REITS
Nepi Rockcastle making hay as shoppers splurge
The mall owner is cashing in on its dominance in Eastern Europe, where aspirational shoppers continue to spend merrily
31 August 2023 - 05:00
South Africans who don’t have exposure to Eastern Europe are missing out on an attractive moneymaking opportunity. That was abundantly clear from the impressive set of results released last week by Nepi Rockcastle.
The mall owner, whose R136bn portfolio of 60 shopping centres spans nine Central and Eastern Europe (CEE) countries, continues to cash in on the relative strength of the region’s economy. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.