EQS-News: CPI PROPERTY GROUP publishes financial results for 2022
CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”) hereby publishes audited financial results for the financial year ended 31 December 2022.
- CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”) hereby publishes audited financial results for the financial year ended 31 December 2022.
- In 2023 we will focus on integration, optimisation, and reducing leverage.”
The Group fully consolidates the assets, liabilities, and equity of IMMOFINANZ and S IMMO. - Highlights of the 2022 financial year include:
CPIPG’s property portfolio reached €20.9 billion (versus €13.1 billion at year-end 2021) as the Group consolidated IMMOFINANZ (€5.3 billion) and S IMMO (€3.4 billion) and made nearly €900 million of disposals during 2022. - CPIPG will host a webcast in relation to its financial results for 2022.