CPI Property Group
We are a leading European real estate group
CPI Property Group (“CPIPG”) owns and operates a diversified, high-quality real estate portfolio valued at over €6.7 billion as of December 31, 2017.
While the largest sectors of the Group are office and retail, CPIPG also has hotels, residential, industrial, agricultural and logistics properties and holds a land bank primarily in Czechia, of which the largest segment is in Prague.
Approximately 78 percent of CPIPG’s properties are located in Czechia and Berlin, with the remaining properties in Hungary, Poland, Slovakia and Croatia and to a lesser extent Switzerland, France, Italy, Romania and Russia.
The Group has an asset management team which actively manages the portfolio to improve occupancy rent, and tenant mix. The Group conducts asset management at the headquarters level, and at the local level for all key segments and geographies.
Currently, CPIPG is the:
#1 office landlord in Prague
#1 retail landlord in Czechia
#1 office landlord in Berlin
#2 residential landlord in Czechia
The Group’s strategy is focused on our core geographies of Czechia and Berlin, with continued selective investments in CEE and other segments where we can add value.
CPIPG has a conservative financial policy which supports the Group’s investment grade credit ratings.
FOUNDATION OF CPIAS
ACQUISITION OF RESI PORTFOLIO
Purchase of residential portfolios that together make up the current range of 12,500 units under the brand CPI Byty
ISSUANCE OF FIRST BONDS ON THE CZECH MARKET
The Group moves to the forefront of the most significant Czech real estate investors
Acquisition of investments and development company ABLON Group Limited, which owned a significant property portfolio in CEE
INTEGRATION OF CPI & GSG AND ESTABLISHMENT OF CPI PROPERTY GROUP
This step created an extraordinarily strong European property group with a balanced portfolio
QUADRIO PROJECT COMPLETION
Most significant completed development project of CPIPG
MAJOR BONDS OPERATIONS
Active issuance in local bond markets to capture strong credit appetite, further enhancing our funding profile
ACQUISITION OF RETAIL PORTFOLIO FROM CBRE GLOBAL INVESTORS
The largest acquisition of the Group: a retail portfolio of 11 shopping centres in Czechia, Hungary, Poland and Romania
TOTAL PROPERTY PORTFOLIO BREAKING €6 BILLION
FURTHER EXPANSION IN GERMANY
Acquisition of high quality commercial assets in Berlin and close to Karlsruhe
RATING AND SENIOR NOTES ISSUES
Baa3 rating by Moody's and issue of inaugural senior unsecured bond of €825m