CPI PROPERTY GROUP has signed a commitment agreement with Sona Asset Management (U.K.) LLP regarding a proposed equity investment of €250 million ($268 million) in Poland.
The equity investment would consist of a significant minority stake in a CPIPG subsidiary holding a portfolio of 11 office properties in Warsaw and two retail assets located in Elblag and Lublin. The gross asset value of the portfolio is more than €1 billion ($1.07 billion).
