ORCO PROPERTY GROUP | Media
Media
MR. KEITH LINDSAY APPOINTED CEO OF ORCO HOSPITALITY GROUP
ORCO Property Group today announced that Mr. Keith Lindsay has been appointed CEO of its Hospitality Group, with immediate effect. At ORCO, Mr. Lindsay will be responsible for operations of all MaMaison Hotels & Apartments as well as the Sunčani Hvar Hotels in Croatia. He is also responsible for asset management of ORCO’s Hotel properties and new investments, whether owned directly or in partnership. Mr. Lindsay’s extensive industry experience is expected to help facilitate the Hospitality Group’s further growth across the European region, and beyond.
Mr. Lindsay joins ORCO from AIG Global Real Estate, where he was the Global Head of Hospitality Investments. Prior to his role at AIG Global Real Estate, Mr. Lindsay was COO of Envergure and Louvre Hotels, the second largest European chain of hotels. “Keith comes to ORCO at an exciting time for our Hospitality division,” states Jean-Francois Ott, President of ORCO Property Group. “Our Hospitality Group, consisting of many representative properties across the region, is an integral part of ORCO’s growth strategy for the future. There are many opportunities for a leader with Keith’s qualifications and proven track record of success to forge a new chapter in ORCO’s ongoing success story. I welcome Keith to the company, and look forward to working with him to advance the ORCO vision together.”
“I am delighted to join ORCO at this, as Jean-Francois notes, exciting time for the company’s Hospitality Group” states Keith Lindsay, CEO of the ORCO Hospitality Group. “We have an outstanding opportunity to pursue the growth of the Hospitality Group together with our investment partners and I look forward to leading the experienced management team in place today.”
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Orco Property Group is a leading investor, developer and asset manager in the Central European real estate and hospitality market, currently managing assets of approximately EUR 2, 5 billion. Operating in Central Europe since 1991, Orco Property Group is a public company, based in Luxembourg, and listed on the Euronext, Prague, Warsaw and Budapest Stock Exchanges. Orco Property Group’s portfolio includes, IPB Real, MaMaison Hotels & Apartments, Viterra Development, Gewerbesiedlungs-Gesellschaft mbH (GSG), Orco Real Estate, Orco MOLCOM and other retail properties. Orco Property Group operates in a number of countries including, mainly, the Czech Republic, Hungary, Poland, Russia, Croatia, Germany and Slovakia. Orco Property Group is continually analysing investment into new territories.
Orco Property Group is also sponsor of The Endurance Real Estate Fund, a Luxembourg–regulated closed–end mutual fund (fonds commun de placement - fonds d'investissement spécialisé) organised as an umbrella fund with six sub-funds focused on real estate acquisitions on office and retail, residential, industrial & logistic, and Health Care markets.
Contact persons:
Séverine
Farjon
Tel:
+33 1 40 67 67 00
E-mail:
sfarjon@orcogroup.com
City:
Paris
Luc
Leroi
Tel:
+ 352 26 47 67 47
E-mail:
lleroi@orcogroup.com
City:
Luxembourg
Aleš
Vobruba
Tel:
+42 02 21 416 311
E-mail:
avobruba@orcogroup.com
City:
Prague