Orco Property Group is an investor, developer and asset manager in the Central European real estate and hospitality market, currently managing assets of approximately 2 billion Euros. Operating in Central Europe since 1991, Orco Property Group is a public company, based in Luxembourg, and listed on the Euronext in Paris and on the Prague, Warsaw and Budapest Stock Exchange. Orco operates in a number of different countries throughout the Central and Eastern European region including the Czech Republic, Hungary, Poland, Russia, Croatia, Germany and Slovakia.. Focusing on prime locations within major cities, Orco holds prestigious and varied assets that continually increase in value. Each Orco division caters to a wide variety of leading international customers who have come to appreciate and respect Orco’s commitment to service, quality and style.
Additionally, 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.
Currently the FNA Architect Studio is working on the Bubny development plan. The skilled team under the lead of Frantisek Novotny prepared modern concept creating harmony between various functions and park and other public spaces. Removing constraints created by traffic from the surface will enable Prague 7 to be united again and the flow of people in West-East direction will be possible again. The concept includes large park in the center providing nice environment for the residential buildings situated on its side.
Orco is also working closely with Daniel Libeskind, the globally renowned architect, who designed Orco’s flagship in Poland, iconic development Zlota 44 – a 54 storey multifunctional project in downtown Warsaw.
Other renowned Czech studio, Cigler Marani Architects, has also prepared part of the vision of the project. The Czech-American duo, Jakub Cigler and Vincent Marani, also worked for Orco’s Radio Free Europe building. The services of Hani Rashid and Asymptote Architecture, Christian Biecher and Arquitectonica were also engaged to help drive the vision of Bubny forward.
“Projects like Bubny, those that are recognized and lauded on an international level, are more than simply the sum of their parts. They exhibit the very essence of aspiration. In years to come, people and cities, nations even, will look at Bubny and draw inspiration from a vision made reality. Bubny is incredibly dear to me, it will stand as an integral part of my and Orco’s legacy for generations to come.”
Jean-Francois Ott, CEO and Founder of Orco Property Group