on GSG GROUP S.A. (ETR:O5G)
CPI Property Group Partners with Emirates NBD for Dubai Residential Portfolio Financing
CPI Property Group (CPIPG), a leading European real estate company, has secured an AED 367.3 million (approximately EUR 86 million) loan facility from Emirates NBD. This financing is earmarked for CPIPG's ultra-luxury residential portfolio in Dubai.
The portfolio includes 19 luxury residences, with 15 units currently under construction. These properties are part of prominent developments such as Bvlgari The Lighthouse, Casa Canal, One Canal, and Mr. C Residences Downtown.
The loan will cover a substantial part of CPIPG’s deferred payments throughout 2026 and 2027. This move underscores Emirates NBD’s trust in CPIPG’s asset quality and growth potential in Dubai's luxury real estate market.
CPIPG plans to gradually sell the properties, capitalizing on Dubai’s appeal to affluent buyers. This agreement highlights Emirates NBD's role in facilitating strategic real estate investments in the UAE.
R. P.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all GSG GROUP S.A. news