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Nepi on acquisition trail central European preference for malls

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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.

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