Portfolio optimisation and deleveraging remain key priorities
CPI Property Group, one of the largest real estate investors in Central and Eastern Europe, expects total asset disposals of €500–750 million in 2026, according to data published by Forbes România. The estimate is based on a well-defined pipeline as the group continues to streamline its portfolio.
In 2025, the group generated around €1.1 billion from asset sales, with proceeds mainly used to reduce debt and reinvest in strategic properties. Key transactions included the sale of a 50% stake in Iride Business Park in Bucharest, office building Moniuszki 1A in Warsaw, the Marriott hotels in Budapest and Vienna, and the myhive Pankrak office building in Prague. Vivo! Bratislava and MyHive Bratislava were sold to Wood & Company.
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Portfolio restructuring has been underway for several years. Since 2023, CPI Property Group has disposed of assets worth more than €4 billion, amid challenging market conditions. The group has scaled back its office exposure, with the segment’s value declining from about €10 billion in 2022 to €7.9 billion in 2025.
At the same time, the company has strengthened its balance sheet. Net debt has been reduced by nearly €1.9 billion since 2022, including €291 million in 2025 alone. In the first half of 2025, CPI Property Group recorded a net gain of approximately €176 million from property revaluations, representing a roughly 1% increase in portfolio value.
Looking ahead, the group has already signed additional transactions worth around €65 million, expected to close in early 2026, as well as letters of intent exceeding €600 million. These include three individual deals of more than €100 million and cover assets in the Czech Republic, Poland, Italy and the UK.
Residential developments in Dubai and the Czech Republic could generate nearly €750 million in cumulative sales between 2026 and 2028, the company said.
Photo: anuala.ro
