DGAP-News: CPI PROPERTY GROUP - Acquisition of Equator II office in Warsaw
DGAP-News: CPI PROPERTY GROUP
/ Key word(s): Acquisition
CPI PROPERTY GROUP CPI PROPERTY GROUP - Acquisition of Equator II office in Warsaw Completed in 2011, Equator II is a modern A class office building spanning 23,100 square metres over 14 floors with occupancy of nearly 100%. Together with Eurocentrum and Equator IV which were acquired by CPIPG in the fourth quarter of 2019, the addition of Equator II creates a superb platform for CPIPG on Aleje Jerozolimskie in central Warsaw. CPIPG acquired Equator II from Karimpol Polska, one of the leading developers in the region. "CPIPG is delivering on our acquisition pipeline," said Barbara Topolska, country manager for CPIPG in Poland. "Our office platform is now clearly among the best and largest in Warsaw." "The sale of Equator II marks the completion of investment cycle of Karimpol's successful Equator office complex on Aleje Jerozolimskie which was one of the foundation stones of the Jerozolimskie Business Corridor. The second transaction with CPIPG in Warsaw proves the investment grade quality of our products to large institutional investors throughout Central Europe," said Harald Jeschek, Managing Partner, Karimpol Group. For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com
INVESTORS CPI PROPERTY GROUP CPI PROPERTY GROUP MEDIA/PR
30.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
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: | [email protected] |
Internet: | www.cpipg.com |
ISIN: | LU0251710041 |
WKN: | A0JL4D |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart |
EQS News ID: | 964489 |
End of News | DGAP News Service |
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964489 30.01.2020