Name of the deal
CPI-CBREGI retail portfolio
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Information about the transaction project/projects/portfolio
CPI PROPERTY GROUP have acquired the high-quality retail portfolio of predominantly 11 shopping centres located in the Czech Republic, Hungary, Poland and Romania with a total leasable area of approximately 265 thousand sqm from two funds managed by CBRE Global Investors.
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The date of closing the deal
29.03.2017
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Value of the transaction (in EUR)
650.000.000
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Yield
N/A
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Seller, plus brief information about the company
CBRE Global Investors is one of the world’s largest real estate investment management firms with $86.5 billion in assets under management. The firm sponsors real estate investment programs across the risk/return spectrum in the Americas, Europe and Asia for investors worldwide.
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Consultancy which advised Seller
Cushman & Wakefield
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Purchaser, plus brief information about the company
CPI Property Group is the leading European investor and operator of commercial, residential and hotel properties with €6.49 billion assets. Our size, long-term investment horizon, global expertise and local presence allow us to proactively accommodate clients’ needs and benefit from the latest trends in real estate industry.
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Consultancy which advised Purchaser
CBRE
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Financing institution
Lead financing partner - Landesbank Hessen-Thüringen
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Current occupancy level
N/A
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Please say why this deal should be considered for the award
650 million EUR complex transaction spanning 4 countries, 2 funds on 11 assets involving 4 financing institutions.
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