ARTICLES LABELLED WITH TAG CPI Property Group

News Immofinanz reports €142 million net profit for 2022
31
Mar
2023

Immofinanz reports €142 million net profit for 2022

by Property Forum
Immofinanz Group delivered very good operating performance in 2022 in spite of the challenging environment. Sustainable FFO 1 from the standing investment business rose by 21.7%. Rental income increased by 5.4% to €300.2 million and the results of asset management by 7.2% to €226.1 million. The Group also has a very solid capital base with an equity ratio of 47.9% and conservative debt with a net LTV of 40.7%.
Read more >
News CPI Property Group completes upgrade of Bucharest office
16
Feb
2023

CPI Property Group completes upgrade of Bucharest office

by Property Forum
CPI Property Group has announced the completion of the modernization process of the myhive Victoria Park building in Bucharest. The building completes the myhive building portfolio in Bucharest, which includes 4 other properties, including myhive S-Park, myhive Metroffice, myhive IRIDE | nineteen and myhive IRIDE | twenty.
Read more >
News Immofinanz’s net profit reaches €249 million in Q1-Q3 2022
24
Nov
2022

Immofinanz’s net profit reaches €249 million in Q1-Q3 2022

by Property Forum
In the first three quarters of 2022, Immofinanz’s rental income reached a high €216.9 million, the results of asset management improved by 3.2% to €168.4 million, and sustainable FFO 1 from the standing investment business (including the S Immo dividend) rose by more than 15% to €115.9 million. Net profit equalled €248.6 million.
Read more >
News CPI sells office portfolio in Budapest to S Immo
09
Nov
2022

CPI sells office portfolio in Budapest to S Immo

by Property Forum
The sale comprises eight properties totalling around 109,000 sqm of lettable space with an annual rental income of approximately €16 million, plus one plot of land. 
Read more >
News Magdalena Kowalewska joins CPIPG Polska as COO
28
Sep
2022

Magdalena Kowalewska joins CPIPG Polska as COO

by Property Forum
Magdalena Kowalewska joined CPI Property Group (CPIPG) Polska, taking the position of Chief Operations Officer.
Read more >
News CPIPG becomes majority owner of S Immo
22
Aug
2022

CPIPG becomes majority owner of S Immo

by Property Forum
CPI Property Group (CPIPG) has become the owner of approximately 79.2% of the shares of the Austrian company S Immo. CPIPG, in its mandatory takeover offer, offered to buy out the shares of S Immo for €23.50 per share. This offer, available until August 12, 2022, was taken up by holders of approximately 36.66% of S Immo shares.
Read more >
News CPI Property Group to provide asset management services to Immofinanz
28
Jul
2022

CPI Property Group to provide asset management services to Immofinanz

by Property Forum
Following the majority takeover of Immofinanz by CPI Property Group (CPIPG), resulting in the shareholding of app. 77%, Immofinanz announced an update strategy, including close cooperation with CPIPG and the related synergy effects. CPIPG and Immofinanz now agreed that CPIPG will provide asset management services to local Immofinanz companies.
Read more >

Latest news


New leases

  • Hillwood Polska has relocated its office to Warsaw's Plac Małachowskiego office building. The company will occupy space on the fifth floor of the building.
  • Primark is opening its seventh shop in Poland. Another outlet of the chain will be opened in the Zielone Arkady shopping centre in Bydgoszcz. The store will occupy a total retail space of 3,200 sqm on two floors.
  • GTC in collaboration with The Shire Beyond Coworking, is isopening a new coworking space in Korona Office Complex in Kraków.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Stage Capital has announced the appointment of Jacek Kołodziejski as Country Director in Poland. His role is to manage Stage Capital's retail property portfolio in Poland and to guide the growth of its value through expansion of existing facilities and acquisitions with growth potential.
  • Tomasz Waligórski will take over as General Manager of the Carrefour chain in Poland from 1 November. In this function, he will replace the previous, long-standing director of the Polish branch, Tareck Ouaibi.

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2024 | Terms & conditions | Privacy policy