NEPI Rockcastle (NRP)

Forum Gdańsk, 63,500 GLA shopping centre in Poland in Dec 2022 for €250m one of the biggest single asset shopping centre transactions by value in Europe and the largest in CEE in 2022. The property was valued, on 31/12/22 at €268 mln, 7.2% higher than acquisition price. Transaction was concluded in record time for a deal of its size, in just two months. Anchor tenants include, Eurospar, Helios, H&M, Reserved, TK Maxx, Van Graaf and Zara. Catchment area of 840,000 people living within a 30-minute drive. BREAM in use Excellent.

Copernicus Shopping Center Torun acquired in Nov 2022 for €127m. The 48,000 sqm GLA centre is the dominant scheme in Torun, a city of 200,000 inhabitants, The centre has a BREEAM In-Use Very Good. It has a high occupancy rate of 98%, including brands such as H&M, Stradivarius, Media Markt, Reserved, Cropp, House, Mohito, Sinsay, and Decathlon.

Since purchase +27% higher turnover at Gdansk in H1 2023 versus H1 2022 and +21% higher sales at Copernicus
Name of company NEPI Rockcastle (NRP)
Name of President or Managing Director for the region RUDIGER DANY, CEO
Profile of President or Managing Director for the region Rüdiger Dany, CEO (appointed Feb 2022 formerly COO) has overseen NRP’s strong recovery after the Covid pandemic which was the most difficult period NRP has ever endured. In 2022 NRP’s NOI surged to a record level 17% higher than 2021 at €405million trend continues with NOI 23% higher for H1 2023.
Description of company and team NRP, Europe’s third largest listed retail real estate company portfolio value, is the largest listed owner, developer and manager of shopping centres in Central and Eastern Europe, owning over 2.2 million sqm GLA of high-quality modern retail property across nine countries: Romania, Poland, Slovakia, Bulgaria, Hungary, Croatia, the Czech Republic, Serbia and Lithuania. NEPI Rockcastle benefits from two key strategic advantages – its unique portfolio of over 50 shopping centres, assembled over the past 15 years and its team of over 475 people who bring unparalleled expert local knowledge in retail property.
Office projects included in the portfolio n/a
Retail projects included in the portfolio 50+ shopping malls plus a €722 million development pipeline
Promenada Mall Extension Bucharest 58,400sqm extension under construction
Promenada Craiova 63,700 sqm new centre opened October 2023
Bonarka City Center Refurbishment Poland 4,700sqm extension
PV green energy project Romania p/f
The value of retail properties held by investor 6800000000
Warehouse projects included in the portfolio n/a
PRS projects included in the portfolio n/a
The largest purchase transactions between July 2022 and June 2023 Forum Gdańsk, 63,500 GLA shopping centre in Poland in Dec 2022 for €250m one of the biggest single asset shopping centre transactions by value in Europe and the largest in CEE in 2022. The property was valued, on 31/12/22 at €268 mln, 7.2% higher than acquisition price. Transaction was concluded in record time for a deal of its size, in just two months. Anchor tenants include, Eurospar, Helios, H&M, Reserved, TK Maxx, Van Graaf and Zara. Catchment area of 840,000 people living within a 30-minute drive. BREAM in use Excellent.

Copernicus Shopping Center Torun acquired in Nov 2022 for €127m. The 48,000 sqm GLA centre is the dominant scheme in Torun, a city of 200,000 inhabitants, The centre has a BREEAM In-Use Very Good. It has a high occupancy rate of 98%, including brands such as H&M, Stradivarius, Media Markt, Reserved, Cropp, House, Mohito, Sinsay, and Decathlon.

Since purchase +27% higher turnover at Gdansk in H1 2023 versus H1 2022 and +21% higher sales at Copernicus
Why the company should be considered for the award Retail real estate M&A in the CEE was severely impacted by Covid19. NRP made two of the most significant retail real estate deals in the region since the start of the pandemic and due to financial strength could move quickly to conclude transactions in a market which had come to a standstill.
Future plans NRP continued its growth strategy through earnings accretive acquisitions despite being one of the hardest hit sectors in real estate. It continues to deliver a €722 million development pipeline. It also has the financial strength to be acquisitive should the right opportunities be found.
Company website
Name of company
NEPI Rockcastle (NRP)
Name of President or Managing Director for the region
RUDIGER DANY, CEO
Profile of President or Managing Director for the region
Rüdiger Dany, CEO (appointed Feb 2022 formerly COO) has overseen NRP’s strong recovery after the Covid pandemic which was the most difficult period NRP has ever endured. In 2022 NRP’s NOI surged to a record level 17% higher than 2021 at €405million trend continues with NOI 23% higher for H1 2023.
Description of company and team
NRP, Europe’s third largest listed retail real estate company portfolio value, is the largest listed owner, developer and manager of shopping centres in Central and Eastern Europe, owning over 2.2 million sqm GLA of high-quality modern retail property across nine countries: Romania, Poland, Slovakia, Bulgaria, Hungary, Croatia, the Czech Republic, Serbia and Lithuania. NEPI Rockcastle benefits from two key strategic advantages – its unique portfolio of over 50 shopping centres, assembled over the past 15 years and its team of over 475 people who bring unparalleled expert local knowledge in retail property.
Office projects included in the portfolio
n/a
Retail projects included in the portfolio
50+ shopping malls plus a €722 million development pipeline
Promenada Mall Extension Bucharest 58,400sqm extension under construction
Promenada Craiova 63,700 sqm new centre opened October 2023
Bonarka City Center Refurbishment Poland 4,700sqm extension
PV green energy project Romania p/f
The value of retail properties held by investor
6800000000
Warehouse projects included in the portfolio
n/a
PRS projects included in the portfolio
n/a
The largest purchase transactions between July 2022 and June 2023
Forum Gdańsk, 63,500 GLA shopping centre in Poland in Dec 2022 for €250m one of the biggest single asset shopping centre transactions by value in Europe and the largest in CEE in 2022. The property was valued, on 31/12/22 at €268 mln, 7.2% higher than acquisition price. Transaction was concluded in record time for a deal of its size, in just two months. Anchor tenants include, Eurospar, Helios, H&M, Reserved, TK Maxx, Van Graaf and Zara. Catchment area of 840,000 people living within a 30-minute drive. BREAM in use Excellent.

Copernicus Shopping Center Torun acquired in Nov 2022 for €127m. The 48,000 sqm GLA centre is the dominant scheme in Torun, a city of 200,000 inhabitants, The centre has a BREEAM In-Use Very Good. It has a high occupancy rate of 98%, including brands such as H&M, Stradivarius, Media Markt, Reserved, Cropp, House, Mohito, Sinsay, and Decathlon.

Since purchase +27% higher turnover at Gdansk in H1 2023 versus H1 2022 and +21% higher sales at Copernicus
Why the company should be considered for the award
Retail real estate M&A in the CEE was severely impacted by Covid19. NRP made two of the most significant retail real estate deals in the region since the start of the pandemic and due to financial strength could move quickly to conclude transactions in a market which had come to a standstill.
Future plans
NRP continued its growth strategy through earnings accretive acquisitions despite being one of the hardest hit sectors in real estate. It continues to deliver a €722 million development pipeline. It also has the financial strength to be acquisitive should the right opportunities be found.
Company website
Panattoni-23

Main Sponsor

Programme Sponsor

Charity Event Partner

Special Photo Event Sponsor

Welcome Drinks Sponsor