NEPI Rockcastle N.V. — M&A Activity 2017

Dec 7, 2017

NEPI Rockcastle plc Incorporated and registered in the Isle of Man Registered number 014178V JSE share code: NRP Euronext share code: NRP ISIN: IM00BDD7WV31 ("NEPI Rockcastle" or "the company")

ACQUISITION OF PARADISE CENTER, BULGARIA

Further to the announcement on 21 September 2017, NEPI Rockcastle is pleased to announce that the acquisition of Paradise Center in Sofia, Bulgaria ('the Transaction") became effective as of 1 December 2017. The Transaction, together with the acquisition of Serdika Center earlier in the year, cements NEPI Rockcastle's position in the Bulgarian market with ownership of the two best performing retail assets in the capital city.

For further information please contact:

NEPI Rockcastle Alex Morar	+40 721 371 100
JSE sponsor
Java Capital	+27 11 722 3050
Euronext Listing Agent
ING Bank N.V	+31 20 57 67 262

7 December 2017