11
Mar
2025

by Property Forum | Investment

CPI Europe has announced the sale of several properties in Vienna and Prague as part of a strategic portfolio optimization initiative.

The sold assets include two office properties in Vienna and the Ramada hotel and myhive Pankrac House office complex in Prague.

The combined transaction value was approximately €115 million, which was close to the most recent valuation of the properties.

The net proceeds from the sales were approximately €48 million.

CPI Europe said it will continue to pursue targeted sales of non-core assets in the future.

Tags: Austria CPI Europe Czech Republic myhive Pankrac House office Prague Ramada hotel Vienna

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