NAME OF COMPANY
NEPI Rockcastle
NAME OF PRESIDENT OR MANAGING DIRECTOR FOR THE REGION
Alex Morar
PRESIDENT OR MANAGING DIRECTOR FOR THE REGION PROFILE
Mr. Morar was appointed as joint chief executive officer of NEPI Rockcastle on 15 May 2017 and subsequently appointed as sole Chief Executive Officer of NEPI Rockcastle on 12 June 2018.
As NEPI’s CEO, he contributed to the significant increase in the company’s portfolio as well as further growing its team and asset management platform.
Type of investor
shopping center
REGIONS ACTIVE IN (IN WHICH COUNTRIES THE COMPANY OPERATES)
Romania, Poland, Slovakia, Croatia, Bulgaria, Hungary, Czech Republic, Serbia and Lithuania
OFFICE PROJECTS INCLUDED IN PORTFOLIO
Floreasca Business Park, RO
City Business Centre, RO
The Lakeview, RO
Serdika Office, BG
Victoriei Office, RO
Aupark Kosice Tower
MARKET VALUE OF OFFICE PROPERTIES HELD BY INVESTOR (in EUR)
385 €m
SIZE OF THE OFFICE PROPERTIES HELD BY INVESTOR (GLA)
159 000m2
RETAIL PROJECTS INCLUDED IN THE PORTFOLIO
Romania
1. Mega Mall
2. City Park Constanta
3. Promenada Bucuresti
4. Timisoara Shopping Center
5. Shopping City Sibiu
6. Titan Auchan
7. Galati Shopping City
8. Deva Shopping Center
9. Braila Mall
10. Vulcan Value Center
11. Pitesti Retail Park
12. Ploiesti Shopping City
13. Shopping City Piatra Neamt
14. Targu Jiu Shopping City
15. Ramnicu Valcea
16. Severin Shopping Center
17. Aurora Buzau
18. Value centers (Kaufland ext)
19. Mobexpert Brasov
20. Value Center Brasov
Poland
21. Bonarka
22. Galeria Warmińska
23. Karolinka, Opole
24. Focus Mall Zielona Góra
25. Alfa, Białystok
26. Pogoria, Dąbrowa Górnicza
27. Solaris, Opole
28. Focus Mall Piotrków
29. Galeria Wolomin
30. Platan, Zabrze
31. Galeria Tomaszów
32. Aura, Olsztyn
Slovakia
33. Aupark Kosice
34. Aupark Zilina
35. Korzo
36. Piestany
37. Galeria Mlyny, Nitra
Bulgaria
38. Paradise Center
39. Serdika Center
Czech Republic
40. Usti
41. Forum Liberec
Croatia
42. Arena Zagreb
Hungary
43. Arena Plaza
44. Mammut
Serbia
45. Promenada
46. Kragujevac
MARKET VALUE OF RETAIL PROPERTIES HELD BY INVESTOR (in EUR)
5 455 €m
SIZE OF THE RETAIL PROPERTIES HELD BY INVESTOR (GLA)
1 860 000m2
WAREHOUSE PROJECTS INCLUDED IN THE PORTFOLIO
Rasnov Industrial Facility
Otopeni Warehouse
MARKET VALUE OF WAREHOUSE PROPERTIES HELD BY INVESTOR (in EUR)
15,6 €m
SIZE OF THE WAREHOUSE PROPERTIES HELD BY INVESTOR (GLA)
27 800m2
HOTELS INCLUDED IN THE PORTFOLIO
-
MARKET VALUE OF HOTELS HELD BY INVESTOR (IN EUR)
-
SIZE OF THE HOTELS HELD BY INVESTOR (GLA)
-
RESIDENTIALS BUILDINGS INCLUDED IN THE PORTFOLIO
-
MARKET VALUE OF RESIDENTIALS BUILDINGS HELD BY INVESTOR (in EUR)
-
SIZE OF THE RESIDENTIAL BUILDINGS HELD BY INVESTOR (GLA)
-
OTHER AREAS OF THE COMPANY’S OPERATIONS AND ALTERNATIVE INVESTMENT MARKETS (APARTMENTS FOR RENT, SENIOR HOUSES, STUDENT HALLS, DATA CENTRES)
-
OTHER ASSETS INCLUDED IN THE PORTFOLIO
-
MARKET VALUE OF OTHER ASSETS HELD BY INVESTOR (in EUR)
-
SIZE OF THE ASSETS HELD BY INVESTOR (GLA)
-
THE LARGEST PURCHASE TRANSACTIONS BETWEEN OCTOBER 2009 AND SEPTEMBER 2019 (THE SUBJECT OF THE TRANSACTION, ITS TOTAL TAKE UP AREA AND MARKET VALUE IN EUR)
Asset Name GLA Country Year Value in EUR mln
Bonarka City Center 72.000 PL 2016 371
Arena Plaza 66.000 HU 2017 286
Mammut 61.000 HU 2018 276
Paradise Center 82.000 BG 2017 255
Blackrock Portfolio 106.700 PL 2015 221
Arena Centar 62.000 HR 2016 220
Serdika 29.000 BG 2017 212
Aupark Kosice 47.000 SK 2014 160
Focus Portfolio 64.000 PL 2016 160
Galeria Warmińska 42.700 PL 2016 150
Promenada Mall 40.000 RO 2014 149
ACQUISITION ACTIVITY ACROSS THE CEE REAL ESTATE MARKETS BETWEEN OCTOBER 2009 AND SEPTEMBER 2019
Country Office Retail Grand Total
PL - 1.169 1.169
RO 286 624 910
HU - 562 562
BG 47 420 467
SK - 457 457
HR - 220 220
CZ - 163 163
LT - 128 128
RS - 40 40
Grand Total 333 3.784 4.117
Annual income and net profit
Annual income - 501,733 €m
Net profit - 221,855 €m
The milestones in the company’s history over the last decade – the key events and achievements that are a measure of the company’s development and success, the scale of development, number of employees now and 10 years ago, new services, new markets etc.
NEPI Rockckastle (previous New Europe Property Investments PLC) was incorporated on July 23, 2007 and admitted to the AIM market of the London Stock Exchange on 22 August 2007.
146 €m - Property portfolio as valued at 31 December 2009.
€6.1 billion - Property portfolio as valued at 31 March 2019
Over the last decade NEPI Rockcastle has entered in Poland, Hungary, Czech Republic, Slovakia, Bulgaria, Croatia, Serbia and Lithuenia market.
With a total of 24 regional malls and value centres, the Group is the largest owner of retail space in Romania.
The Group has built a dominant portfolio in Poland, currently including 12 regional malls.
In September 2017, the Group entered the Hungarian market by acquiring Arena Mall, the second largest shopping centre in Budapest. One year later, the Group extended its presence in Hungary through the acquisition of the controlling stake in Mammut, becoming the largest retail owner in Budapest.
FUTURE PLANS
The Group will continue to invest strategically in developments. NEPI Rockcastle is pursuing a development pipeline which exceeds €1 billion (including redevelopments and extensions, estimated at cost), of which €200 million was spent until 31 December 2018.
Using its wide footprint in CEE, the Group is continuously looking to identify innovative retail concepts that adapt to changing consumer needs. The Group's asset managers continously adapt the properties to new trends that influence consumer behaviour. By adding community and social areas and engaging customers through customised events and digital channels the Group is actively participating in the transformation of retail.
WHY THE COMPANY DESERVES THE AWARD (IN ONE PARAGRAPH DESCRIBE THE SPECIFIC ACHIEVEMENTS OF THE COMPANY)
With over eleven years of success in the CEE, NEPI Rockcastle has accumulated significant retail real estate expertise and a portfolio of dominant assets across diverse jurisdictions. The Group remains confident that it is best placed to benefit from opportunities and growth in its markets, generating stability and value. With a high-quality asset base of approximately €6 billion diversified across nine countries having strong macroeconomic fundamentals, the Group is well positioned to tackle the challenges and benefit from the opportunities the future holds. Given the rapidly changing market conditions, the Group’s versatility combined with its strategy will ensure short and long-term success.
