail real estate company by portfolio value, recorded a 12.6% increase in net operating income (NOI) to €152 million in Q1 2025 compared to the same period in 2024. 

In an exclusive interview with Property Forum, Rüdiger Dany, CEO of NEPI Rockcastle, reflects on the company’s record-breaking year, key investments in retail and green energy and explains why consumer resilience in CEE continues to drive growth. Looking ahead to 2025, he discusses market expectations, omnichannel retail trends, and NEPI Rockcastle’s unwavering commitment to sustainability.

NEPI Rockcastle says it reached a record-breaking net operating income (NOI) of €556 million during 2024, a 13.2% increase compared to the previous year, over strong retailer sales and resilient consumer demand in CEE.

NEPI Rockcastle, the largest owner of shopping centers in Romania, aims to cover its electricity consumption exclusively from renewable sources by the end of 2026.

Nepi Rockcastle has acquired the Silesia City Center mall in Katowice, in the Silesia province of southern Poland for €405 million, in one of the largest shopping centre transactions in Central and Eastern Europe in recent years. The vendors are Allianz (45%), Kamsa Luxco (45%) and Cura Beteiligungsgesellschaft (10%). Silesia City Center extends over 88,400 sqm of gross lettable area (GLA) and is a dominant shopping centre in Katowice, economically one of the strongest cities in Poland, with average spending per capita exceeding the national average by 35%.