CPI acquires 50.3% stake in Chałubinskiego 8 office building in Warsaw

27 April 2020

CPI Property Group has acquired a 50.3-percent stake in the Chałubinskiego 8 office building in central Warsaw. The high-rise office property offers 46,000 sqm of GLA across 47 floors “The group believes Chałubinskiego 8 is a superb long-term acquisition, with steady rental income and the potential for adjacent developments,” said Tomas Salajka, head of acquisitions and asset management for CPIPG. “With a relatively small initial investment, we can enhance our market-leading portfolio in Warsaw while creating opportunities for the future.” CPI Property Group is the largest owner of income-generating real estate in the Czech Republic, Berlin and the CEE region.