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CPIPG has published unaudited financial results for the six months ended 30 June 2024. Further reducing leverage and complexity remains the Group's key priority, as David Greenbaum, CEO at CPIPG explained.

CPIPG has prepared an update for our stakeholders regarding the completion of the independent review of allegations raised by short seller Muddy Waters. Global law firm White & Case has concluded its independent compliance review of the allegations raised by short seller Muddy Waters since November 2023, along with an assessment of our governance practices. 

VGP NV has announced results for the first half of 2024. Compared to the first half of 2023, profit before tax has increased by 218%. The company has also concluded a record volume of new rental contracts.

Immofinanz Group, majority owned by CPI Property Group, recorded a rental income growth of 13% during H1 2024 to €292.5 million compared to the same period of last year and recorded a strong profit, according to a financial report.

Sick building syndrome (SBS) is becoming a growing problem affecting millions of buildings worldwide. In Great Britain and New Zealand, up to 80% of employees have shown symptoms of SBS leading to increased sickness and reduced productivity.

CBRE's new pan-European survey has confirmed the success of the long-term effort of companies to attract employees back to their offices, with the best results achieved by large companies.

The Czech Republic has been risking losing its self-sufficiency in producing stone and sand, according to the Euroconstruct report. These essential materials are becoming scarce because closed deposits are not replaced with newly opened ones. Obtaining permits for new ones is extremely complicated and none have been created for long.

According to Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in the second quarter of 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 million sqm mark. 

Property Forum’s annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 22 October 2024. The list of award categories is already available and nominations are now open until September 16th. Property Forum’s Country Manager for Romania Fulvia Meirosu and CEO Csanád Csürös answered all potential questions related to the nomination process and explained how the winners will be selected.

In the second quarter of 2024, the total office space in Bratislava has reached almost 2.1 million sqm, while the share of vacant offices has decreased, according to the quarterly report of CBRE.