CPI Europe – Disposals in Vienna and Prague

EQS-News: Immofinanz AG / Key word(s): Real Estate/Disposal
CPI Europe – Disposals in Vienna and Prague
10.03.2025 / 16:50 CET/CEST
The issuer is solely responsible for the content of this announcement.

CPI Europe AG
Wienerbergstrasse 9
1100 Vienna, Austria


FN 114425y HG Wien
UID: ATU 37681807
DVR 0607274

 

Press Release – Corporate News

Vienna, 10 March 2025

 

CPI Europe – Disposals in Vienna and Prague 

 

CPI Europe successfully completed sales of properties in Vienna and Prague as part of a strategic portfolio optimisation.

 

Two office properties were sold in Vienna, along with the Ramada hotel and the myhive Pankrac House office complex in Prague. The combined transaction value was approximately EUR 115 million, close to the most recent valuation of the properties. Net proceeds were approximately EUR 48 million.

 

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

 

For further information, please contact:

Investor Relations and Corporate Communications

Simone Korbelius
Investor Relations and Corporate Communications
T +43 (0)1 88 090 2291
M +43 (0)699 1685 7291
communications@cpi-europe.com
Investor .Relations@cpi-europe.com

 

For more on CPI Europe, visit our website: cpi-europe.com

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10.03.2025 CET/CEST This Corporate News was distributed by EQS Group. www.eqs.com



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