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News

31.01.2020

CPI SHOPPING IN WARSAW

CPI Property Group continues its expansion on the Warsaw market and acquires the Green Corner A office building from DWS.

Green Corner A is a modern, energy-efficient, seven-storey, A + class office building with a total leasable area of nearly 14,900 sqm. It is located at the intersection of Chłodnia and Wronia Streets, near Rondo Daszyńskiego metro station. Green Corner A was commissioned in 2012. It has been designed and managed in accordance with the principles of sustainable development. The building is Leed Platinum certified and is almost fully leased.

- Green Corner A fits perfectly into our growing portfolio of attractive office projects, meets our advanced requirements for sustainable development, is perfectly located and enjoys recognition of tenants, which is best demonstrated by the high level of renting of this office building - says Barbara Topolska, Country Manager CPI Property Group in Poland.

Green Corner is the fourth acquisition of CPI Property Group after the announcement in October 2019 of a new investment strategy, which assumes the strong involvement on the Warsaw office market. Until today CPIPG has acquired over 170,000 sqm of modern office space in strategic locations of Warsaw.

CPI Property Group is a company operating in the commercial and hotel real estate sector in Central and Eastern Europe and Germany. Its activity is focused on long-term investments and rental of real estate. It belongs to a small group of companies in the region with investment rating. Moody’s rated the company Baa2 and Standard & Poor’s: BBB.

CPI PG is the largest owner of commercial space in the Czech Republic and office space in Berlin. The headquarters of CPI PG is in Luxembourg and the company's shares are listed on the Frankfurt Stock Exchange. It has assets totaling over 7.9 billion euros.

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