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DGAP-News: CPI PROPERTY GROUP - Acquisition of Equator I office in Warsaw


DGAP-News: CPI PROPERTY GROUP / Key word(s): Real Estate/Acquisition
CPI PROPERTY GROUP - Acquisition of Equator I office in Warsaw

06.03.2020 / 17:39
The issuer is solely responsible for the content of this announcement.


CPI PROPERTY GROUP
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254

PRESS RELEASE
Luxembourg, 6 March 2020

CPI PROPERTY GROUP - Acquisition of Equator I office in Warsaw

CPI Property Group ("CPIPG"), the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the acquisition of Equator I office in Warsaw.

"CPIPG's office platform in Warsaw now comprises 11 office properties across more than 270,000 square metres," said Barbara Topolska, country manager for CPIPG in Poland. "The scale of our operations allows CPIPG to uniformly implement our proprietary management model to drive efficiencies and enhance our ability to meet the needs of our tenants."

Located on Aleje Jerozolimskie, in the vicinity of Zawisza Square, Equator I was completed in 2008 and comprises over 19,500 square metres of class A office space located on 15 floors. Equator I is certified BREEAM "Very Good," thus further enhancing the proportion of green-certified buildings in CPIPG's portfolio. Equator I was acquired from IMMOFINANZ.

For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com

For further information please contact:

INVESTORS

CPI PROPERTY GROUP
David Greenbaum
Chief Financial Officer
[email protected]

CPI PROPERTY GROUP
Joe Weaver
Director of Capital Markets
[email protected]

MEDIA/PR
Kirchhoff Consult AG
Andreas Friedemann
Borselstraße 20
22765 Hamburg
T +49 40 60 91 86 50
F +49 40 60 91 86 60
E [email protected]



06.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: CPI PROPERTY GROUP
40, rue de la Vallée
L-2661 Luxembourg
Luxemburg
Phone: +352 264 767 1
Fax: +352 264 767 67
E-mail: [email protected]
Internet: www.cpipg.com
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart
EQS News ID: 991687

 
End of News DGAP News Service

991687  06.03.2020 

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