Nepi Rockcastle plc (JSE:NRP)
NEPI Rockcastle (JSE:NRP) is the premier owner and operator of shopping centres in Central and Eastern Europe (CEE), with presence in nine countries.
The Group benefits from a highly-skilled internal management team which combines asset management, development, investment, leasing and financial expertise. Geographically diverse management skills allow NEPI Rockcastle to pursue CEE property opportunities efficiently, benefiting from a strategic advantage in the acquisition, development and management of properties.
NEPI Rockcastle owns and operates 53 retail properties (excluding joint venture) which attracted 325 million visits in 2019. With group-level management of tenant relationships and a focus on cross-country collaboration, the Group is the leading strategic partner for major retailers targeting CEE countries.
The Group’s financial strategy includes maintaining a profile of adequate liquidity, conservative gearing, and a diverse debt structure, which combines secured and unsecured bank debt.