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Announced

Completed

NEPI Rockcastle completed the acquisition of Forum Gdansk Shopping Centre from Blackstone for €250m.

Synopsis

NEPI Rockcastle, an owner and operator of shopping centers in Central & Eastern Europe, completed the acquisition of Forum Gdansk Shopping Centre from Blackstone, a private equity firm, for €250m. “Forum Gdansk represents a compelling investment opportunity. We strongly believe in retail real estate and its positive outlook, despite concerns over the macroeconomic context and potential slowdown as a result of the rising inflation and interest rates. We are long-term investors and we are confident that fundamentally Central and Eastern Europe is a region that will continue to show further economic growth in the future," Rüdiger Dany, NEPI Rockcastle CEO.

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