DGAP-News: CPI PROPERTY GROUP - Acquisition of Green Corner A in Warsaw

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

PRESS RELEASE
Luxembourg, 28 January 2020

CPI PROPERTY GROUP - Acquisition of Green Corner A in Warsaw

CPI PROPERTY GROUP ("CPIPG" or the "Group"), the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the acquisition of Green Corner A office building in Warsaw, Poland.

Located in Warsaw's central business district, Green Corner A is a modern, LEED Platinum certified, A+ class office building spanning 14,860 square metres of leasable area over seven floors. Green Corner A was completed in 2012 and is nearly 100% occupied by strong local and international tenants such as PKO Bank Polski Group and Grant Thornton. The property was acquired from DWS Group ("DWS"), one of the world's largest asset managers and a significant investor in commercial real estate in the CEE region.

"Green Corner A is an important addition to CPIPG's office portfolio in Warsaw," said Barbara Topolska, country manager for CPIPG in Poland. "We will continue to pursue similar acquisitions in central locations with great tenants, high occupancy, steady rental income and strong green credentials."

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
d.greenbaum@cpipg.com

CPI PROPERTY GROUP
Joe Weaver
Director of Capital Markets
j.weaver@cpipg.com

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 andreas.friedemann@kirchhoff.de