Prague-based CPI Property Group ended 2024 with €20.6 billion in total assets (€18.2 billion in property), while reducing LTV below 50% for the first time since 2022. That was made possible by €1.6 billion in disposals during 2024, part of a three-year €3.4 billion disposal strategy. CPI returned to the unsecured bond market twice and repaid its acquisition bridge financing while securing a new €1.5 billion revolving credit facility.
Speaking online during an investor’s call CEO David Greenbaum said the company had maintained 92.1% occupancy across its portfolio, with strong performance . . .
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