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NEPI and Dedeman took 22 ha land in Timisoara from Cristescu brothers

South-Africa’s investment fund NEPI and the DIY retailer De­deman bought from the brothers Emil and Marius Cristescu and an Italian investor the 22 ha land of the former plastics factory Dermatina in Timişoara in a transaction estimated by ZF to EUR 15-20 million.

NEPI secures €20m to refinance Galati mall

NEPI secured a €20m loan from Garanti Bank to refinance Shopping City Galati.

NEPI’s shareholders, 73.5 pct. income growth

South Africa’s investment fund New Europe Property Investments (NEPI) reported for last year a profit for its shareholders of EUR 57.46 million, 73.5% bigger than the profit registered last year, EUR 33.1 million.

NEPI bought City Park Constanta for EUR 81 million

South-African investment fund NEPI, with assets of almost one billion Euros on the local market, bought for EUR 81 million the City Park in Constanta, developed by Israeli investors, in the largest real estate transaction of this year.

NEPI attracted EUR 50 M for three potential investments

The South-African fund New Europe Property Investments (NEPI), one of the most active investors on the Romanian real estate market, attracted approx. EUR 50 M through a capital increase operation, for three potential acquisitions that include a commercial centre in Romania.

Ploiești Shopping City opens

ROMANIA Carrefour and NEPI have opened the Ploiești Shopping City shopping centre in Ploiești in an investment of EUR 65 mln.

Fourth building at CBC completed

The businessman Ovidiu Sandor completed the fourth building in City Business Center in the city of Timisoara.

New Development Speed Record: First Mall in Galaţi, to Open in 6 Months since Beginning of Works

South-Africa’s group NEPI, which has bought last year in Galati a plot of 12.7 ha, started in May the construction works for Galaţi Shopping City, with a rentable area of 27,000 sq. m and after only 6 months will open the commercial centre with retailers such as Carrefour, New Yorker, Altex, Intersport or KFC.
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