News Article Budapest CPI Hungary office retail
by Property Forum | Retail

From now on property management, renting and legal services at CPI Hungary are performed by the employees of the company in all retail portfolios.

CPI Hungary has brought the entire management of its retail portfolio - including asset management, leasing, marketing, operations and legal support - under integrated management in-house, which means that there are no outsourcing services for any activity. As a result, the company's workforce has grown significantly by 40%.

The company's integrated, in-house portfolio management model has already delivered on expectations in the office market, as it has significantly improved service levels. In 2017, CPI acquired a significant amount of retail real estate in Hungary, followed by the repositioning of shopping centres and smaller retail properties and the professionalisation of management. In addition, the Campona shopping and entertainment centre, part of the company's portfolio, will be renovated this spring as a family experience centre.