BIG buys Promenada Novi Sad for EUR 177 million – NEPI Rockcastle withdrawing from Serbian market

Source: eKapija Friday, 11.10.2024. 11:49
Comments
Podeli
Promenada (Photo: Shutterstock/Andrej Privizer)Promenada
NEPI Rockcastle has published on its website the notice on the closing of the sale of the Promenada Shopping Center in Novi Sad.

– Shareholders are advised that the disposal was successfully concluded on October 7, 2024, in accordance with the terms of the agreement and the final cash proceeds amounting to EUR 177 million were settled – says the announcement on the company’s website.

NEPI Rockcastle announced in July that, through its wholly owned subsidiary NE Property B.V., it had entered into a binding agreement to dispose of 100% of the shares in the subsidiary holding the retail property known as Promenada Novi Sad to a Serbian subsidiary of CEE BIG BV. The net proceeds from the disposal, in the amount of EUR 177 million, they added, will be used to fund NEPI Rockcastle’s pipeline of acquisitions and developments.


Following the disposal, NEPI Rockcastle will no longer have properties and will cease its operations in Serbia.

I. Z.
Šta imamo u krugu od:
1 km
2 km
3 km
5 km
10 km
15 km
Comments
Your comment
Full information is available only to commercial users-subscribers and it is necessary to log in.

Forgot your password? Click here HERE

For free test use, click HERE

Follow the news, tenders, grants, legal regulations and reports on our portal.
Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu
Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno, uz konsultacije sa našim ekspertima.