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ACROSS

February 21, 2024

credit:costa coffee

First Costa Coffee store in Belgium

For the premiere in Belgium, Costa Coffee and its partner Lagardère Travel Retail have chosen a central location at Liège-Guillemins station.

credit: NEPI Rockcastle; Bellier Financial

NEPI Rockcastle Delivers Record Financial Results for 2023 with Net Operating Income Jumping to €491 million and recurring DEPS up 17.1% on 2022

NEPI Rockcastle generated the highest distributable earnings per share in its history in 2023, exceeding the previous record set in 2019. This marks not only a complete recovery from the effects of the Covid-19 pandemic, but also a sustainable step-up in performance determined by continuing investments in its portfolio. Throughout the year, the Company updated its earnings guidance to the upside as management took note of the strong results coming in. Even so, the 17.1% increase in recurring DEPS achieved (9.3% on a nominal basis) exceeded its latest update.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
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