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NEPI ROCKCASTLE PLC - COVID-19 Update: Operational gross leasable area increased to 75%

Release Date: 20/04/2021 09:35
Code(s): NRP     PDF:  
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COVID-19 Update: Operational gross leasable area increased to 75%

NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
Share code: NRP
ISIN: IM00BDD7WV31
(“NEPI Rockcastle” or the “Group”)


COVID-19 UPDATE: OPERATIONAL GROSS LEASABLE AREA INCREASED TO 75%


NEPI Rockcastle last provided an overview of the trading restrictions in the CEE countries wherein the Group
operates and their impact on the Group’s activity as of 22 March 2021. Since that date, when 58% of the
Group’s GLA was operational, Governments reassessed the adopted restrictions, as set out in the below table.
As at 19 April 2021, tenants occupying approximately 75% of the Group’s GLA are operational.


                   Weight in      Operating       Essential      Non-essential       Restaurants,     Cinemas,
                   overall        GLA (%)         retailers      retailers           coffee           children's
                   portfolio      at              (groceries     (other than         shops and        playgrounds,        
                   by             19 April         and            food and           food courts      other
                   properties’                    pharmacies)     entertainment)                      entertainment     
 Country           market                                             
                   value (%)                                                      
                                                                 
                                                                                                                                                                     
 Romania**               35           90             Open           Open              Closed*         Closed (local
                                                                                                      restrictions affect
                                                                                                      cinemas)
 Poland                  24           28             Open           Closed            Closed*         Closed
 Slovakia                10           93             Open           Open              Closed*         Closed
 Hungary                  9           82             Open           Open              Closed*         Closed
                                                                                                      
 Bulgaria                 8          100             Open           Open                Open          Open (with 
                                                                                                      restrictions)
 Croatia                  5           98             Open           Open              Closed*         Open
 Serbia                   3           98             Open           Open              Closed*         Open
 Czech
 Republic                 3           42             Open           Closed            Closed*         Closed
 Lithuania                3           81             Open           Open              Closed*         Closed
 Group                  100           75
* except for takeaway and outdoor terraces

In the last two weeks, the restrictions on trading of non-essential stores have been relaxed in Serbia, Bulgaria,
Slovakia and Lithuania. Currently, such restrictions are still in place in Poland and Czech Republic, but are
expected to be eased by the end of April.

The safety and wellbeing of the Group’s customers, employees and partners, remains NEPI Rockcastle’s
priority. The business continues to apply extensive safety measures across the portfolio, to ensure customers
can securely access retail and other services.
For further information please contact:

NEPI Rockcastle plc
Alex Morar/ Mirela Covasa                 +44 1624 654 704

JSE sponsor
Java Capital                              +27 11 722 3050

Euronext Listing Agent
ING Bank                                  +31 20 563 6685

Media Relations                           mediarelations@nepirockcastle.com

20 April 2021

Date: 20-04-2021 09:35:00
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