DGAP-News

CPI PROPERTY GROUP - steady growth, improved operations, successful acquisitions and refinancing. - Seite 2

of approximately 16,600 square meters. The unit sizes vary from 50 to 1,400
square meters and offer production, storage and office space for rent.

 Acquisition of the shopping centre in the Czech Republic

* On 17 June 2015 the Group acquired Futurum Shopping Centre in Kolin,
Czech Republic. The shopping centre, with a leasable area of 10,100 sqm
comprises of supermarket, shopping gallery with 50 shops, restaurants and
other amenities, as well as underground parking for 320 cars. The aggregate
acquisition price in a share transaction amounts to EUR 23 million, with
bank financing provided by Ceskoslovenska obchodni banka at the level of
EUR 17.25 million.

Opening new premises:

* In April 2015 the Group opened the third phase of the successful office
project Meteor Centre Office Park in Prague's Karlín district. The Meteor
Centre Office Park C, located directly at Krizikova metro station,
comprises approximately 5,000 sqm of offices, shops and other amenities,
parking on two underground floors and rental apartments. With exceptional
quality of construction and services it fulfils the current demands for
work environment and lifestyle.


Capital markets' financing

Additional financing obtained on Berlin portfolio:

* During April 2015 GSG Berlin), a leading provider of office and
commercial space in Berlin, and the bank club composed of DG Hyp, HSH
Nordbank, Düsseldorfer Hypothekenbank and Investitionsbank Berlin agreed to
boost the existing loan by EUR 55 million now amounting to a total of EUR
305 million. This loan increase is a consequence of excellent operating
performance and increase in rental income within the GSG Berlin portfolio.
Financing secured for Quadrio:

* The Group has obtained financing for its major project in the Czech
Republic, QUADRIO centre. Following the successful completion of QUADRIO
project, the Group agreed with the current club of financing banks, Helaba
and UniCredit, on a major increase of the financing from EUR 73 million up
to EUR 135 million. QUADRIO is a modern shopping centre located in the
heart of Prague 1, directly above the metro station Narodni trida. QUADRIO
is a unique mixed-use project comprised of 16,400 sqm of modern A-class
office space, 8,500 sqm of retail premises, 13 exclusive apartments and an
underground car parking for 250 cars. Recently QUADRIO became head office
for the CEE operation of the Group.

Financing secured for Spojene farmy:

* The Group obtained a credit facility to refinance the acquisition of the
unique farmland and farm business held in Spojene farmy, the Czech