CPI PROPERTY GROUP
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254
PRESS RELEASE
Luxembourg, 30 January 2020

CPI PROPERTY GROUP - Acquisition of Equator II office 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 Equator II office building in Warsaw, Poland.

Completed in 2011, Equator II is a modern A class office building spanning 23,100 square metres over 14 floors with occupancy of nearly 100%. Together with Eurocentrum and Equator IV which were acquired by CPIPG in the fourth quarter of 2019, the addition of Equator II creates a superb platform for CPIPG on Aleje Jerozolimskie in central Warsaw. CPIPG acquired Equator II from Karimpol Polska, one of the leading developers in the region.

"CPIPG is delivering on our acquisition pipeline," said Barbara Topolska, country manager for CPIPG in Poland. "Our office platform is now clearly among the best and largest in Warsaw."

"The sale of Equator II marks the completion of investment cycle of Karimpol's successful Equator office complex on Aleje Jerozolimskie which was one of the foundation stones of the Jerozolimskie Business Corridor. The second transaction with CPIPG in Warsaw proves the investment grade quality of our products to large institutional investors throughout Central Europe," said Harald Jeschek, Managing Partner, Karimpol Group.

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INVESTORS

CPI PROPERTY GROUP
David Greenbaum
Chief Financial Officer

CPI PROPERTY GROUP
Joe Weaver
Director of Capital Markets

MEDIA/PR
Kirchhoff Consult AG
Andreas Friedemann
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