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Acquisitions and operations improvements fuel a 12.6% increase in NEPI Rockcastle’s NOI – Property Wheel

Summary by propertywheel.co.za
NEPI Rockcastle achieved a 12.6% increase in net operating income (NOI) to €152 million during Q1 2025 when compared to Q1 2024, driven mainly by two large acquisitions in Poland during the second half of 2024 as well as several asset management initiatives for its existing portfolio. On a like-for-like basis, the Fund’s NOI increased by 5% with short-term income and improvements in cost recovery contributing to its NOI growth. “Driving growth i…
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propertywheel.co.za broke the news in on Friday, May 16, 2025.
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