Press Release
Luxembourg, 3 January 2018
ORCO PROPERTY GROUP - Acquisition of land banks in Czechia
ORCO PROPERTY GROUP (the "Company") announces acquisition of land banks in Czechia. The Company acquired a portfolio of lands located in the North & West Bohemia regions of Czechia, mostly along the D5 & D8 motorways, totaling approximately 3.8 million square meters. As part of the portfolio, the Company also acquired 50% stake on a historical building located in the historic center of Prague.
The portfolio was acquired from another entity belonging to the CPI PROPERTY GROUP.
For more information, visit www.orcogroup.com
ORCO PROPERTY GROUP
40, rue de la Valleé, L-2661 Luxembourg
