Orco buys Prague office building for 24 mln euros

25.09.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Sept 25 (Reuters) - Real estate investor and developer Orco Property Group <ORCO.PA> has bought a 34,000 square metre office building in Prague for 24 million euros ($31 million), it said on Monday.

The building near central Prague is occupied until the first half of 2008 by bank Ceska Sporitelna, Orco said in a statement.

Orco is registered in Luxembourg and listed in Paris and Prague. ((Reporting by Jan Lopatka, editing by Steven Silber; prague.newsroom@reuters.com; Reuters Messaging: jan.lopatka.reuters.com@reuters.net; +420-224 190 474))

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Keywords: PROPERTY CZECH ORCO

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