CPI PROPERTY GROUP
CPI PROPERTY GROUP – ANNOUNCEMENT OF TRANSACTIONS
DGAP-News: CPI PROPERTY GROUP / Key word(s): Acquisition CPI PROPERTY GROUP CPI PROPERTY GROUP (the “Company”) announces a completion of two real estate transactions in the Czech Republic. On 21 December 2016 the Company acquired a portfolio of nine retail properties located in the regions of the Czech Republic anchored by Penny Market and Ahold. This acquisition, structured as a share deal, further strengthens the Company’s position as a key owner of retail shopping properties in the Czech Republic. On 23 December 2016 the Company disposed of a portfolio of nine smaller office properties located in the regions of the Czech Republic. The transaction is in line with the Company’s strategy for the Czech office property market, which focuses on larger properties in Prague and Brno. For further information please contact: Kirchhoff Consult AG
23.12.2016 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | CPI PROPERTY GROUP |
40, rue de la Vallée | |
L-2661 Luxembourg | |
Grand Duchy of Luxembourg | |
Phone: | +352 264 767 1 |
Fax: | +352 264 767 67 |
E-mail: | contact@cpipg.com |
Internet: | www.cpipg.com |
ISIN: | LU0251710041 |
WKN: | A0JL4D |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart |
End of News | DGAP News Service |