Hypo RE Bank International has provided EUR 52.5 mln of senior debt to the Czech Orco Property for the financing of the Luxembourg Plaza building. This fully-let complex ranks among one of the most modern office buildings in Prague and provides 22,000 m[sup]2[/sup] of Class A office space, together with 580 m[sup]2[/sup] of retail.
Hypo RE Bank International has provided EUR 52.5 mln of senior debt to the Czech Orco Property for the financing of the Luxembourg Plaza building. This fully-let complex ranks among one of the most modern office buildings in Prague and provides 22,000 m2 of Class A office space, together with 580 m2 of retail.
Orco Property Group, jointly owned by Orco Property Group and the Endurance Fund, is a leading investor, developer and asset manager in Central Europe with EUR 1.3 bn under management. Quoted on Euronext and the Prague stock exchange, Orco is a manager of the Endurance real estate fund, a closed-ended real estate fund for institutional investors focusing on central Europe.
