Strategic Flexibility in a Shifting Real Estate Market – A Budapest Business Journal Interview with Mátyás Gereben

CPI Property Group has been one of the most active players in the Central European real estate market in recent years. After completing the acquisitions of Immofinanz AG and S Immo AG, the group signaled further strategic momentum this summer by divesting the Budapest Marriott Hotel. In an interview with the Budapest Business Journal, CPI Hungary Country Manager Mátyás Gereben discusses the rationale behind these moves and the company’s outlook in a changing market environment.

The rapidly changing economic environment is forcing real estate market players to continuously adapt. According to CPI’s approach, long-term, rigid plans are no longer sufficient; flexibility has become the key to success, both in terms of market presence and portfolio management.

Dynamic portfolio management

CPI does not view its property portfolio as a static investment, but rather as an asset that can—and must—be continuously adjusted to market demand. This includes the repositioning, change of use, or modernization of individual properties, depending on where sustainable demand and long-term value creation can be identified.

Regular portfolio reviews enable CPI to respond quickly to market cycles and, in some cases, not only follow but actively shape emerging trends.

Partnership with tenants

Close cooperation with tenants is a cornerstone of CPI’s flexible strategy. The company’s objective is not merely to operate as a landlord, but to act as a partner supporting tenants’ operations and growth. To this end, CPI places strong emphasis on understanding individual tenant needs and tailoring properties accordingly.

This approach is particularly important at a time when corporate working practices and space requirements are changing rapidly, and flexible, customizable solutions are becoming increasingly valuable.

Preparing for future challenges

CPI’s strategy is built on maintaining stable operations and continued growth despite market uncertainty. According to the company’s leadership, flexibility is not a forced compromise but a conscious strategic choice that can deliver long-term competitive advantage.

CPI Property Group’s operations in Hungary clearly demonstrate that in today’s real estate market, success belongs to those players who remain open to change and actively manage their portfolios in line with market realities. Flexible thinking not only helps mitigate risk but also creates new opportunities for growth.

The full conversation is available at the following link: Taking a Flexible Approach to Market and Portfolio - Budapest Business Journal