DGAP-News

CPI PROPERTY GROUP - steady growth, improved operations, successful acquisitions and refinancing. - Seite 3

Republic. The facility in the amount of EUR 34.5 million was provided by
Ceskoslovenska obchodni banka. Spojene farmy is one of the largest owners
of farmland and producers of high-quality organic food in the Czech
Republic. Spojene farmy operates almost 20,000 hectares of land and has
additional investments in the Czech Republic, Germany, Poland and Slovakia.

Refinancing for Hospitality Invest:

* In July 2015 the Group obtained a 5-year refinancing for its boutique
hotels portfolio located in the Czech Republic, Slovakia, Poland, Hungary
and Russia, held under the Hospitality Invest S.a.r.l. subholding. The
Group now achieved the long-term EUR 58 million refinancing with Erste
bank. The hotels portfolio is mostly operated under the brand Mamaison
Hotels and Residences and represents a unique collection of
well-established luxury boutique hotels and all-suite residences, mostly
located in prime central locations of the CEE capitals (Prague, Warsaw,
Budapest, Bratislava and Moscow).

Refinancing and new financing for the shopping centres in the Czech
Republic:

* The Group obtained three investment loans and two development loans in an
aggregate amount of EUR 117.7 million. The funds will be used to refinance
and increase the existing investment loans of three shopping centres that
are located in the Czech Republic and also to finance construction of a new
shopping centre in the Czech Republic.

EUR 30 million bonds issue on the Slovak market:

* The Group issued new bonds through its subsidiary CPI Finance Slovakia,
a.s. The bonds with a nominal amount of EUR 1,000 each and an aggregate
amount of EUR 30 million were issued on 16 April 2015. The bonds, due in
2018, carry a fixed rate coupon of 5.85% p.a. The bonds are governed by
Slovak law. The prospectus was approved by the National Bank of Slovakia.

EUR 170 million bonds issue on the Luxembourg market:

* On 20 August 2015 the Company issued new notes in total value of EUR 170
million. The notes with EUR 100,000 nominal value are due in 2025 and carry
a fixed coupon of 5%. The notes are governed by Luxembourg law. The notes
have been admitted to the official list of the Luxembourg Stock Exchange
and to trading on the Euro MTF market of the Luxembourg Stock Exchange.

EUR 50 million bonds issue on the Czech Market:

* On 24 August 2015 the Group issued new bonds in total value of app. EUR
50 million. The bonds with CZK 10,000 nominal value are due on 24 August
2019 and carry a fixed coupon of 4.75%. The fixed coupon is payable on
quarterly basis. The bonds are governed by Czech law. The bonds CPI 4.75/19
have been admitted to trading on the Prague Stock Exchange.