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PRESS RELEASE: CPI PROPERTY GROUP - Acquisition of homes in Notting Hill

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DGAP-News: CPI PROPERTY GROUP / Key word(s): Acquisition
CPI PROPERTY GROUP - Acquisition of homes in Notting Hill

2019-09-18 / 19:00
The issuer is solely responsible for the content of this announcement.

CPI PROPERTY GROUP
(_société anonyme_)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254

PRESS RELEASE
Luxembourg, 18 September 2019

*CPI PROPERTY GROUP - Acquisition of homes in Notting Hill*

CPI PROPERTY GROUP today announced the acquisition of seven homes at West
Village, a development of contemporary homes in Notting Hill, London, W11.

Completed in 2017, West Village consists of nine homes built to a high
specification with a minimum of three bedrooms and secure underground
parking. The Notting Hill neighborhood is one of the most famous and highly
sought-after areas of London, where recently constructed homes are less
common.

"The seven homes at West Village were acquired by CPIPG for an attractive
price, are fully let, and should benefit from strong rental demand for many
years to come" said Martin Nemecek, CEO of CPIPG. "While we can continue to
consider future UK investments, CPIPG's pipeline of potential acquisitions
for the rest of 2019 is primarily focused on expanding our existing
platforms in the CEE region."

For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com [1]

For further information please contact:

INVESTORS

CPI PROPERTY GROUP
David Greenbaum
Chief Financial Officer
d.greenbaum@cpipg.com

CPI PROPERTY GROUP
Joe Weaver
Director of Capital Markets
j.weaver@cpipg.com

MEDIA/PR
Kirchhoff Consult AG
Andreas Friedemann
Borselstraße 20
22765 Hamburg
T +49 40 60 91 86 50
F +49 40 60 91 86 60
E andreas.friedemann@kirchhoff.de

2019-09-18 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: CPI PROPERTY GROUP
40, rue de la Vallée
L-2661 Luxembourg
Luxemburg
Phone: +352 264 767 1
Fax: +352 264 767 67
E-mail: contact@cpipg.com
Internet: www.cpipg.com
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulated Market in Frankfurt (General Standard); Regulated
Unofficial Market in Dusseldorf, Stuttgart
EQS News ID: 876131

End of News DGAP News Service

876131 2019-09-18


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=7f6dda0743e708e8672619249260d999&application_id=876131&site_id=vwd&application_name=news


(END) Dow Jones Newswires

September 18, 2019 13:00 ET ( 17:00 GMT)
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