CPI Property Group (“CPIPG” or “the Group”), one of the largest owners of income-generating real estate in the Czech Republic, Berlin and the CEE region, announced the acquisition of a 50.3 percent stake in the Chałubinskiego 8 office building in central Warsaw.
“The group believes Chałubinskiego 8 is a superb long-term acquisition, with steady rental
income and the potential for adjacent developments,” said Tomas Salajka, head of acquisitions and asset management for CPIPG. “With a relatively small initial investment, we can enhance our market-leading portfolio in Warsaw while creating opportunities for the future.”
Chałubinskiego 8 is one of the most recognisable and distinctive high-rise office properties in Warsaw and comprises 46,000 sqm of GLA across 47 floors.