ORCO PROPERTY GROUP | A new potential acquisition in Germany
A new potential acquisition in Germany
Today, ORCO Property Group S.A., together with a real estate fund sponsored by Morgan Stanley Real Estate Investing, notarized a 400 million euros offer given to a Berlin institution for the purchase of an 800 000 m² income producing office portfolio in Berlin. The offer is binding until 31 December 2006 and subject to the acceptance and approval of the Board of Directors of the seller, the Berlin Senate and the Berlin Abgeordnetenhaus and further merger control clearance.
For further information please contact:
Luxembourg
Luc Leroi
Tel :+352.26.47.67.47
lleroi@orcogroup.com
Paris
Bruno Fritsch
Tel : +33.1.40.67.67.04
bfritsch@orcogroup.com
Prague
Aleš Vobruba
Tel: +42.02.21.416.311
av@orco.cz
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