CPI Property Group and Aroundtown completed the acquisition of the remaining shares in Globalworth Real Estate Investments for $922m.

CPI Property Group, an owner of commercial real estate, and Aroundtown, a publicly listed real estate company, completed the acquisition of the remaining shares in Globalworth Real Estate Investments, a real estate company with a primary focus on Poland and Romania, for $922m. "CPI and Aroundtown are both highly experienced, strong and stable owners of European real estate. Working together as partners will allow us to maximize long-term value while maintaining Globalworth's strong investment grade capital structure and excellent teams in Romania and Poland," David Greenbaum, CPI CFI.