NEPI Rockcastle develops the extension of Promenada Bucharest, an investment of over 100 million euros that will add 25,000 square meters of commercial space by 2027.
♦ NEPi Rockcastle, the largest owner of shopping centers in Romania and the third in Europe, registered an increase of 12.1% of the net operational income in the first half of 2025, reaching 307 million euros ♦ Romania remains the key market of the group, generating 110 million euros from net revenues, the largest contribution between all the countries, with the company, with the company. 180 million euros in Romania ♦ The unoccupied rate is kept at historical minimums of 0.8% on the local market.
NEPI Rockcastle strengthens its leading position on the Romanian retail market, registering performances above the regional average in the first half of 2025. With net operational revenues of 110.2 million euros generated only from Romania, compared to 107.5 million in the similar period of 2024, Romania retains its strategic market status for the South African giant. This performance significantly exceeds the results in Poland, the second largest market, which has generated 98 million euros, although it has assets with a close value. The dynamics of the Romanian market reflect the resilience of internal consumption and the attractiveness of modern shopping centers. The sales of the tenants increased by almost 4% in the first six months, exceeding the inflation rate, and the average value of the shopping basket climbed by 9.7%, a signal that the purchasing power is stamps despite the economic pressures. This positive trend contrasts with the evolution of other regional markets, where the growth was more moderate. In Hungary, for example, where NEPi operates commercial centers of similar dimensions, net revenues were only 18.7 million euros, reflecting the more acute economic challenges in this country.
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