CPI Property Group

EQS-News: IMMOFINANZ 2023 with strong operating performance

Retrieved on: 
Wednesday, April 10, 2024
EUR, Growth, Supervisory board, AG, VIVO, ATX, CPI Property Group, S IMMO, Bank statement, Investment, LTV, FFO, NTA, Cryptocurrency

IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year.

Key Points: 
  • IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year.
  • “We achieved above-average operating results in 2023 in spite of the difficult macroeconomic environment.
  • This performance underscores the success of our strategy to invest in higher-yielding properties to strengthen our earning power“, explained Radka Doehring, Member of the Executive Board of IMMOFINANZ.
  • Revaluations (including development projects and property sales) totalled EUR -376.8 million in 2023, compared with EUR -105.7 million in the previous year.

EQS-News: CPI PROPERTY GROUP – End of Year Message

Retrieved on: 
Saturday, December 30, 2023
Sale, Acquisition, BHP, PwC, Investment, CEE, RICS, CPI Property Group, News, JV, Security (finance)

On 20 December 2023, CPIPG signed the disposal of Olympic Garden, an office complex located in the centre of Prague.

Key Points: 
  • On 20 December 2023, CPIPG signed the disposal of Olympic Garden, an office complex located in the centre of Prague.
  • The sale provides CPIPG with additional liquidity, while the call option gives the Group flexibility on future strategic plans.
  • The Group expects to benefit from the strong residential real estate market in Dubai and will gradually dispose of these assets.
  • For more on CPI Property Group, visit our website: www.cpipg.com
    29.12.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

EQS-News: CPI PROPERTY GROUP – Signing of agreement concerning disposal of ski resort business in Crans Montana

Retrieved on: 
Tuesday, December 26, 2023
Sale, CMA, CPI Property Group, CHF, EUR, Tourism

CPI Property Group (“CPIPG”) is pleased to announce the signing of a binding agreement for the sale of approximately 84% of the shares of Remontées Mécaniques Crans Montana Aminona (CMA) SA, the company owning and operating the Crans Montana ski lifts, as well as several assets and properties relating to the on-mountain activities, including restaurant outlets and a ski school business.

Key Points: 
  • CPI Property Group (“CPIPG”) is pleased to announce the signing of a binding agreement for the sale of approximately 84% of the shares of Remontées Mécaniques Crans Montana Aminona (CMA) SA, the company owning and operating the Crans Montana ski lifts, as well as several assets and properties relating to the on-mountain activities, including restaurant outlets and a ski school business.
  • The entire mountain resort business was valued at EUR 51 million as at the end of June 2023.
  • “CPIPG is proud to have contributed significantly to the positive development of Crans Montana over the past 10 years,” said David Greenbaum, CEO of CPIPG.
  • “Vail Resorts is a talented ski resort operator, and we are certain that Crans Montana will thrive under their ownership."

Changes to the Board of Directors of Intershop Holding AG

Retrieved on: 
Tuesday, December 26, 2023
CPI Property Group, Annual, University of Zurich, University, Geography, New product development, Head, Artery, Property, Intershop, Retirement, Annual general meeting, SIX Swiss Exchange, RTÉ Executive Board, Swiss Finance Institute, Property management

The Board of Directors will propose Dr Gregor Bucher for election to the Board at the Annual General Meeting on 27 March 2024.

Key Points: 
  • The Board of Directors will propose Dr Gregor Bucher for election to the Board at the Annual General Meeting on 27 March 2024.
  • Kurt Ritz, a member of the Board of Directors since 2019, has informed the company that he will not be standing for re-election at the upcoming Annual General Meeting.
  • The Board of Directors and the Executive Board regret this decision and would like to thank Kurt Ritz for his successful commitment.
  • Intershop is a real estate company listed on the SIX Swiss Exchange and active in Switzerland, which invests principally in commercial properties.

EQS-News: CPI PROPERTY GROUP – Signing of agreement concerning disposal of Sunčani Hvar Hotels

Retrieved on: 
Tuesday, December 26, 2023
CPI Property Group, Tourism, Travel, COVID, Sale, Hvar

CPI Property Group (“CPIPG”) is pleased to announce the signing of a binding agreement for the sale of 100% of the shares of SUNČANI HVAR NEKRETNINE d.o.o.

Key Points: 
  • CPI Property Group (“CPIPG”) is pleased to announce the signing of a binding agreement for the sale of 100% of the shares of SUNČANI HVAR NEKRETNINE d.o.o.
  • and SUNČANI HVAR d.d., the companies owning and operating the Sunčani Hvar Hotels, a unique resort portfolio located on the Island of Hvar, Croatia.
  • "CPIPG continues to see strong investor interest in hotels as tourism and business travel have rebounded fully from the COVID period," said Jan Kratina, Director of CPI Hotels.
  • "We are certain that Eagle Hills will contribute to the continued success of Hvar as a desirable tourist destination."

EQS-News: TERMS AND CONDITIONS OF A BUY-BACK OFFER BY THE COMPANY

Retrieved on: 
Thursday, December 14, 2023
Publication, EUR, CPI Property Group, Countersign, CET, ISIN, Condition, Security (finance), Holding company, Medical device

It is intended that the shares acquired by the Company within the Offer will be cancelled afterwards through a share capital reduction.

Key Points: 
  • It is intended that the shares acquired by the Company within the Offer will be cancelled afterwards through a share capital reduction.
  • Participating shareholder: only shareholders holding CPIPG shares on 19 November 2023 at 23:59 (CET time) can participate to the Offer.
  • Conditions of the Offer (the "Conditions"): The Company is willing to repurchase in the context of the Offer a maximum number of up to 105,000,000 CPIPG shares.
  • Terms of the Offer may be adjusted to address any comments formulated by regulatory authorities or stock exchange.

EQS-News: CPI PROPERTY GROUP – Disposal of Czech Portfolio to S IMMO AG

Retrieved on: 
Thursday, December 14, 2023
Sale, CPI Property Group, EUR, Czech Republic

CPI Property Group (“CPIPG”) is pleased to announce the signing of a binding agreement for the sale of a portfolio totalling 11 properties located in the Czech Republic to S IMMO AG.

Key Points: 
  • CPI Property Group (“CPIPG”) is pleased to announce the signing of a binding agreement for the sale of a portfolio totalling 11 properties located in the Czech Republic to S IMMO AG.
  • Today, a subsidiary of CPIPG signed a contract with a subsidiary of S IMMO AG for the sale of seven office properties, three commercial properties and a plot of land with a total lettable area of around 138,000 m², located in the Czech Republic.
  • The transaction property value is EUR 481 million and annual rental income of around EUR 29 million.
  • The transaction qualifies as a related party transaction given that CPIPG indirectly consolidates S IMMO AG.

Onyxia Cyber Unveils AI-Powered Cybersecurity Performance Management Platform, Enabling Proactive Risk Management

Retrieved on: 
Thursday, August 3, 2023
CPI, External, Google Store, Risk management, Intelligence, CISO, App Store (iOS/iPadOS), Organization, Investment, Collection, Risk, Cardholder Information Security Program, CPI Property Group, CPM, Belk, AI, Benchmarking, Internal, Ciso, News, KPI-driven code analysis, Medical device

NEW YORK, Aug. 3, 2023 /PRNewswire/ -- Onyxia Cyber ("Onyxia") today unveiled the first AI-powered Cybersecurity Performance Management (CPM) platform, a vital management platform for security leaders to better measure the performance of their cybersecurity programs and reduce risk. By having real-time Cybersecurity Performance Indicator (CPI) metrics and actionable security program recommendations, security leaders can build and customize their cybersecurity program assessments, optimize their programs' return on investments, and automate board-level reporting.

Key Points: 
  • NEW YORK, Aug. 3, 2023 /PRNewswire/ -- Onyxia Cyber ("Onyxia") today unveiled the first AI-powered Cybersecurity Performance Management (CPM) platform, a vital management platform for security leaders to better measure the performance of their cybersecurity programs and reduce risk.
  • With Onyxia, CISOs have a single place to measure, manage and convey the business value of their cybersecurity programs.
  • "Onyxia is changing that paradigm and transforming a reactive industry into proactive protection with our comprehensive CPM platform.
  • Cutting-Edge AI Integration: Leveraging AI technology, Onyxia's CPM platform ensures a more precise and comprehensive assessment of cybersecurity performance.

EQS-News: CPI PROPERTY GROUP – Moody’s Baa3 Rating Affirmed

Retrieved on: 
Wednesday, July 19, 2023
News, CFO, S&P, CPI Property Group, Security (finance), Risk management

CPI Property Group (“CPIPG”, or together with its subsidiaries, the “Group”) has prepared a brief statement following the decision by Moody’s Investors Service (“Moody’s”) to affirm the Group’s Baa3 investment grade credit rating while revising the outlook from stable to negative.

Key Points: 
  • CPI Property Group (“CPIPG”, or together with its subsidiaries, the “Group”) has prepared a brief statement following the decision by Moody’s Investors Service (“Moody’s”) to affirm the Group’s Baa3 investment grade credit rating while revising the outlook from stable to negative.
  • Our dialogue with the rating agencies goes even deeper, with regular contact and granular transparency about the Group’s plans.
  • The Group is working hard to achieve our desired outcome and will continue to update our stakeholders on our progress.
  • For more on CPI Property Group, visit our website: www.cpipg.com
    19.07.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

New AppsFlyer Report Reveals eCommerce App Industry’s Resilience as Marketing Spend for Attracting New Shoppers to Apps Approaches $5 Billion

Retrieved on: 
Tuesday, July 18, 2023
Marketing, Online Retail, Retail, Communications, Apps, Applications, Technology, Software, Torrance Industrial Lead, Cost per mille, Hope, Emmanuel Noi Omaboe, Android, AppsFlyer, E-commerce, Red Ribbon Army, Sale, IOS, Acquisition, Black Friday, Green Key Global, CPI Property Group, Apple, IAP, Yoy, Edition, Content strategy, Online shopping, Video game, Satellite navigation device, Mobile phone

Consumer spend in shopping apps climbed 37% in Q4 2022 compared to Q3 2022, 30% higher than the rise in 2021 over the same period.

Key Points: 
  • Consumer spend in shopping apps climbed 37% in Q4 2022 compared to Q3 2022, 30% higher than the rise in 2021 over the same period.
  • On average, retail apps generated 10% more revenue in the peak shopping month of November 2022 compared to November 2021.
  • eCommerce marketers spent $4.9 Billion on attracting app users worldwide in 2022, with the economic downturn leading to a 25% drop in spend in H2 2022.
  • AppsFlyer’s State of eCommerce App Marketing, 2023 Edition is an anonymous aggregate of proprietary global data from 3.7 billion app installs from 8,500 eCommerce apps and 22 billion remarketing conversions.