ARTICLES LABELLED WITH TAG CPIPG

Construction has begun on the region's newest Stop Shop retail park in the city centre of Salgótarján, Hungary. The project is developed by CPI Hungary.

CPIPG has announced the reacquisition of office and retail assets in Poland, sold only in June 2024, this time by using hybrid bonds.

Despite major divestments, the CPI Property Group has not managed to reduce its debt to the extent that rating agencies would return it to the investment grade, making its debts enormously more expensive. Due to increasing financial pressure, the owner is willing to consider buyout offers, according to six independent sources, reports e15.cz.

CPI Property Group has sold another hotel on Prague's Wenceslas Square, reports SeznamZprávy.cz. After the Juliš Hotel, this is the building that houses the Ramada Hotel and the largest Central European bookstore. 

CPIPG has sold its half share in the historic house U Petržilků in Prague on Malostranské Square to the Spolumajitelé group, Seznamzpravy.cz reports. 

CPI Property Group (CPIPG) has signed 198 leasing contracts covering 128,400 sqm of the company’s office space in Warsaw during 2024, which accounted for 18% of the total demand for office space in the city. 

CTP has appointed Jakub Kodr as its new Managing Director for the Czech Republic. Jakub has taken over the leadership of CTP as of January 2025. 

CPIPG has announced a few changes in its top management. Over the past ten years, the composition of CPIPG’s Board of Directors has evolved to meet the expectations of its international stakeholders and the needs of its expanding business. The Vitek Family Trust (VFT), the Group’s majority shareholder, is actively supporting changes leading to enhanced independence.

CPIPG has published unaudited financial results for the Q3 period 2024. The company is planning to continue in its disposals also in upcoming years. To execute this CPIPG has strengthened its team.

The Olympia Teplice shopping centre and business zone from CPI Property Group's portfolio is expanding. The enlarged shopping centre is planned to offer almost a hundred stores in an area of 43,000 sqm.