The Frank Report

The truth is always fair

Frank Report
The truth is always fair

radovan v tek

ROLL OVER, VÍTEK: Czech Tycoon's €1.7B Fundraising: Same Money, Later Date
Radovan Vítek

ROLL OVER, VÍTEK: Czech Tycoon's €1.7B Fundraising: Same Money, Later Date

The article argues CPI Property Group’s €1.7B fundraising was a refinancing by existing bondholders, not new money. It also highlights €149M spent buying…

By Frank Parlato | September 19, 2026
CZECH, MATE: Vítek's Empire Bleeds €1M a Day in Interest
Radovan Vítek

CZECH, MATE: Vítek's Empire Bleeds €1M a Day in Interest

CPI Property Group’s first-half 2026 numbers showed declines in revenue, rental income, EBITDA and funds from operations. The report also recorded €8.63 billion in net debt, €179.7 million in…

By Frank Parlato | September 19, 2026