Orco seeks asset sales to avoid loan breaches

By A staff reporter 2009-11-23T00:00:00

CEE property developer and investor Orco Property Group is seeking to sell a number of projects after reporting losses widened to EUR 259 mln in the first nine months of 2009. In its third-quarter financial statement posted on Friday, the company said it is 'in the process' of disposing of ...

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