Orco Property Group announced on Tuesday that shares in its German subsidiary have been admitted to the regulated market of the Frankfurt Stock Exchange. Orco Germany's entire share capital, or about 49 million shares, has been listed on the exchange's open market since 2006. The new listing gives the company a market capitalisation of EUR 563 mln. Orco Germany's total portfolio has been valued by DTZ at EUR 833 mln.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
