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Articles

NEPI Rockcastle Strides into Q1 2023 as Net Operating Income up 27% to €120 mln, Robust Growth in Sales, Footfall and Spend

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.

Belgrade is the capital of the Real Estate

June month in Belgrade has long been reserved for the world of real estate. Belgrade invites and expects participants who will come to visit the REBEC event.

U Hrvatskoj nekretnine sve skuplje, u Trstu sasvim druga priča

It is precisely because of tourism that real estate on the Adriatic is increasingly expensive, but it is not the same on the other side of the coast. Our team visited Rijeka and Trieste, two seemingly very similar port cities. However, while in Rijeka it has long been impossible to buy decent real estate for reasonable money, in Trieste, sixty kilometers away, it's a completely different story.

Missafir acquires Golden Leaf Properties in Croatia

Missafir, Turkey's first short-term/mid-term home rental management platform, has acquired Golden Leaf Properties to enter the Central European market strongly. Missafir's strategic decision to enter and grow in Croatia is the most vital step towards becoming Europe's largest short-term/mid-term home accommodation brand, starting from the rapidly developing tourism hub of the Adriatic region.

Every third property in Croatia is bought by foreigners

How to ensure quality housing is still a burning problem for many Croats. The prices of new buildings are rising unstoppably, just like the interest on housing loans and apartment rentals. The government announces a new measure of subsidizing rent. Many fear that this could also raise housing prices just like the well-known APN subsidized loans.

New BIZkoshnica in the city - BIZkoshnica Jabukovac

BIZkoshnica is one of the first coworking spaces in Croatia. It was opened in the fall of 2015, and since then it has been a home and a place for work, meetings, gatherings and events for a community of about a hundred micro-entrepreneurs, freelancers, members and employees of associations, professionals from a wide range of professions. Since this year, it has opened its doors in an additional space in Jabukovac. . On that occasion, we spoke with Mirela Marović Omerzu, read what she told us!

Renting city spaces in Zagreb is up to three times more expensive

Zagreb restaurateurs, craftsmen and others who until now have been operating in rented city premises could soon find themselves faced with a big challenge of how to continue business with rental prices that, in some cases, are three times higher, writes Jutarnji list.

We spoke with Dario Tomljenović about market changes and the need for a hybrid way of working

Market changes brought us a completely new way of working and created new needs and habits both for employees and for all companies. Mr. Dario Tomljenović, IWG, shared with us what we can expect from the commercial real estate sector in the coming years.

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