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  "docSlug": "936b96fe5f4c",
  "documentTitle": "CPI Property Group (CPIPGR)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Muddy Waters Research",
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  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-05-29 00:00:00",
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  "notes": "The table highlights CPI PG's purchases in red text to emphasize the price discrepancy.",
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  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "It appears that CPI PG purchased these 11 units at an average price per square foot that was at a 46% discount to the sales made in the prior two years.",
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      "text": "price per square foot: 46%",
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      "kind": "paragraph",
      "text": "CPI PG purchased 11 of the 20 units at the Buxmead. Prior to CPI PG stepping in, the 2016 and 2017 recorded selling prices were significantly higher. In 2018, CPI PG bought its flats for a range of ~£500/sf to £1,800/sf, other buyers in 2016 and 2017 paid in a range of £1,650/sf to £2,600/sf.",
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      "kind": "source-note",
      "text": "Source: UK Land Registry Records",
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      "text": "CPI PG's 2018 Purchase of the Buxmead Flats was at a Discount to 2016-2017 Levels",
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      "kind": "title",
      "text": "Did CPI PG Receive a Discount on the Buxmead Properties?",
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