CPI PROPERTY GROUP - Acquisition of Moniuszki 1A Office in Warsaw

DGAP-News: CPI PROPERTY GROUP / Key word(s): Acquisition
25.03.2020 / 17:44
The issuer is solely responsible for the content of this announcement.CPI PROPERTY GROUP
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254

PRESS RELEASE
Luxembourg, 25 March 2020

*CPI PROPERTY GROUP - Acquisition of Moniuszki 1A Office in Warsaw*

CPI Property Group ("CPIPG"), the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the purchase of Moniuszki 1A office building in Warsaw.

"This acquisition is a small but important example of CPIPG's commitment to increasing our exposure to high-quality offices, which already represent the largest segment of our portfolio," said Tomas Salajka, head of acquisitions and asset management for CPIPG. "The Group has nearly completed our acquisition pipeline in Warsaw, which will deliver solid rental income going forward."

Located in the center of Warsaw, Moniuszki 1A offers 10,000 square metres across 18 floors, and was fully refurbished in 2015. Moniuszki 1A is located near Świętokrzyska metro station and offers direct access to two metro lines as well as several tram and bus stops. Notable tenants include the Polish Ministry of Finance and the Copernicus Centre of Science. The property was acquired from Catalyst Capital.

For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com

For further information please contact:

INVESTORS

CPI PROPERTY GROUP
David Greenbaum
Chief Financial Officer
d.greenbaum@cpipg.com

CPI PROPERTY GROUP
Joe Weaver
Director of Capital Markets
j.weaver@cpipg.com

MEDIA/PR
Kirchhoff Consult AG
Andreas Friedemann
Borselstraße 20
22765 Hamburg
T +49 40 60 91 86 50
F +49 40 60 91 86 60
E andreas.friedemann@kirchhoff.de
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25.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: CPI PROPERTY GROUP
40, rue de la Vallée
L-2661 Luxembourg
Luxemburg
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
EQS News ID: 1007259
End of News DGAP News Service