PropertyEU

Orco prices placing at EUR 115 per share

By A staff reporter 2007-06-14T00:00:00

Luxembourg-based Orco Property Group intends to raise EUR 150 mln from the private placing of 1.3 million shares with institutional investors at EUR 115 per share to help fund the expansion of portfolio in the central European real estate sector. The net proceeds are expected to come to EUR 142 ...

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