CPI keeps CBRE on as PM for Budapest malls

18
May
2017
News - CPI keeps CBRE on as PM for Budapest malls #Budapest #CBRE #CPI #Hungary #property management #retail

by Ákos Budai | Retail

After acquiring the Campona and Pólus shopping centres in Budapest, CPI Property Group has again entrusted CBRE to manage its new properties. CBRE has also been selected as the exclusive leasing agency for the two malls.

As the result of one of the largest real estate transactions of CEE in Q1 2017, CPI Property now owns the commercial real estate portfolio of CBRE Global Investors. CPI Property Group acquired the portfolio of 11 commercial properties in Hungary, Czech Republic, Poland and Romania from funds managed by CBRE Global Investors. In Hungary the portfolio includes the Campona and Pólus shopping centres, the Andrássy Palace office building and Interspar supermarkets located in Zalaegerszeg and Nyíregyháza. In case of the two shopping centres the new owner decided to continue the property management with CBRE.

In addition to the aforementioned property management mandate, CPI Property Group has entrusted CBRE as the exclusive leasing agency for Pólus and Campona shopping centers. 

Budapest CBRE CPI Hungary property management retail


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