Amsterdam, 12 July 2017 – NEPI Rockcastle (ticker symbol: NRP), one of the largest real estate companies in Continental Europe, began trading today on Euronext Amsterdam[1].
At opening, based on a reference price of € 11.33 per share, the total market capitalisation of NEPI Rockcastle was approximately € 6.1 billion.
NEPI Rockcastle is the company created through the merger of real estate owners New Europe Property Investments (NEPI) and Rockcastle Global Real Estate (Rockcastle). The company owns and manages dominant retail assets and A-grade offices in the Central and Eastern Europe (CEE) region, with a complementary portfolio of global real estate listed securities. It benefits from NEPI’s extensive operational platform and from both founders’ strong track record in completing value enhancing acquisitions and developments.
The company’s core direct property portfolio comprises 42 retail, 6 office and 2 industrial properties, located primarily in the CEE region, with 3 developments under construction and 17 under permitting and pre-leasing.
[1] NEPI Rockcastle’s ordinary shares are listed on Euronext Amsterdam and on the Johannesburg Stock Exchange.
About NEPI Rockcastle
NEPI Rockcastle plc provides real estate investment services and invests in commercial properties such as mall, parks, shopping centers, and offices. NEPI Rockcastle’s core direct property portfolio comprises of 42 retail, 6 office and 2 industrial properties, located primarily in the CEE region, with 3 developments under construction and 17 under permitting and pre-leasing. NEPI Rockcastle is focused on expanding its portfolio in Romania, Poland, Slovakia, Croatia, the Czech Republic and Serbia and gradually into other CEE countries (which are recent or potential candidates to EU membership) through acquisition or development of dominant or potentially dominant regional retail assets that meet its investment criteria. NEPI Rockcastle plc is incorporated and registered in the Isle of Man and dual listed on the Euronext Amsterdam and the Johannesburg Stock Exchange.