CPI Europe completes asset sales exceeding €165 million
In Budapest, the company has agreed to sell the Budapest Marriott Hotel to a consortium of Hungarian investors. The property was marketed through an open international tender, with the winning bid submitted by BDPST Group and the Diorit Private Equity Fund, managed by Gránit Asset Management. The transaction, valued at over €115 million, remains subject to standard closing conditions, including regulatory approvals.
In Bucharest, CPI Europe finalized the partial sale of the IRIDE Business Park and two adjacent land parcels to ALFA Group. The total value of the Bucharest transaction exceeds €50 million.
These sales align with CPI Europe’s strategy to divest from non-core or lower-yielding assets. The company is expected to announce additional updates as it continues to adjust its portfolio.