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COVID-19 update: NEPI Rockcastle’s operating gross leasable area increases to 93%, expected to exceed 95% by end May
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: NEPI ROCKCASTLE’S OPERATING GROSS LEASABLE AREA INCREASES TO 93%, EXPECTED TO EXCEED 95% BY
THE END OF MAY
NEPI Rockcastle provided an overview of the trading restrictions in the CEE countries where it operates and
their impact on its activity on 20 April 2021. Since that date, when 75% of the Group’s GLA was operational,
Governments reassessed the adopted restrictions, as set out in the below table.
As of 4 May 2021, tenants occupying approximately 93% of the Group’s GLA are operational. Based on
public announcements made by Governments, it is expected that the Group’s operational GLA will further
increase to over 95% by the end of May 2021.
Weight in Cinemas,
overall Operating Essential Non-essential children's
portfolio GLA (%) retailers retailers Restaurants, coffee playgrounds,
by at (groceries (other than shops and food other
properties’ 4 May and food and courts entertainment
market 2021 pharmacies) entertainment)
Country value (%)
Closed (local
Open (with restrictions
Romania 35 97 Open Open restrictions) affect cinemas)
Poland 24 88 Open Open Closed** Closed
Slovakia 10 95 Open Open Closed* Closed
Hungary 9 99 Open Open Closed*** Open
Open (with
Bulgaria 8 100 Open Open Open restrictions)
Croatia 5 98 Open Open Closed* Open
Serbia 3 98 Open Open Closed* Open
Czech 3 42 Open Closed Closed* Closed
Republic
Lithuania 3 86 Open Open Closed* Closed
Group 100 93
* except for takeaway and outdoor terraces
**except for takeaway
***only food court closed, except for takeaway
In Poland, non-essential stores in retail locations of over 2,000 m2 reopened on 4 May 2021. Restaurants
continue to operate on a delivery and take-away basis only. The authorities have announced that fitness and
entertainment facilities and indoors dining will be allowed to operate from 29 May 2021.
In the Czech Republic, hairdressers, barbershops and similar services reopened on 3 May 2021. Other non-
essential stores and services will resume trading on 10 May 2021. Restaurants, casinos, wellness, and other
entertainment will remain closed, with no targeted date for reopening communicated yet.
The safety and wellbeing of the Group’s customers, employees and partners remains NEPI Rockcastle’s
priority. NEPI Rockcastle 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
4 May 2021
Date: 04-05-2021 05:00:00
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