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8 months ago
BRIEF-Orco Property Group announces intragroup disposals and acquisitions of real estate projects with CPI Group
December 2, 2016 / 5:01 PM / 8 months ago

BRIEF-Orco Property Group announces intragroup disposals and acquisitions of real estate projects with CPI Group

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Dec 2 (Reuters) - Orco Property Group SA :

* Announces intragroup disposals and acquisitions of real estate projects with CPI group

* Acquires from CPI group development projects located in Czech Republic, comprising of land bank for future developments.

* On dec 1, 2016 OPG disposed to CPI group two of its income producing assets located in Prague, namely Palac Archa and Hradcanska Office Center

* All these transactions were structured as share deals and prices were based at IFRS NAV Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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