3Things: CPI revaluations, LaRue to FH+, and 4-day weeks

Published: 04. 04. 2023

CPI Property Group’s property portfolio reached €20.9 billion (versus €13.1 billion at year-end 2021) as the Group consolidated IMMOFINANZ (€5.3 billion) and S IMMO (€3.4 billion). It also made nearly €900 million in disposals during 2022, with a further €400m signed off on during Q1 2023. At the moment, 48% of CPIG’s portfolio is made up of office space, with retail coming in second at 23%. In its annual management report for 2022, the company reports valuation losses of €126 million stemming primarily from a 2.9% drop in values in . . .

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