CDH advised on merger to create largest listed real estate player in Central and Eastern Europe – NEPI Rockcastle Plc
The entities merged into a new entity, NEPI Rockcastle Plc, and listed on the JSE. Our team led the work on this listing too.
The R90 billion transaction was technically complex, as it involved three different entities and five different regulatory regimes, namely Romania (EU), Netherlands (EU), Isle of Man, Mauritius and South Africa. The fact that there were significant South African investors invested in both NEPI and Rockcastle also resulted in a number of complex regulatory and tax technical considerations. This mandate was shortlisted for Dealmakers Deal of the Year 2017.
