The merger of South-Africa based Rockcastle Global Real Estate Company Limited (Rockcastle) and New Europe Property Investments Plc (NEPI) has been completed. The deal has led to the formation of holding company NEPI Rockcastle Plc, the biggest commercial property investor in Central and Eastern Europe and one of the ten largest companies of its type in Europe in terms of capitalization.

On July 12, 2017, its shares were successfully floated on the stock exchanges in Johannesburg and Amsterdam. The market capitalization of the new entity exceeds €6 billion.

NEPI Rockcastle focuses on commercial real estate in Central and Eastern Europe. The company is a major owner of projects in Romania, the fourth largest in Poland and the second largest in Slovakia. It is also present in Croatia, the Czech Republic and Serbia. NEPI Rockcastle owns and manages 51 properties worth in total approximately €4 billion, as well as another six properties under construction. In addition, its portfolio includes securities of other companies from the commercial property sector worth over €1 billion.

Dentons acted as transaction advisor for Rockcastle. The team was made up of Capital Markets partner Jakub Celiński and Corporate and M&A partner Paweł Grabowski.

About Dentons

Redefining possibilities. Together, everywhere. For more information visit dentons.com