[2] The Group works in Central Europe since 1991, Orco Property Group’s portfolio includes IPB Real, MaMaison Hotels & Apartments, Viterra Development, Gewerbesiedlungs-Gesellschaft mbH (GSG) and Orco Real Estate.
It develops real estate markets of Croatia, Czech Republic, Germany (Berlin, Duisburg, Düsseldorf, Frankfurt am Main, Hamburg and Munich, expanding the groups' focus also into ripe markets of Western Germany, Berlin fitting into the CEE strategy), Hungary, Luxembourg, Poland, Russia, and Slovakia.
[2] In 2007, according to company report, the major shareholders were Orco Holding S.A. (11.15%), Bernard Gauthier (4.33%) and Jardenne Corporation S.a.r.l.
[8] ČTK's sources say further that "Orco struggles a high degree of indebtedness ... Orco's debts total as much as some EUR 1.6 bn ... under a six-month court protection against creditors, with management expecting a possible extension by several weeks ... at the same time in talks about capital investment with US firm Colony Capital and is undergoing restructuring.
Its main business areas are commercial property, asset management and project development.
In 2006 ORCO Germany acquired Viterra Development and its activities and property in Berlin, Düsseldorf, Frankfurt, Hamburg and Munich.
In June 2007 ORCO Germany overtook the Gewerbesiedlungs-Gesellschaft (GSG) of Berlin, as ORCO-GSG expanding its real estate managed assets to over 1 million square metres of developed and undeveloped space there, with 44 commercial areas and centres and 235 residential units.
[14] Shortly after in April 2009, ORCO Germany diminished slightly the personal role of Jean-François Ott, replacing him by his Ott & Co. and inviting to its board Steven Davis and Aleš Vobruba, Prague members of the ORCO Group board.
It is structured (or schemed) as a regulated Luxembourg Fonds with RBC Dexia Investor Services as a custodian bank.