ARTICLES LABELLED WITH TAG cpi-property-group
03
Aug
2023
Aug
2023
CPIPG Country Manager: "ESG helps to build long-term corporate value"
Barbara Topolska, Country Manager for Poland at CPI Property Group has talked to Property Forum about the acquisition of Immofinanz, ESG contributions and the current financing conditions.
Read more >
25
Apr
2023
Apr
2023
CPI Property Group transfers four Czech assets to S Immo
CPI Property Group and S Immo have signed and completed an agreement regarding the sale and purchase of a property portfolio in the Czech Republic.
Read more >
25
Apr
2023
Apr
2023
CPI introduced a measurable green lease concept to its tenants
Tailor-made leases are essential in both the office and retail segments in Hungary too. Property Forum asked Mátyás Gereben, Country Manager of CPI Hungary about the relevant plans of the leading landlord and developer.
Read more >
04
Apr
2023
Apr
2023
CPI Property Group's portfolio value reaches €20.9 billion
In the year 2022, CPI Property Group became one of Europe's largest landlords. The CPIPG portfolio reached €20.9 billion, about €7.8 billion more than the year before due to several consolidations. Consolidated adjusted EBITDA was €608 million, while FFO1 was €355 million.
Read more >
31
Mar
2023
Mar
2023
Immofinanz sells Vienna office building to Austrian investor
Immofinanz is taking another important step in optimising its portfolio by selling an office property in Vienna. The Bureau am Belvedere building, with nearly 9,000 sqm of space, was sold to an Austrian investor.
Read more >
31
Mar
2023
Mar
2023
Immofinanz reports €142 million net profit for 2022
Immofinanz Group delivered very good operating performance in 2022 in spite of the challenging environment. Sustainable FFO 1 from the standing investment business rose by 21.7%. Rental income increased by 5.4% to €300.2 million and the results of asset management by 7.2% to €226.1 million. The Group also has a very solid capital base with an equity ratio of 47.9% and conservative debt with a net LTV of 40.7%.
Read more >
16
Feb
2023
Feb
2023
CPI Property Group completes upgrade of Bucharest office
CPI Property Group has announced the completion of the modernization process of the myhive Victoria Park building in Bucharest. The building completes the myhive building portfolio in Bucharest, which includes 4 other properties, including myhive S-Park, myhive Metroffice, myhive IRIDE | nineteen and myhive IRIDE | twenty.
Read more >
24
Nov
2022
Nov
2022
Immofinanz’s net profit reaches €249 million in Q1-Q3 2022
In the first three quarters of 2022, Immofinanz’s rental income reached a high €216.9 million, the results of asset management improved by 3.2% to €168.4 million, and sustainable FFO 1 from the standing investment business (including the S Immo dividend) rose by more than 15% to €115.9 million. Net profit equalled €248.6 million.
Read more >
09
Nov
2022
Nov
2022
CPI sells office portfolio in Budapest to S Immo
The sale comprises eight properties totalling around 109,000 sqm of lettable space with an annual rental income of approximately €16 million, plus one plot of land.
Read more >
28
Sep
2022
Sep
2022
Magdalena Kowalewska joins CPIPG Polska as COO
Magdalena Kowalewska joined CPI Property Group (CPIPG) Polska, taking the position of Chief Operations Officer.
Read more >
Latest news
- BNP Paribas Real Estate Poland names new CEO
- Europe's next growth corridor is emerging in the East
- Luxent Fund buys two Prague apartment buildings
- VGP inks new lease deals of 30,000 sqm in Romania
- StudentSpace expands with second location in Warsaw
- Autonet renews 26,000 sqm lease at CTPark Bucharest South
- Elektro outlet iPrice leases 29,000 sqm at VGP Vyškov
- Peakside expands City Point Targówek project in Warsaw
- EQT opens new logistics hub near Prague
- Former school in Ukraine to be transformed into housing for displaced families
New leases
- International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
- Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
- Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
