This strategic capital raise marks an exciting new chapter in the company’s growth journey as it continues to expand its portfolio and enhance its position as the leading owner and operator of shopping centers in Central and Eastern Europe.
“We are very pleased with the strong investor interest in this equity raise, which underscores confidence in our strategic vision and our leadership in the Central and Eastern European retail real estate market,” comments Rüdiger Dany, CEO of NEPI Rockcastle. “This fresh capital will further strengthen our ability to capitalize on growth opportunities, while continuing to deliver value to our shareholders.”
The funds will support the company’s robust pipeline of development and acquisition projects, ensuring that NEPI remains agile and well-positioned to seize new opportunities in its core markets.
As the leading owner, operator and developer of shopping centers in Central and Eastern Europe, coupled with resilient economic growth and rising household consumption in the region, NEPI is well placed to take advantage of the strong demand from international retailers seeking space in the Company’s core markets. The Placing will provide the Company with new capital and increased financial flexibility to further accelerate its growth strategy, whilst maintaining a strong balance sheet.
