CPI Property Group

CPI Property Group is the leading long-term owner of income-generating real estate in the Czech Republic, Berlin and the CEE region. The Group’s headquarters are in Luxembourg and its shares are listed on the Frankfurt Stock Exchange. CPI Property Group (“CPIPG” or “the Group”) owns and operates a large, diversified and high-quality real estate portfolio valued at €10.3 billion as of December 31, 2020. The Group´s portfolio is highly diversified, comprising of office properties (52%, primarily Berlin, Prague, Warsaw and Budapest), followed by retail assets (22%, primarily dominant, regional shopping centres and retail parks in the Czech Republic, as well as Poland and Hungary). CPIPG also owns hotels and resorts (7%), residential properties (9%), land bank (8%), development, industrial, agricultural and logistics properties (3%). 66% of CPIPG’s properties are located in the Czech Republic (41%) and Berlin (25%), with the remaining properties spread across strong markets in the CEE region such as Poland and Hungary (30%) and to a lesser extent, Western Europe (4%). The group operates in four key clusters where we have market-leading platforms that benefit from scale, experience and active asset management: Czech Republic – Our history in the Czech Republic dates back to the founding of Czech Property Investments, a.s. in 1991 by the Group's primary shareholder, Radovan Vítek. This is CPIPG's largest market, where our experience and local expertise are unparalleled. We are the #1 office landlord in Prague, the #1 retail landlord and #2 residential landlord in the Czech Republic. Berlin – Through our subsidiary, Gewerbesiedlungs-Gesellschaft mbH (“GSG”), we are the largest owner of commercial property in Berlin with nearly 1 million m2 of office space. Hotels & Resorts – CPIPG owns and operates diverse range of hotels primarily located in Czech Republic and the CEE region. We are no. 1 congress and convention hotels provider in the Czech Republic and the no 1. resorts provider in Hvar, Croatia. Complementary Assets – The complementary assets portfolio primarily consists of the Group's platforms in Hungary and Poland. This segment also includes investments in Slovakia, France, Italy, the UK and Romania. The Group’s strategy is to continue growing its portfolio in the CEE region, with a primary focus on offices in Prague, Berlin, Warsaw and other major cities. CPIPG has investment grade credit ratings from international rating agencies S&P (BBB), Moody’s (Baa2) and Japan Credit Rating Agency (A-), which have enabled the Group to become a frequent and well-established issuer in the international bond markets since 2017 across multiple currencies and instruments.