CPI Property Group (the "Company") announces acquisition of Futurum Shopping Centre in Kolin, Czech Republic. The shopping centre, with a leasable area of 10,100 m² comprises a supermarket, a shopping gallery with 50 shops, restaurants and other amenities, as well as underground parking for 320 cars. The aggregate acquisition price in a share transaction amounts to €23 million, with bank financing provided by Ceskoslovenska obchodni banka at the level of €17.25 million. “The acquisition of this project is in line with the Company’s strategy and perfectly fits its portfolio of high-quality shopping centres in attractive locations with stable tenants,” said Tomas Salajka, Director of Asset Management & Sales of CPI Property Group.
