NEPI finalizes merger with Rockcastle

NEPI has finalized its merger with Rockcastle Global Real Estate Company, forming a new company called NEPI Rockcastle Plc. While initial estimates in December valued the merger at €5.6bn, the stock market capitalization amounted to €6.1bn. NEPI Rockcastle is among the top 10 real estate companies in Europe. The new company owns a number of commercial properties in the CEE region, including in Poland, Romania and Slovakia, as well as a portfolio of listed and liquid stocks worth more than €1bn.