Immofinanz will be rebranded as CPI Europe following a proposal forwarded by the group’s majority shareholder CPI Property Group that was passed in a meeting of shareholders.
The changed name will support the brand identity and the strategic positioning as one of Europe’s leading real estate groups, according to a group statement.
The entry of the new company name in the Company Register is expected to take place in March 2025.
Furthermore, following the squeeze-out of S Immo, Vladislav Jirka and Matej Csenky, previously members of the Supervisory Board of S Immo, were newly elected to the Supervisory Board of Immofinanz.
The Supervisory Board now consists of six members elected by the shareholders’ meeting and two members delegated by the Works Council: Miroslava Greštiaková (Chairwoman), Martin Matula (Vice-Chairman), Iveta Krašovicová, Matúš Sura, Vladislav Jirka and Matej Csenky, as well as Philipp Amadeus Obermair and Anton Weichselbaum.
CPI Europe’s portfolio comprises 470 properties with a combined value of around €8 billion.