Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.

CPI Europe AG has signed a non-binding letter of intent with Czech Property Investments, a.s., a subsidiary of CPI Property Group, for the acquisition of a residential property portfolio in the Czech Republic. The move follows the company’s new strategy announced on 14 August 2025.

CPI Property Group (CPIPG) has launched the next stage of modernisation at the Eurocentrum-Alfa office building in Warsaw, part of the Eurocentrum Office Complex. Following earlier investment in HVAC and building management systems, work is now beginning on a full refurbishment of the lobby area.

CPI Europe has announced an adjustment to its business strategy to better align with its existing group structure, recent business developments, and the market environment.   

In the first half of 2025, CPI Property Group (CPIPG), owner and manager of 23 shopping centres and retail parks across Poland, signed 78 retail lease agreements – including new contracts and extensions – for a total of 14,900 sqm.

After a costly expansion in Austria, where it has acquired S Immo and Immofinanz, CPI Property Group is shrinking and selling, particularly in Germany and Austria, according to seznamzpravy.cz.

Fulga Dinu, Country Manager of CPI Romania, talked to Property Forum about the investments and new leasing deals across the group’s 590,000 sqm office and retail portfolio in the local market and CPI’s ultra personalized approach in relation to its tenants.

Immofinanz will be rebranded as CPI Europe following a proposal forwarded by the group’s majority shareholder CPI Property Group that was passed in a meeting of shareholders. 

CPI Property Group is preparing for the launch of a rental housing investment fund, reports Hospodarskenoviny.cz. The stabilised rental properties are a conservative investment opportunity with relatively low returns.

Immofinanz Group posted a net profit of €50.9 million in the first nine months of 2024, recovering from a loss of €105.9 million in the same period of last year, over higher rental income and additional sales of assets.