CPI FIM SA CPI FIM SA
(société anonyme)
40, rue de la Vallée L-2661 Luxembourg
R.C.S. Luxembourg: B 44 996
Press Release - Corporate News
Luxembourg, 21 April 2023
CPI FIM SA - Sale of Czech Property to S IMMO
CPI FIM SA ("CPI FIM" or the "Company") and S IMMO AG ("S IMMO") today signed and completed an agreement regarding the sale and purchase of Mayhouse, an office building in Prague.
The Mayhouse property, built in 2019, is located close to the Pankrac office district, with a gross lettable area of around 8,000 m² and a rental income of EUR 1.2 million per year. The modern building is easily accessible through public transport.
The transaction is part of a portfolio sale including two other office buildings in Prague and Brno, and a hotel property in Prague, from CPI PROPERTY GROUP ("CPIPG"). The transaction qualifies as a related party transaction, as CPIPG owns 97.3% of CPI FIM and 88.4% of S IMMO shares.
For more on CPI FIM SA, visit our website: www.cpifimsa.com.
Investor contact:
David Greenbaum Chief Financial Officer d.greenbaum@cpipg.com
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CPI FIM SA published this content on 21 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2023 14:29:03 UTC.
