Luxembourg-based investment, development and asset management company Orco Property Group has announced that work has begun on its Praga project. Located in Prague's districts 10 and 15, the project is a mixed-use residential and commercial development comprising 889 housing units on a 63,874-m[sup]2[/sup] plot and an area of commercial space occupying 2,419 m[sup]2[/sup].
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
