News

14 Stop Shop Parks Added to CPI Hungary’s Retail Portfolio

CPI Hungary now has a retail portfolio of 275,000 square meters, with 65 million visitors annually. Besides shopping centers like Pólus, Campona, and Europeum, retail parks are now an increasingly prominent part of the portfolio with 14 Stop Shop parks ad...

October 17, 2023

The green lease hits the real estate market: those who miss out are left behind

Today, there is no question that sustainability actions, beyond positive environmental impacts and moral principles, bring economic benefits to market participants. CPI Hungary is the first in the office market to introduce a new collaboration opportunity...

July 7, 2023

‘IDEAL’ MERGER SEEKS TO BETTER SUPPORT TENANTS

CPI Hungary says it has increased its competitive advantage in the Hungarian real estate management market through an acquisition. The company offers its tenants unique, flexible office solutions and wellbeing services compared to its competitors, insist...

May 15, 2023

CPI introduced a measurable green lease concept to its tenants

Tailor-made leases are essential in both the office and retail segments in Hungary too. Property Forum asked Mátyás Gereben, Country Manager of CPI Hungary about the relevant plans of the leading landlord and developer. 

April 25, 2023

It is already self-evident for us that we work with Access4you on our buildings

Sustainability has always been a priority for CPI Hungary. Three years ago, the company was the first in the Hungarian real estate market to have certified and qualified its portfolio, then most of the company’s office buildings, as well as the Campona an...

April 5, 2023

The Pólus Center has achieved significant results in energy consumption!

Despite economic challenges, the mall has maintained its stability, increased its traffic and visitor numbers, and through infrastructure development, reduced its energy consumption.

March 21, 2023

CPI Hungary received the accolade of Asset Management Company of the Year 2022 at the Real Estate Awards Gala, Hungary

The company has been awarded for the 4th time now, for the dynamic growth of its high-quality portfolio and value, tenant-centered approach and innovative and sustainable solutions of development and building operations.

March 6, 2023

CPI: Developer Has a Duty and a Responsibility to the Human Workforce

The Budapest Business Journal spoke with Bea Déri, director of PR, marketing & design of CPI Hungary, about putting the human occupants of office buildings first, the drive for sustainable solutions and services, adding value to older buildings, and findi...

November 7, 2022

Pólus Center has been a stable point among industry players for 25 years

Thanks to a diverse tenant mix and a wide range of services, Pólus Center has an extremely loyal visitor base: the number of people visiting the shopping centre each year is almost equal to the total population of the country, and the growth in tenant rev...

October 17, 2022

Multiple Challenges Changing the way Real Estate Market Operates

For anyone who wasn’t also working during the energy crisis of the 1970s, this must be the most challenging time to do business, regardless of the sector. That is certainly the case for real estate, and is prompting a different approach, says Mátyás Gereb...

October 12, 2022

CPI Property Group to provide asset management services to Immofinanz

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 n...

August 1, 2022

CPI Hungary's integrated management services increase retail tenant satisfaction

CPI Hungary has brought all the property management activities of its domestic retail portfolio in-house, since besides property management and renting, the legal services are performed by the employees of the company. This enables CPI Hungary to offer it...

May 3, 2022

New collaboration between CPI Hungary and energo hungary

Budapest, 26 March 2022 Earth Hour, initiated by WWF, was joined by significant Budapest real estate portfolio owner CPI Hungary, known for its innovative solutions, and new user-focused energy market provider energo hungary. 

March 26, 2022

CPI PROPERTY GROUP (“CPIPG”) – Acquisition of additional at least 17,543,937 shares of IMMOFINANZ AG (“IMMOFINANZ”) from S IMMO AG for a total participation of 48.18%

Today, CPIPG and CEE Immobilien GmbH, a wholly owned subsidiary of S IMMO AG, signed an agreement concerning the acquisition by CPIPG of 17,543,937 IMMOFINANZ shares, corresponding to a participation of approx. 12.69% of the total nominal share capital of...

February 1, 2022

CPI PROPERTY GROUP – Groundbreaking Sustainability-Linked Bond Issue

CPI PROPERTY GROUP (“CPIPG” or the “Company”), the leading owner of income-generating real estate in Central Europe, has become the first real estate company from our region to issue sustainability-linked bonds.

January 17, 2022

Go Green Day - Green community with CPI Hungary and tenants

CPI organised tenant days, called Go Green Day, to continue building community in office buildings by meeting in person after the pandemic and to encourage tenants to work in partnership with the company to make a greater effort to operate sustainably. In...

October 26, 2021

CPI Hungary switches to green energy. Tenants can reduce their carbon footprint

From 2022, CPI Hungary will supply the electricity needed to run its property portfolio exclusively from renewable sources, taking a major step towards sustainable building operation and enabling tenants to significantly reduce their ecological footprint.

September 13, 2021

First Domestic Smart Grid Facility Test Successful

Three market actors have joined to test the principle of demand-side regulation in a “pilot” project. Their collaboration pioneers the opportunity to periodically reduce power consumption through digital regulation by leveraging flexible reserves inherent...

June 8, 2021

Full house in Balance Hall, 4000 m2 new lease in CPI Hungary’s office building

CPI Hungary continues its first quarterly performance despite the pandemic-ravaged office market. Last month, two new tenants signed at the Váci Road office building, running out of space on the office floors of the project, which was completed a year and...

May 20, 2021

Campona the family experience centre, will be refurbished

By the end of 2021, the entire interior will be renovated in the South Buda shopping centre, which will continue to be one of the most attractive destinations to those who are looking for family shopping and recreation.  

April 30, 2021

Evergreen locations in the Budapest office market

In addition to the well-known business centres in Budapest, new office blocks are being created, which are the real gold reserves of the capital's real estate market, although not yet organised into sub-markets. One of these is the Hungária Boulevard, whe...

April 28, 2021

CPI PROPERTY GROUP – Financial Results for 2020

CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), the leading owner of income-generating real estate in the Czech Republic, Berlin, Warsaw and the CEE region, hereby publishes audited financial results...

April 28, 2021

BUILDING LONG-TERM RELATIONSHIPS THE KEY

The essential element for navigating a path through COVID and beyond for landlords and asset managers lies with the client relationship, says Mátyás Gereben, the country manager for CPI Hungary.

April 21, 2021

TRENKWALDER moves into Balance Building

The international personnel service group has chosen CPI Hungary’s office complex in Váci út as the new location of their Budapest headquarters.

April 19, 2021

CPI PROPERTY GROUP – Environmental Strategy and Renewable Energy Commitment

CPI PROPERTY GROUP (“CPIPG” or the “Group”) is pleased to inform our stakeholders about changes to the Group’senvironmental strategy and targets.

March 30, 2021

MádiLáncos Studio won the interior design tender of Arena Corner

The first major reconstruction project of Arena Corner, which is the iconic real estate complex of the Hungarian office market, was completed in 2018 to ensure its competitiveness by reflecting the latest workplace trends. In the office complex, owned by...

March 9, 2021

AKZO NOBEL to move Budapest HQ to Gateway Office Park

Dutch-owned company group AKZO NOBEL will move its Budapest headquarters to CPI Hungary's Gateway Office Park, according to a press release sent to the Budapest Business Journal.  

February 8, 2021

CPI PROPERTY GROUP – New Hybrid Issue and Tender Offer Results

CPI PROPERTY GROUP (“CPIPG” or the “Group”), the leading owner of income-generating real estate in the Czech Republic, Berlin, Warsaw and the CEE region, is pleased to report ongoing successful steps to strengthen CPIPG’s capital structure.

September 17, 2020

CPI PROPERTY GROUP – New York Litigation Dismissed

CPI PROPERTY GROUP (hereinafter “CPIPG” or together with its subsidiaries the “Group”) is pleased to update our stakeholders regarding the lawsuit filed in April 2019 in the United States District Court for the Southern District of New York (the “SDNY Cou...

September 7, 2020

Balance Hall now opened formally. Office park completely renewed

2 September marked CPI Hungary’s now formal delivery of its 16,000 square metre Balance Hall office building—BREEAM rated ‘very good’—in the Váci út office corridor, a new facility already completed back in early December 2019.

September 2, 2020

CPI Hungary remains in full swing, with two new lease transactions being signed recently

In the autumn, the two Hungarian subsidiaries of the Sonova Group, the globally market-leading Swiss hearing aid manufacturer and distributor, will be able to take over their new offices.

August 13, 2020

2020 CPI PROPERTY GROUP – Successful Green Bond Offering in Hungary

CPI PROPERTY GROUP (“CPIPG” or together with its subsidiaries the “Group”) is pleased to announce the issuance of Hungary’s first corporate green bond.

August 10, 2020

CPI PROPERTY GROUP – Green Bond Offering in Hungary

CPI PROPERTY GROUP (hereinafter “CPIPG”, or together with its subsidiaries the “Group”) announces the Group’s intention to issue green bonds in Hungary.

August 3, 2020

CPI Property Group - Chałubinskiego 8 Office Acquisition in Warsaw

CPI Property Group (“CPIPG” or “the Group”), the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the acquisition of a 50.3% stake in the Chałubinskiego 8 office building in central Warsaw.

May 21, 2020

CPI PROPERTY GROUP - Longer Debt Maturities and Lower Leverage

CPI Property Group (“CPIPG” or the “Group”), the leading owner of real estate in the Czech Republic, Berlin and the CEE region, is pleased to update our stakeholders regarding the Group’s market-leading efforts to flatten debt maturities, reduce gross lev...

May 21, 2020

This is how Campona accommodates to the new consumer needs: Biology lesson livestreamed from Tropicarium!

The coronavirus pandemic generated considerable changes in many areas of life. Education, entertainment and our shopping behaviours all had to adapt. This new era largely affected Campona’s operation as well. However, the mall decided to meet the new cons...

April 30, 2020

A+ level of care in every circumstance

CPI has further developed its Human Innovation Program aimed at tenants

April 14, 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.

March 31, 2020

CPI PROPERTY GROUP – Acquisition of Equator I 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 acquisition of Equator I office in Warsaw.

March 23, 2020

From Women - To Women

It has started with a usual December wardrobe clean-up (ie: a hopeless search for a pair gloves) and ended up with collecting 12 and a half bags full of base hygienic goods for women.

February 7, 2020

CPI PROPERTY GROUP – Purchase of Shares in Globalworth

CPI Property Group (“CPIPG” or “the Group”) announces that the Group has acquired 13,391,959 shares of Globalworth Real Estate Investments Limited (“Globalworth”), or about 6% of shares outstanding. The shares were acquired through a broker on the seconda...

January 27, 2020

The retail parks of CPI Hungary get new name and new image

The retail park portfolio of one of the leading companies in the Hungarian real estate market gets new name and new image.

January 21, 2020

From Starlight to Mamaison

In the very heart of the Budapest turistical hub, just a few steps off the river Danube and the Széchenyi Chain Bridge- the most well-known symbol of the city - the new Mamaison Hotel will open its gates expectedly in mid-summer 2020.

December 3, 2019

CPI Hungary’s next office development project “New Age” receives prestigious accolade

For the tenth time, the Portfolio Property Awards were awarded at the Property Investment Forum organized by Portfolio. Voted by real estate professionals attending the conference, the “Concept of the Year” award went to CPI Hungary for its latest office...

November 27, 2019

We are a company where working is lovely!

So proud to announce that this year CPI Hungary awarded as one of the TOP 100 SME’s in the competition of The Best Workplaces Award 2019 where 500 companies has been nominated.

November 11, 2019

Hip Office Buildings by CPI - Well-being in Offices, In-house Services

Five years ago, CPI Hungary, realized that creating a human-centered working environment and maximizing well-being at the workplace plays an essential role.

November 5, 2019

CPI PROPERTY GROUP – Groundbreaking Green Bond Financing

CPI PROPERTY GROUP (“CPIPG” or the “Company”), the leading owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the successful issuance of €750 million of Reg S senior unsecured green bonds due 23 April 2027 w...

October 31, 2019

Full house in Gateway Office Park

The home base of Randstad Sourceright EMEA Recruitment Center is moving into a CPI-owned office park, with the international firm taking over its new office on the 1st floor of Tower 1 in December 2019

October 16, 2019

CPI Hungary received Access4you certification

On 3 October 2019, CPI Hungary was first in the Hungarian real property market to receive the certification which entitles to use Access4You trademark for one year. A major part of the company’s portfolio, as well as Campona and Pólus Shopping Centres are...

October 4, 2019

Kingstown claim against CPI Property Group dismissed in Luxembourg

CPI Property Group (the “Company” or “CPIPG”) announces that a judgment was received from the Luxembourg district court on 21 June 2019 which declared that a claim originally filed by Kingstown in 2015 was null and void against CPIPG.

July 9, 2019

CPI Hungary is committed to making buildings accessible. It is the first to get certified by Access4You

“We were standing in front of our accommodation in Lisbon at midnight, shortly after our plane had landed. We were facing 4 huge steps towering in front of us – even though we had been in correspondence with our host for 2 weeks, confirming every detail o...

June 27, 2019

June 27, 2019

Can you imagine working in an office building that makes the life easier for tenants and on top of that it also responds to environmental changes?

The question is whether we, as property developers, respond to tenant requirements, or we create new requirements by developing new offices and exploiting the possibilities that new technologies offer.

June 11, 2019

CPI PROPERTY GROUP – statement in relation to the alleged action filed by Kingstown and other parties

CPI PROPERTY GROUP ("CPIPG") issues the following statement in relation to a lawsuit filed today by, inter alia, Kingstown companies and Investhold against, inter alia, CPI Property Group and Mr. Radovan Vitek in the United States.

April 12, 2019

CPI PROPERTY GROUP reports record financial results for the 2018 financial year

CPI PROPERTY GROUP (hereinafter “CPIPG” the “Company” or together with its subsidiaries the “Group”), the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, hereby publishes its results for the financial year...

April 11, 2019

CPI PROPERTY GROUP reports record financial results for the 2018 financial year

CPI PROPERTY GROUP (hereinafter “CPIPG” the “Company” or together with its subsidiaries the “Group”), the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, hereby publishes its results for the financial year...

April 1, 2019

CPI PROPERTY GROUP – EUR 1 billion of liquidity available following debt issuance and revolving credit facility refinancing

CPI PROPERTY GROUP (“CPIPG”) announces the successful completion of transactions which further strengthen CPIPG’s liquidity and capital structure flexibility.

March 25, 2019

CPI PROPERTY GROUP – Inaugural US Dollar Bond Offering

CPI PROPERTY GROUP (“CPIPG” or the “Company”), the leading owner of income generating real estate in the Czech Republic, Berlin and the CEE region, announces the successful issuance of $350 million of Reg S notes due 8 March 2023 (the “Notes”).

March 11, 2019

CPI Hungary received the accolade of Asset Management Company of the Year 2018 on the Real Estate Awards Gala, Hungary

The company has been awarded for the dynamic growth of its high-quality portfolio and value, tenant centered approach and innovative and sustainable solutions of development and building operations.

February 26, 2019

CPI PROPERTY GROUP – Hong Kong Dollar Bond Offering

CPI PROPERTY GROUP (“CPIPG” or the “Company”), the leading owner of income generating real estate in the Czech Republic, Berlin and the CEE region, announces the successful issuance of HKD 450 million (approximately EUR 50 million) of bonds under the Comp...

February 13, 2019

CPI PROPERTY GROUP – Inaugural Japanese Yen Bond Offering

CPI PROPERTY GROUP (“CPIPG” or the “Company”), the leading owner of incomegenerating real estate in the Czech Republic, Berlin and the CEE region, announces the successful issuance of JPY 11 billion (approximately EUR 85 million) of bonds on the TOKYO PRO...

December 11, 2018

Books wanted for Hungary’s first ‘honesty’ library - Helen’s library

An unusual and new kind of place for Hungary will open at Campona shopping center in December. The center is customising a dedicated unit on the 1st floor as an ‘honesty’ library for visitors to use as a peaceful reading area but also a community space. 

November 26, 2018

At MAPIC in Cannes, CPI Property Group unveils plans for shopping mall redevelopments in Budapest as well as in Poland and the Czech Republic

Luxembourg / Cannes, 14 November 2018. CPI Property Group, a leading long-term, property investor, today unveiled its new plans and projects at the international retail real estate event MAPIC held at Cannes’ famous Palais des Festivals. The Group’s annou...

November 14, 2018

CPI PROPERTY GROUP – Rated “A-“ by Japan Credit Rating Agency

CPI Property Group (“CPIPG”) announces that Japan Credit Rating Agency, Ltd. (“JCR”) has assigned a Foreign Currency Long-term Issuer Rating of A- to CPIPG, with a stable outlook

November 5, 2018

CPI PROPERTY GROUP – Refinancing of IGY project

CPI PROPERTY GROUP (“CPIPG”) announces the refinancing of IGY shopping centre located in Ceske Budejovice, Czech Republic. The new secured loan of EUR 60 million was provided by Komercni banka for a term of five years

October 18, 2018

CPI PROPERTY GROUP – Successful EUR 600 million Eurobond Offering

CPI PROPERTY GROUP (“CPIPG”), the leading long-term investor in income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the issue of EUR 600 million 1.45% Regulation S senior unsecured notes (the “Notes”) under CPIPG’s Eu...

October 18, 2018

CPI PROPERTY GROUP – Upgrade of Investment Rating by Moody’s to Baa2

CPI Property Group (“CPIPG”) announces that Moody's Investors Service (Moody's) today upgraded the long-term issuer rating of CPIPG to Baa2 from Baa3, and changed the outlook to stable from positive

October 10, 2018

CPI PROPERTY GROUP listing application on the TOKYO PRO-BOND market

Today, the Tokyo Stock Exchange approved a program listing application from CPI PROPERTY GROUP (“CPIPG”) for listing on the professional-oriented TOKYO PRO-BOND Market

October 1, 2018

Due to record performance CPI Property Group is still the region’s dominant real estate company

CPI Property Group, achieving significant results worldwide in the first half of 2018, has retained its dominant position in the Czech Republic, Berlin and the Central and Eastern European region

September 13, 2018

CPI PROPERTY GROUP – Acquisition of Atrium Centrum & Atrium Plaza office buildings in Warsaw, Poland

CPI PROPERTY GROUP announces the acquisition of Atrium Centrum & Atrium Plaza office buildings in Warsaw, Poland. Atrium Centrum & Atrium Plaza are seven-storey office buildings located in the centre of Warsaw, near the most important transportation and b...

May 30, 2018

Unique sale transaction on retail market in Poland concluded. HopStop retail parks portfolio sold.

Polish developer, Katharsis Development, sold portfolio of five retail parks, recognized under the brand “HopStop”, to CPI Property Group - investor with Czech capital background. Disposal advisory was conducted exclusively by Apleona GVA.

April 23, 2018

CPI PROPERTY GROUP – positive rating developments and investor meetings

CPI PROPERTY GROUP (“CPIPG“ or the “Company”) announces that S&P Global Ratings has assigned a new “BBB” long-term preliminary issuer credit rating to CPIPG. In addition, Moody’s Investor Service has changed the outlook on CPIPG’s Baa3 rating from stable...

April 20, 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.

April 10, 2018

CPI PROPERTY GROUP – Publication of Profit and Credit Estimates

CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), the largest real estate group in the CEE region, hereby publishes an unaudited profit estimate for the financial year ended 31 December 2017. While the...

February 28, 2018

CPI plans major refurbishments in Budapest

Last year, in a landmark deal, CPI Property Group has acquired 11 CEE retail assets from funds managed by CBRE Global Investors. Country Manager Mátyás Gereben talked to us about the company’s future plans for Hungary and revealed what’s in store for the...

February 28, 2018

CPI PROPERTY GROUP receives property investment accolade

CPI PROPERTY GROUP has received the accolade of Investment Deal of the Year, CEE at the Eurobuild Awards.

December 18, 2017

Colonnade Insurance Moves to Balance Loft

Colonnade Insurance, with CBRE's support, will move from its own property to the modern Balance Loft office building on Váci út, which is easy-to-reach for employees and customers, and where the conditions are also given for further expansion. After closi...

October 10, 2017

Business news detail | CPI - Czech Property Investments, a.s.

Prague / Czech Republic, June 7, 2016 -  Looking back at the 2012 London Olympics, a red double-decker ‘push up’ bus was the national team’s symbol at the Czech Olympic headquarters in London. Fast forward four years to the 2016 Rio Olympics, the very sam...

June 9, 2016

A good time for the local office market

"CPI's continuous refurbishment program mainly focuses on sustainability, and a modern, high tech and human−oriented environment.”

May 18, 2016

DOUBLE WIN’ FOR CPI PROPERTY GROUP AT MICROSOFT PROJECT AWARDS 2016

Luxembourg / Czech Republic, May 12, 2016 - The real estate group CPI Property Group has received yet more accolades at the Microsoft Project Awards, 2016. This year, along with its partner KPCS CZ, CPI PG won the ‘Solution for Business Mobility Award and...

May 12, 2016

METEOR C OBTAINS OCCUPANCY APPROVAL, FIRST TENANT WILL BE CHANNEL CROSSINGS | CPIPG

Prague / Czech Republic, 24 February 2015 – Phase C of the Meteor Centre Office Park in Prague's Karlín district has obtained occupancy approval.

March 4, 2015