04.20.2023

Developer NEPI Rockcastle plans to open the Promenada Craiova mall in October 2023, following a more than EUR125 million investment. The mall will include more than 150 stores. more

03.28.2023

Baupartner Construct, part of Baupartner group controlled by Michael Dietrich, is the general entrepreneur in charge with building Promenada Mall of Craiova, the biggest mall in Romania in the past more

08.19.2021

NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has resumed expansion in Romania in Bucharest and in Craiova. more

01.25.2021

NEPI Rockcastle, the biggest mall owner in Romania, has started work on expanding the Promenada mall and on the office building to be integrated into the shopping center in the north of Bucharest. more

08.31.2020

Promenada Mall in Bucharest, held by South Africa’s NEPI Rockcastle, posted 98 million lei rental income in 2019, 10% more than in the previous year, Finance Ministry data show more

10.09.2019

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10.01.2019

Investment fund NEPI Rockcastle, the largest shopping mall owner in Romania and a leading player in Central and Eastern Europe (CEE), has completed the acquisition of a 200,000 sqm land in Craiova, more

06.28.2018

Commercial property investor and developer NEPI Rockcastle returns to the office space race in the Floreasca Barbu Vacarescu area with the soon-to-begin expansion of the Promenada Mall and more

02.17.2017

South African-held real estate developer NEPI, which owns EUR1.8 billion real estate assets in Romania, is complaining for the first time about how difficult it is to get permits for the construction more

03.19.2015

South-African investment fund NEPI, the biggest investor in Romanian real estate, hired Sebastian Mahu, the head of property management department at real estate consultancy DTZ Echinox, to serve as more

11.25.2014

Romanian businessman Dragos Bilteanu, who has become one of the biggest investors in the regional investment funds (SIFs) over the last few years, has sold to South Africa’s NEPI (NEP.RO) the more

11.05.2014

The Romanian Competition Council approved the takeover of Raiffeisen evolution’s Promenada Mall by South-African investment fund New Europe Property Investment (NEPI). more

10.31.2014

South-African investment fund New Europe Property Investment (NEPI) paid EUR148 million for the Promenada Mall in Bucharest to Raiffeisen evolution, which invested EUR130 million in the project. more

10.31.2014

South-African investment fund New Europe Property Investment (NEPI) is buying the Promenada Mall in Bucharest, opened a year ago, in a deal estimated at EUR150 million. more

10.15.2014

Promenada Mall, opened near the Aurel Vlaicu subway station in northern Bucharest last October, following a EUR130 million investment, has mostly reached the targets set for its first year in more

09.22.2014

South-African investment fund New Europe Property Investment (NEPI) is negotiating the purchase of shopping center Promenada in Bucharest, an initial investment of EUR130 million. more

09.21.2014

Austrian real estate developer Raiffeisen evolution is negotiating the sale of the Promenada shopping center, a EUR130 million investment that opened less than one year ago in Bucharest, sources on more

06.16.2014

Mobile telephony operator Orange Romania rented a 13,700-sqm area in Green Court, an office building developed by Swedish group Skanska in northern Bucharest close to Promenada mall and the future more

10.16.2013

Austrian company Raiffeisen evolution is considering buying more land in Bucharest to develop medium-sized office buildings. more

09.20.2013

The opening in less than a month of the Promenada Mall in northern Bucharest will set off one of the biggest battles for clients in Romanian modern retail: the mall’s owner, Austrian Raiffeisen more

08.07.2013

Shopping center Promenada in Bucharest, developed by Raiffeisen Evolution, will be inaugurated on October 17, following a total investment of over EUR130 million. more

05.08.2013

Real estate developer Raiffeisen Evolution will open the new Promenada mall in capital city Bucharest by the end of October. more

03.23.2012

With construction just begun and delivery scheduled for 18 months from now, the Promenada mall in northern Bucharest has already signed Billa, Flanco, Intersport, Inditex, C&A and H&M among its more

01.10.2012

Raiffeisen Bank International will fund the Promenada Mall project in northern Bucharest with EUR95.5 million, according to Raiffeisen evolution, developer of the shopping center. more