CPI Property Group - comment

The cash up to CPI for its S Immo shares will be around €100m, and the remainder is via a €500m intercompany loan. CPI had said the sale would be structured around tax considerations, so a loan makes sense, given the relief on interest payments. The transaction is in line with what we expected. 

https://cpipg.com/storage/app/uploads/public/66f/461/5f1/66f4615f125ba053690154.pdf