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NEPI Rockcastle purchases 2 retail assets for €190M

Commercial property investor and developer NEPI Rockcastle PLC purchased the Aura Shopping Centre in Olsztyn, Poland, and the Ozas Shopping and Entertainment Centre in Vilnius, Lithuania, in separate deals for €189.5 million.

Aura has a gross lettable area, or GLA, of more than 25,000 square meters and is 94.2% leased, while Ozas has a GLA of more than 60,000 square meters.

The assets were purchased by separate NEPI units from Rockspring NPS European Alfa BV and ARENA Zweite Verwaltungs GmbH, respectively.