DGAP-News: CPI PROPERTY GROUP

CPI PROPERTY GROUP
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254

PRESS RELEASE
Luxembourg, 6 April 2018

CPI PROPERTY GROUP - Acquisition of Futurum Hradec Kralove Shopping Centre

CPI PROPERTY GROUP announces the acquisition of Futurum Hradec Kralove Shopping Centre from Meyer Bergman, a privately held real estate investment management firm. Futurum Shopping Centre, located in Hradec Kralove, Czechia, was opened in 2000 and was substantially extended and modernised in 2012. The centre, with a total floor area of 39,000 square meters and 1,350 parking spaces, consists of 110 stores including an anchor Tesco hypermarket and a multiplex cinema. Futurum Shopping Centre is the dominant shopping centre in the Hradec Kralove administrative region.

"Futurum Hradec Kralove Shopping Centre is our first prime shopping centre in the north-eastern part of Czechia and strengthens our presence in this region," commented Tomáš Salajka, Director of Acquisitions, Asset Management & Sales, CPI PROPERTY GROUP. "The centre fits perfectly into our long-term strategic plan to continue growing our regionally dominant position in the retail segment."
For further information please contact:

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