CPI PROPERTY GROUP – Acquisition of Futurum Hradec Kralove Shopping Centre

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 northeastern 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.”