Orco Property Group

UPDATE 1-ECM recommends offer from founder, warns on 2009

PRAGUE, Nov 18 (Reuters) - Czech developer ECM Real Estate Investments advised shareholders on Tuesday to accept a 303 crown per-share takeover bid from its largest shareholder, warning next year would be challenging. The...

Orco Property Group : Orco Property Group exhibiting at MAPIC 2008 - Riviera Hall, stand R38.06

PRESS RELEASE Orco Property Group exhibiting at MAPIC 2008 - Prague, Czech Republic & Cannes, France | 12 November 2008 Orco Property Group, an investor, developer and asset manager in the Central European real estate and...

Solvency a big question mark for Orco

10-Nov-2008

Even if developer Orco Property Group reduces capital expenditure from planned €950 million (Kč 23 billion) to zero, it still has to sell assets worth €100 million in order to maintain liquidity in 2009. The company denies...

News: RFE/RL moves its headquarters - Security upped at Radio Free Europe/Radio Liberty site

Entering the new Radio Free Europe/Radio Liberty (RFE/RL) headquarters in Prague 10–Hagibor involves being subjected to security measures of airport-like proportions. And that’s all before entering the building’s front doors,...

ORCO sell HQ building in Budapest (CZ)

A notable transaction was going on the investment market of Budapest in October 2008, when ORCO Group, represented by Colliers International, concluded an investment sale with Stena Realty BV (part of the Stena Group, Sweden)...

Bankers fear credit crunch may have longer-term impact

27-Oct-2008

Czech banks have been tightening their grip on personal and corporate lending throughout October, confronted with high nervousness on the interbanking market and conservative headquarters increasingly worried about a global...