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CPI Europe – Disposals in Vienna and Prague

CPI Europe – Disposals in Vienna and Prague
EQS-News: IMMOFINANZ AG / Key word(s): Real Estate/Disposal
   CPI Europe – Disposals in Vienna and Prague

   10.03.2025 / 16:50 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   CPI Europe AG
   Wienerbergstrasse 9
   1100 Vienna, Austria

   FN 114425y HG Wien
   UID: ATU 37681807
   DVR 0607274

    

   Press Release – Corporate News

   Vienna, 10 March 2025

    

   CPI Europe – Disposals in Vienna and Prague 

    

   CPI Europe successfully completed sales of properties in Vienna and Prague
   as part of a strategic portfolio optimisation.

    

   Two office properties were sold in Vienna, along with the Ramada hotel and
   the myhive Pankrac House office complex in Prague. The combined
   transaction value was approximately EUR 115 million, close to the most
   recent valuation of the properties. Net proceeds were approximately EUR 48
   million.

    

   CPI Europe will continue to pursue targeted sales of non-core assets in
   the future.

    

   For further information, please contact:

   Investor Relations and Corporate Communications

   Simone Korbelius
   Investor Relations and Corporate Communications
   T +43 (0)1 88 090 2291
   M +43 (0)699 1685 7291
   communications@cpi-europe.com
   Investor.Relations@cpi-europe.com

    

   For more on CPI Europe, visit our website: (1)cpi-europe.com

   Follow us on (2)LinkedIn

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   10.03.2025 CET/CEST This Corporate News was distributed by EQS Group.
   www.eqs.com

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   Language:    English
   Company:     IMMOFINANZ AG
                Wienerbergstraße 9
                1100 Vienna
                Austria
   Phone:       +43 (0) 1 88090 - 2291
   Fax:         +43 1 88090 - 8291
   E-mail:      investor@immofinanz.com
   Internet:    http://www.immofinanz.com
   ISIN:        AT0000A21KS2
   WKN:         A2JN9W
   Listed:      Regulated Unofficial Market in Berlin, Frankfurt, Munich,
                Stuttgart, Tradegate Exchange; Warschau, Vienna Stock
                Exchange (Official Market)
   EQS News ID: 2097556


    
   End of News EQS News Service


   2097556  10.03.2025 CET/CEST

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