ARTICLES LABELLED WITH TAG NEPI Rockcastle

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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News NEPI Rockcastle completes infrastructure investment in Craiova
28
Sep
2023

NEPI Rockcastle completes infrastructure investment in Craiova

by Property Forum
NEPI Rockcastle, the biggest owner of shopping malls in Romania, has donated a boulevard to Craiova municipality. The road was completed following an investment of €10 million and will streamline traffic around the Promenada Craiova retail project, which will open on October 5. 
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News NEPI Rockcastle's net operating income up 23% in H1 2023
23
Aug
2023

NEPI Rockcastle's net operating income up 23% in H1 2023

by Property Forum
NEPI Rockcastle, the biggest owner of shopping centres in CEE, recorded a net operating income (NOI) of €241 million in H1 2023, up by 23% compared to the same period of last year over strong rental growth and leasing activity, alongside improved cost recovery
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News Retail deliveries continue in small Romanian cities
31
Jul
2023

Retail deliveries continue in small Romanian cities

by Property Forum
Four new retail projects with a combined leasable area of 30,000 sqm have been delivered in four smaller Romanian cities in the first half of 2023. Giurgiu, Călărași, Dej and Vaslui are the cities which benefited from these new investments, while the new supply will be significantly more substantial in the second half of the year, when almost 260,000 sqm of retail spaces are due to be completed, according to data from Cushman & Wakefield Echinox. 
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Latest news


New leases

  • Flowserve Hungary Services has leased 2,550 sqm of office space in the Liberty mixed-use building in Budapest. The company will move into this Autumn.
  • DB Logistic has signed a new lease agreement at SEGRO Logistics Park Gliwice. The company has decided to expand occupied space by a third to a total of nearly 5,000 sqm.
  • Low-cost airline flydubai has opened a new office Bucharest-based Eminescu Offices, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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