CPI: lost profit

The net profit of Czech Property Investments reached in the first half-year of 2009 the value of 403.8 million CZK. Compared to the last year’s loss of 46 million the present result is according to the management of the firm the reflection of restructuring and internal changes by which CPI Group responded the actual situation on the market. Among other things, service activities of the firm, its staff, as well as most of investments into real estates and asset management were transferred into subsidiaries within the group.