DGAP-News: ORCO Germany S.A.: Closing of sale of Sky Office

DGAP-News: ORCO Germany S.A.: Closing of sale of Sky Office

ID: 210917

(firmenpresse) - DGAP-News: ORCO Germany S.A. / Key word(s): Miscellaneous
ORCO Germany S.A.: Closing of sale of Sky Office

10.12.2012 / 09:37

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Closing of sale of Sky Office

Berlin, December 10, 2012. ORCO erste Projektentwicklungsgesellschaft mbH,
a subsidiary of ORCO Germany S.A., confirms closing of sale of Sky Office
in Düsseldorf for EUR 117 Million. The transaction proceeds shall allow the
full refinancing of the current facility of GSG, another subsidiary of ORCO
Germany.

The purchaser is Allianz Real Estate Germany.

About ORCO Germany

ORCO Germany S.A. is a property company that is listed in the Prime
Standard on the Regulated Market at Frankfurt Stock Exchange and has its
registered office in Luxembourg. The ORCO Germany Group, which acts
consistently under its registered name of ORCO Germany, has been operating
in Germany since 2004 and concentrates on commercial property and project
development.

ORCO Germany is a subsidiary of ORCO Property Group, which is one of the
leading Central European property companies. The ORCO Property Group,
established in 1991, is based in Luxembourg and has listings on NYSE
Euronext Paris, Prague and Warsaw stock exchanges.

For further information please contact:

Press Contact:
Kirchhoff Consult AG
Sebastian Bucher
Herrengraben 1
20459 Hamburg
T +49 40 60 91 86 18
F +49 40 60 91 86 60
E sebastian.bucher(at)kirchhoff.de


End of Corporate News

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10.12.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,




Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: ORCO Germany S.A.
42, rue de la Vallée
L-2661 Luxembourg
Grand Duchy of Luxembourg
Phone: +49 (0)30 390 93 116
Fax: +49 (0)30 390 93 199
E-mail: patricia.jaenisch(at)orco-gsg.de
Internet: www.orcogermany.de
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, Stuttgart


End of News DGAP News-Service
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196424 10.12.2012


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Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
Datum: 10.12.2012 - 09:37 Uhr
Sprache: Deutsch
News-ID 210917
Anzahl Zeichen: 4702

contact information:

Kategorie:

Business News



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