CPI Group has carried on with the investment campaign that made it the most active investor on the Czech market last year. In April it extended its retail portfolio by adding further 11 properties totalling 43,000 sqm spread across the Czech Republic. In a transaction worth CZK 850m, CPI has picked up a 50 percent stake in the portfolio from VT Holding. The portfolio includes Billa and Penny Market supermarkets, an Interspar hypermarket and shoes and electronics outlets scattered around Třebíč, Teplice, Prague, Zlín a some other regional cities. CPI Group already owned a 50 percent stake in the portfolio since buying into it two years ago, and was involved in the facility management.
