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  "documentTitle": "CPI Property Group (CPIPGR)",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-06-03 00:00:00",
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  "notes": "This slide serves as an appendix providing granular evidence for property holdings mentioned in the research note.",
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      "text": "15 of the identified apartments are under construction with completions scheduled between 4Q 2024 through 2027.",
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      "text": "1 unit (SK07) at Sky Bridge by Caspian Properties – completed; 2 units (B2-501 and B3-501) at Mr. C Residences, Jumeirah by Alta Real Estate Development – handover YE 2023; 1 unit (2401) at Bulgari Lighthouse Dubai by MERAAS (part of Dubai Holding) – est complete 2027; 4 units (PH01, PH02, PH03, PH04) at One Canal by AHS Properties – est complete 4Q 2024; 2 units (PH02, PH03) at Casa Canal by AHS Properties - est complete 4Q 2025 to 1Q 2026; 8 units (5801, 5901, 6001, 6101, 6201, 6301, 6501, 6701) at Aire Dubai by Alta Real Estate Development - est complete 4Q 2026",
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      "text": "Hadaeq Sheikh Mohammed Bin Rashid Gardens – plot land number 4013 (title deed certificate # 77681/2024); Hadaeq Sheikh Mohammed Bin Rashid Gardens – plot land number 4186 (title deed certificate # 77682/2024)",
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      "text": "15 of the identified apartments are under construction with completions scheduled between 4Q 2024 through 2027. Local listings for these developments show the normal purchasing terms including the progressive payment schedule, with 20% due upon signing the sale purchase agreement, another 30%-40% due periodically based on construction benchmarks, and the final 40%-50% due at the handover.",
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      "kind": "paragraph",
      "text": "Additionally, our investigators identified two land plots purchased in Sheikh Mohamed bin Rashid Gardens, Dubai Hills Estate, which are also under construction. Public records show these land plots were purchased for approximately €3.7m and €5.2m.",
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      "text": "Footnotes 1-7 detailing pricing records and property status links.",
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      "kind": "title",
      "text": "The Identities of Vitek’s 20 Luxury Property Investments",
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