News Formal

Nepi on acquisition trail central European preference for malls

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United Kingdom News News

Global retailers keen to expand outside western Europe, boosting demand for shopping centres

Nepi Rockcastle, owner of premier shopping centres in central and eastern Europe, is looking at growing its portfolio through acquisitions as consumers in the region continue to prefer malls, unlike Western Europe where high street is more dominant.

“Tenant demand for our retail properties is high. We’ve seen many international retailers enter and expand their operations in central and eastern Europe countries or enter new markets within our malls,” said CEO Rüdiger Dany...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Asian stocks retreat with US, European futures: markets wrapA gauge of Asian stocks dropped along with US and European equity futures as investors weighed the prospect of central banks tightening policy more than previously expected to tame inflation.
Source: dailymaverick - 🏆 3. / 84 Read more »