DESCRIPTION INVESTOR -RELATION TO THE BUBBLE CRASH 2008/07
About investor ORCO property group [from website of the company ->”about us”] : „ Orco Property Group is an investor, developer and asset manager in the Central European real estate and hospitality market. Operating in Central Europe since 1991, OPG currently manages circa EUR 1.7 Billion worth of assets. Orco Property Group, based in Luxembourg, is a public company listed on the Paris Stock Exchange Euronext and on the Prague and Warsaw Stock Exchanges. Orco Property Group operates in a number of countries in Central and Eastern Europe with main focus on Germany, the Czech Republic, Hungary, Poland, Croatia and Slovakia. Orco Property Group portfolio integrates several well-known companies including MaMaison Hotels & Residences across Europe or Gewerbesiedlungs-Gesellschaft mbH (GSG) in Berlin. The company focus is on prime locations within capital cities in the Central European region and possesses a unique portfolio of prestigious real-estate assets. In every city where it operates, the Group is dedicated to offer high standard facilities, together with a comprehensive set of prime services. As a developer, Orco Property Group pipeline is supported by a unique land bank well positioned in close vicinity of Central Europe capital cities. It grants to the company the opportunity to adopt a cherry picking strategy and to develop a set of key and ambitious projects with strong potential upside. Zlota 44, a luxurious residential high-rise in Warsaw, Váci 1, a shopping emporium in Budapest and the ambitious development of the 24ha land plot of Bubny in Prague 7 are the vivid examples of the Group strategy.”