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CPI PROPERTY GROUP: CPI Sold Na Prikope (former Zivnobanka) Building to CEFC
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0 KommentareDGAP-News: CPI PROPERTY GROUP / Key word(s): Disposal
CPI PROPERTY GROUP: CPI Sold Na Prikope (former Zivnobanka) Building
to CEFC
05.11.2015 / 18:19
---------------------------------------------------------------------
Further to its press release of 2 September 2015 CPI PROPERTY GROUP ("CPI
PG") announces a disposal of the former Zivnobanka building located at Na
Prikope street in the centre of Prague to CEFC China Energy Company Limited
("CEFC").
The transaction was completed on 4 November 2015 and comprises of the
transfer of shares in the Zivnobanka building project entity. Following
the repayment of the project credit facility to the financing bank the net
proceeds for the CPI PG group amount to EUR 27 million. CEFC has selected
the former Zivnobanka building for the purpose of the firm's European
headquarters. For further details please refer to the press release of 2
September 2015.
About Zivnobanka building
The building was designed by architect Osvald Polívka for the former Land
Bank (Zemska banka) and was erected in 1896. Designed in opulent
Neo-Renaissance style, the palace went on to headquarter other prestigious
banking institutions Zivnostenska Banka and the UniCredit Bank. Recognized
for its exceptional architecture, exquisite interiors and historic
significance, the late 19th century palace is a Protected National Cultural
Monument.
About CEFC
CEFC China Energy Company Limited is a leading private company in Shanghai
and 6th biggest in China. The company operates primarily in finance,
energetics and industry. Its presence is for example in the USA, Great
Britain, Canada, Mexico, Russia, UAE, Indonesia, Singapore, South Korea or
Japan. CEFC was included in top 500 companies in the world and repeatedly
ranked among the 10 most influential companies in China. From 2013, the
Company distributed in the charity and cultural activities over CZK 2
billion and during last 4 years has been recognized as one of the top 10
largest charitable donors in China. CEFC has decided to expand into Europe
and selected the Czech Republic as the headquarters of its European
activities.
About CPIPG
CPI PROPERTY GROUP is a leading real estate company concentrating on
long-term investments and the lease of real estate predominantly in Central
Europe and Germany. In 2014 a new majority shareholder Mr. Radovan Vitek
has brought to CPI Property Group not only a valuable real estate
portfolio, but also more than 20 years of successful investment experience
in CEE markets. The Group has its registered seat in Luxembourg and is
listed on the Regulated Market of the Frankfurt Stock Exchange. CPI
Property Group now manages a well-balanced and diversified portfolio with
the value over EUR 4.4 billion, which includes a wide range of properties
located in Germany, the Czech Republic, Slovakia, Hungary, Poland and
Romania. Office and retail yielding properties form a core portfolio with
residential, hotel and logistic properties bringing advantages from either
low risk profile or higher yields. The Group operates also in development
of new projects, investments in a portfolio of land and agricultural
business.
For further information please contact:
Kirchhoff Consult AG
Sebastian Bucher
Herrengraben 1
20459 Hamburg
T +49 40 60 91 86 18
F +49 40 60 91 86 60
E sebastian.bucher@kirchhoff.de
---------------------------------------------------------------------
05.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: CPI PROPERTY GROUP
40, rue de la Vallée
L-2661 Luxembourg
Grand Duchy of Luxembourg
Phone: +352 264 767 1
Fax: +352 264 767 67
E-mail: contact@cpipg.com
Internet: www.cpipg.com
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Dusseldorf, Stuttgart
End of News DGAP News Service
---------------------------------------------------------------------
409675 05.11.2015
PG") announces a disposal of the former Zivnobanka building located at Na
Prikope street in the centre of Prague to CEFC China Energy Company Limited
("CEFC").
The transaction was completed on 4 November 2015 and comprises of the
transfer of shares in the Zivnobanka building project entity. Following
the repayment of the project credit facility to the financing bank the net
proceeds for the CPI PG group amount to EUR 27 million. CEFC has selected
the former Zivnobanka building for the purpose of the firm's European
headquarters. For further details please refer to the press release of 2
September 2015.
About Zivnobanka building
The building was designed by architect Osvald Polívka for the former Land
Bank (Zemska banka) and was erected in 1896. Designed in opulent
Neo-Renaissance style, the palace went on to headquarter other prestigious
banking institutions Zivnostenska Banka and the UniCredit Bank. Recognized
for its exceptional architecture, exquisite interiors and historic
significance, the late 19th century palace is a Protected National Cultural
Monument.
About CEFC
CEFC China Energy Company Limited is a leading private company in Shanghai
and 6th biggest in China. The company operates primarily in finance,
energetics and industry. Its presence is for example in the USA, Great
Britain, Canada, Mexico, Russia, UAE, Indonesia, Singapore, South Korea or
Japan. CEFC was included in top 500 companies in the world and repeatedly
ranked among the 10 most influential companies in China. From 2013, the
Company distributed in the charity and cultural activities over CZK 2
billion and during last 4 years has been recognized as one of the top 10
largest charitable donors in China. CEFC has decided to expand into Europe
and selected the Czech Republic as the headquarters of its European
activities.
About CPIPG
CPI PROPERTY GROUP is a leading real estate company concentrating on
long-term investments and the lease of real estate predominantly in Central
Europe and Germany. In 2014 a new majority shareholder Mr. Radovan Vitek
has brought to CPI Property Group not only a valuable real estate
portfolio, but also more than 20 years of successful investment experience
in CEE markets. The Group has its registered seat in Luxembourg and is
listed on the Regulated Market of the Frankfurt Stock Exchange. CPI
Property Group now manages a well-balanced and diversified portfolio with
the value over EUR 4.4 billion, which includes a wide range of properties
located in Germany, the Czech Republic, Slovakia, Hungary, Poland and
Romania. Office and retail yielding properties form a core portfolio with
residential, hotel and logistic properties bringing advantages from either
low risk profile or higher yields. The Group operates also in development
of new projects, investments in a portfolio of land and agricultural
business.
For further information please contact:
Kirchhoff Consult AG
Sebastian Bucher
Herrengraben 1
20459 Hamburg
T +49 40 60 91 86 18
F +49 40 60 91 86 60
E sebastian.bucher@kirchhoff.de
---------------------------------------------------------------------
05.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: CPI PROPERTY GROUP
40, rue de la Vallée
L-2661 Luxembourg
Grand Duchy of Luxembourg
Phone: +352 264 767 1
Fax: +352 264 767 67
E-mail: contact@cpipg.com
Internet: www.cpipg.com
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Dusseldorf, Stuttgart
End of News DGAP News Service
---------------------------------------------------------------------
409675 05.11.2015
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