CPI PROPERTY GROUP – Improved MSCI ESG Rating

CPI Property Group
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254                                                                                                                           

Press Release - Corporate News

Luxembourg, 24 February 2023

CPI PROPERTY GROUP – Improved MSCI ESG Rating

CPI PROPERTY GROUP (“CPIPG”, the “Company” or together with its subsidiaries the “Group”), a leading owner of income-generating European real estate, is pleased to announce a positive evolution in the Group’s MSCI ESG rating.

In 2023, CPIPG received a rating of BBB (on a scale of AAA – CCC) in the MSCI ESG Ratings assessment, an improvement from the previous rating of BB. Key drivers for the higher rating were the larger share of certified green buildings, green leases, and enhanced corporate governance.

“Our MSCI ESG rating reflects the effectiveness of CPIPG’s sustainability strategy and recent positive developments in our Carbon Disclosure Project (CDP) score,” said Petra Hajna, Group Sustainability Officer. “We remain focused on achieving further tangible progress towards our ambitious sustainability targets.”

For further information, please contact:

Investor Relations

David Greenbaum    
Chief Financial Officer    
d.greenbaum@cpipg.com   

Moritz Mayer
Manager, Capital Markets
m.mayer@cpipg.com

For more on CPI Property Group, visit our website: www.cpipg.com    

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THE USE BY CPI PROPERTY GROUP SA OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF CPI PROPERTY GROUP SA BY MSCI.  MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY.  MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.

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