Sona Asset Management to acquire a 49% stake in a holding company owning eleven office properties in Warsaw and two retail assets in Elbląg and Lublin, Poland from CPI Property Group for €250m.

Sona Asset Management, an institutional alternative asset management firm, agreed to acquire a 49% stake in a holding company owning eleven office properties in Warsaw and two retail assets in Elbląg and Lublin, Poland from CPI Property Group, a real estate landlord of income-generating commercial properties, for €250m. "CPIPG is excited about our partnership with Sona. This investment demonstrates the quality of our operations and assets in Poland and the Group’s ability to attract strong capital partners," David Greenbaum, CPI Property Group CEO.