DGAP-News: CPI PROPERTY GROUP - Acquisition of 7 St James's Square in London

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

PRESS RELEASE
Luxembourg, 7 June 2019

CPI PROPERTY GROUP - Acquisition of 7 St James's Square in London

CPI PROPERTY GROUP, the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, announces the acquisition of 7 St James's Square in London.

"The St James's area boasts some of the highest office rents in London," said Martin Nemecek, CEO of CPIPG. "We purchased this property for an attractive price, and expect 7 St. James's Square to deliver excellent long-term value and steady rental income."

The building was purchased in a shell condition; upon completion, 7 St James's Square will offer up to 33,000 square feet of GLA.

For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com

For further information please contact:

INVESTORS

CPI PROPERTY GROUP
David Greenbaum
Chief Financial Officer
d.greenbaum@cpipg.com

MEDIA/PR

Kirchhoff Consult AG
Andreas Friedemann
Borselstraße 20
22765 Hamburg
T +49 40 60 91 86 50
F +49 40 60 91 86 60
E andreas.friedemann@kirchhoff.de