Andrew Nisbet
Key West Holdings
Paul O'Reilly-Hyland

Spiro Noussis

London, UK


Megalo Ltd

Spiro Noussis


Spiro Noussis is a highly experienced property professional who has founded, managed and developed commercial real estate businesses for over 15 years. As Chief Executive Officer of Rockcastle Global Real Estate Company Ltd he executed the merger with New Europe Property Investments Plc (NEPI) in July 2017 and the new company, renamed NEPI Rockcastle plc, is now the largest retail landlord in Central and Eastern Europe (CEE) with a portfolio of dominant retail centres exceeding €5bn in value. He was directly responsible for building the direct property business of Rockcastle which included the acquisition/development of retail centres in Poland, Czech Republic and Hungary worth €2bn and establishing the operational headquarters in Warsaw, Poland. Following the merger Spiro became Co-CEO and an Executive Director of the company to ensure a smooth handover.

In 2010 Spiro co-founded Lodestone, a South African based retail-focused property fund. He left the company in 2014 to join Rockcastle in the UK, after which Lodestone was listed on the Johannesburg Stock Exchange and subsequently acquired by a larger South African listed property REIT in 2017.

A graduate of the University of the Witwatersrand, Spiro started his private equity career in South Africa and in 2005 moved into property development and investment before relocating to London where he is now based.

Spiro Noussis’ Newsfeed

19 Jul 2018
The South African muscle behind CEE retail

In an interview with PropertyEU, co-CEO Spiro Noussis reveals how the Isle of Man company with South African backing has become the leading shopping centre owner and developer in Central and Eastern Europe.

03 Jun 2018
Nepi Rockcastle makes Lithuania property debut

CEO Spiro Noussis said the centre, which had current net operating income of €8.8m an annum, served some of the country’s most affluent shoppers.  "There is a larger shopping centre in the city. However, we believe that we have bought the one which appeals to the more affluent customer base with its modern design and strong tenant mix," said Noussis.

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Spiro Noussis’ Background

Megalo Ltd logo Megalo Ltd logo
Megalo Ltd
2018 - Present
London, UK
Executive Director
Jul 2017 - Dec 2018
London, UK
NEPI Rockcastle owns, manages & develops dominant retail properties in the following countries: Romania, Poland, Bulgaria, Slovakia, Hungary, Croatia, Czech Republic & Serbia. NEPI Rockcastle is the result of the merger between New Europe Property Investments plc (NEPI) and Rockcastle Global Real Estate Company Ltd in July 2017 and is currently the largest retail landlord in CEE.
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Other Business Interests

Panel Speaker
Johannesburg, ZA
Spiro was a Panel Speaker on REITs in Europe at the SA REIT Conference in March 2018.

Spiro Noussis’ Education

Bachelor of Commerce, Bachelor of Accounting CA(SA)
1989 - 1993