NEPI Rockcastle (NRP.AS) (JSE.NRP), Europe’s third largest listed owner, developer and manager of retail properties by portfolio market value at €6.6 billion, and the largest in Central and Europe, generated a 27% rise in net operating income (NOI) in the first quarter (Q1) of 2023 versus Q1 2022, to €120 million. The sharp uptick in performance extends the trend that was accelerating through 2022 and was driven by higher base rents, tight management of operating costs and an €8.8 million contribution from the three acquisitions - Forum Gdansk Shopping Center, Copernicus Shopping Centre, 50% of Ploiesti Shopping City - made by the Group in the second half (H2) of 2022. The increase in NOI was 17% on a like-for-like (LFL) basis.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) sets out below its Q1 2023 industrial market snapshot.
The first quarter of 2023 brought groundbreaking changes to the structure of Raben Group. Six locations in Germany, Poland and Czechia have gained the Eurohub status and the competence to manage transport throughout Europe.
Raben Group has released its annual Sustainability Report, detailing entire Group’s effort and progress towards achieving ESG goals and highlighting key initiatives made in pursuit of a more sustainable future.
As part of its large-scale development series, Raben opened its new cross-dock facility in Dunaharaszti. Due to the investment of approximately EUR 7.5 million, the area of the former building was expanded by 75%, enabling the company to manage significantly increasing volumes and to exploit the growth potential of domestic and international groupage transportation
GLP, a leading global investment manager in logistics real estate, digital infrastructure and renewable energy, has been operating in Central Europe for nearly three years.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) sets out below its Q4 2022 industrial market snapshot.
