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.

Property group NEPI Rockcastle has posted a 12.3% growth in net operating income to €411 million in the first nine months of 2024 versus the same period of 2023 over higher rents and short-term income. 

NEPI Rockcastle has recorded a 13.5% gain in net operating income to €274 million during H1 2024 versus the same period of last year, while on a like-for-like basis it saw a 10% gain.

Rüdiger Dany, CEO of NEPI Rockcastle, talked to Property Forum about the group’s €650 million development pipeline, demand trends in Central and Eastern Europe (CEE) and its investments in photovoltaic panels across the portfolio of assets.

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.

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.

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.