About City Property Glasgow (Investments) LLP
City Property Glasgow (Investments) LLP (CPGI) is a sister company to City Property (Glasgow) LLP and was specifically established by City Property to acquire the Council’s non-operational investment portfolio for £120 million in March 2010.
The portfolio is one of the most significant commercial portfolios in the City and extends to around 2000 commercial properties across a range of sectors including industrial, retail, office and ground leases.
CPGI Additional Information
With significant equity in our portfolio in June 2019, CPGI refinanced to release equity and additional funds to acquire three major Operational assets from Glasgow City Council (GCC). These three Operational assets have been leased back to the Council.
The following former GCC assets are owned by CPGI:
- SEC Armadillo
- City Halls
- Museum Resource Centre