• Office Sub-fund
  • Acquisitions
    • Spektrum Shopping Centre
    • 4D Office Centre
    • ORCO Business Park
    • Luxembourg Plaza
    • Focus Point
    • Prosta 69
    • ORCO Tower
    • OBI Store
    • Ożarow Business Centre
    • Arkáda Gallery & Retail Park
    • BesNet Centre
    • Arena Corner Office Centre
    • BB Centrum Building E
    • Galeria Orkana
    • Postova 1 Office Building
  • Publication
  • Team
• Residential Sub-fund
• Office II Sub-fund

Office Sub-fund

The first sub-fund, Office Sub-fund, has a final committed equity of 153,8 million EUR. The portfolio includes A and B class office buildings in Prague, Warsaw, Budapest and Bratislava, two shopping centres in the Czech Republic, one shopping centre in Lublin (Poland), a retail building in Budapest and a logistic centre in Warsaw.

Investment strategy

The Sub-fund follows a core plus strategy searching assets which need re/development, refurbishment, leasing and tenant mix change. The Sub-fund focuses on centrally-located, income-producing office buildings that are at least 70% leased, commercial galleries, or central properties in the capital cities and the largest regional cities of the target markets, well located income-producing distribution centres, logistics and industrial buildings.

The Sub-fund also invests in real estate assets of the mixed type which might among others include hotels or may be involved in substantially pre-let office and retail development projects, potentially in partnership with developers capable of delivering Real Estate Assets subject to the Investment Guidelines. The Sub-fund will also target large sale-and-leaseback portfolios from large financial institutions and corporations or public authorities.

Target markets

Target markets are Czech Republic, Hungary, Poland, Slovakia, Croatia, Bulgaria and Romania. In most of these target markets Orco already has an existing local execution platform.

Early identification of potential transactions through existing contacts and local platforms are expected to result in the Sub-fund being an advantage in the market place to capture investment opportunities.