Orco says plans around EUR 100 mln capital hike

08.02.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Real estate developer Orco Property Group said on Thursday it planned to raise capital by around 100 million euros to fund expansion of its...

...portfolio in central and eastern Europe.

The company said in a statement that it planned to issue new shares in the second quarter. It will list its stock in Warsaw and Budapest, in addition to the Prague and Paris where the firm is traded now.

Citigroup and Wood & Company were appointed as advisors on the deal.

[PRAGUE/Reuters/Finance.cz]

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