EQS-News: Completion of sale of Czech Residential Portfolio to CPI Europe

CPI Property Group

(société anonyme)

40, rue de la Vallée

L-2661 Luxembourg

R.C.S. Luxembourg: B 102 254

 

Press Release – Corporate News

 

Luxembourg, 21 November 2025

 

Completion of sale of Czech Residential Portfolio to CPI Europe

Today, CPI Property Group (“CPIPG”) has completed the sale of our residential property portfolio in the Czech Republic, which was announced in August 2025, to our subsidiary CPI Europe (“CPIE”).

Independent appraisers valued the portfolio at €892 million as of 30 June 2025. Including the repayment of liabilities, adjustments for long-term capital gains tax and other factors, the total consideration paid by CPIE will be approximately €605 million. About half of the consideration will be paid immediately by CPIE in cash, with the remainder financed through a multi-year vendor loan from CPIPG, which is the parent and related party of CPIE.

Given that CPIPG consolidates CPIE, the sale is not included in our external disposal volumes.

 

For further information, please contact:

 

Investor Relations

 

Moritz Mayer

Manager, Capital Markets m.mayer@cpipg.com

 

For more on CPI Property Group, visit our website: www.cpipg.com

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Disclaimer: This communication contains certain forward-looking statements with respect to the financial condition, results of operations and business of CPIPG. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “plans”, “projects”, “anticipates”, “expects”, “intends”, “targets”, “may”, “aims”, “likely”, “would”, “could”, “can have”, “will” or “should” or, in each case, their negative or other variations or comparable terminology. Forward-looking statements may and often do differ materially from actual results. CPIPG’s business is subject to a number of risks and uncertainties that could also cause a forward-looking statement, estimate or prediction to differ materially from those expressed or implied by the forward-looking statements contained in this communication. The information, opinions and forward-looking statements contained in this communication speak only as at its date and are subject to change without notice. As a result, undue influence should not be placed on any forward-looking statement.

Contact: Martin Matula, General Counsel, +352 26 47 67 67 m.matula@cpipg.com