CPI Property Group to acquire Nova RE for $140m.

CPI Property Group, a real estate developer, agreed to acquire Nova RE, a real estate services provider, for $140m. “The acquisition of Nova RE brings strategic efficiencies to CPIPG’s investments in Italy. “Italy is a small portion of the Group’s property portfolio, but we are excited to have a well-managed platform for future growth," Martin Nemecek, CPI Property CEO.