The value of CPI Group’s assets has increased by 43.7 percent y-o-y, reaching CZK 57bn (€2.28bn) in 2011, while its net profit passed CZK 1bn, according to the company’s 2011 annual results, audited by KPMG. EBDITA reached CZK 2.3bn. Rental income from new acquisitions and rent deregulation in flats have sent the total volume of rent revenues up by 165 percent y-o-y, resulting in the record numbers for 2011. Property investment volume reached CZK 46.5bn, with 34 percent aimed at retail. The group’s equity rose by 27 percent y-o-y to CZK 16bn.
