The shares offer will be offered to specific investors selected through accelerated book build process subject to a minimum 1 million South-African rand subscription (EUR 85,000) for each investor. The ABB offer will start at 9 am (South Africa time) on Monday, 15th of April 2013 and can close at any moment after this date. Due to the fact that the shares will be emitted under the general authority of NEPI, the ABB offer address only to public shareholders as defined by the listing requests of Jonhannesburg Stock Exchange, according to a release transmitted by NEPI to Bucharest Stock Exchange. NEPI has registered last year over EUR 40 million income from rents and operations, with a 25% growth and a net profit of EUR 33.1 million, 76% higher than in 2011. The fund bought in 2012 the office project City Business Center in Timişoara, a land for the development of another business park in Cluj, lands for the construction of commercial centres in Braşov, Galaţi and Bucharest (Vulcan), and at the end of the year has opened Ploieşti Shopping City with Carrefour Property. The projects in Timişoara and Ploieşti, as well as the involving of the retailers C&A and H&M in Promenada Mall Braila have contributed to the company’s income growth. In 2013 NEPI plans to open the project on Vulcan platform in Bucharest, having already obtained the Zone Urban Plan permit in December 2012 and announced recently the construction works organization for the office project in Cluj. At the same time, the company intends to develop small commercial galleries near five Kaufland stores, two of them are going to be near the units in Alexandria and Sfântu Gheorghe. (source: economica.net)