NEPI Rockcastle Acquires Prime Polish Shopping Center – TipRanks.com
NEPI Rockcastle Plc (DE:0A3) has released an update.
NEPI Rockcastle has expanded its portfolio by acquiring Magnolia Park, a major shopping center in Wroclaw, Poland, for €373 million, which is expected to enhance the Group’s earnings. This strategic acquisition aligns with the Company’s focus on dominant retail properties in investment-grade countries and is poised to bolster its presence in Central and Eastern Europe. Magnolia Park boasts a high occupancy rate and serves as a key retail destination in one of Poland’s economically strongest cities.
For further insights into DE:0A3 stock, check out TipRanks’ Stock Analysis page.
Related
Amazon Black Friday 2024 sales event will start Nov. 21:…
Amazon's Black Friday event for 2024 starts on Thursday, Nov. 21, the week before Black Friday, and runs through Nov. 29, the day after Thanksgiving and the off
Sector Spotlight: Shopping Center REITs
Paul Bradbury/OJO Images via Getty Images The November 6th announcement of Blackstone’s (BX) take-private acquisition of Retail Opportunity Investments Cor
XXL TVs are expected to be a popular purchase this…
RICHFIELD, Minn. — Grabbing a TV for a steal-of-a-deal is a popular move during the holiday season. This year, industry experts are expecting shoppers to go b
Why I love vintage shopping on Haight Street
Yes, it’s a lot of tie-dye and hippie-flavored apparel, but the Haight’s deeper legacy pulses beneath the surface. As the epicenter of America’s 1960s cou
