Including the
Consolidated financial statements
for the period of 6 months ended as at 30 June 2017 (Unaudited)
ORCO PROPERTY GROUP S. A. * Société Anonyme * 40 rue de la Vallée, L2661 Luxembourg
R. C. S. Luxembourg - B 44.996
SUMMARY
Part I. Management report Part II. Declaration letter Part III. Condensed consolidated interim financial informationOrco Property Group | Société Anonyme | 40 Rue de la Vallée, L-2661 Luxembourg RCS Luxembourg B 44996
Management Report as at 30 June 2017
MESSAGE FROM THE MANAGEMENT 5
FIRST HALF 2017 AND POST-CLOSING KEY EVENTS 6
Annual General Meeting of Shareholders 6
Suspension of trading in Warsaw 6
Disposal of Office Building in Capellen 6
MARKET ENVIRONMENT 7
PROPERTY PORTFOLIO 9
Total Property Portfolio 9
Property Valuation 10
Income Generating 13
Land Bank 16
Development 17
FINANCING 18
Cash and cash equivalents 18
Loan to value 18
Financial liabilities 18
RESULTS AND NET ASSETS 19
Income statement 19
Balance sheet 21
TABLE OF LOCATION OF EPRA INDICATORS 23
CORPORATE GOVERNANCE 24
Principles 24
Board of Directors 24
Description of internal controls relative to financial information processing 27
Remuneration and benefits 27
Corporate Governance rules and regulations 27
Additional information 30
SHAREHOLDING 33
Share capital and voting rights 33
Shareholder holding structure 33
Authorized capital not issued 33
CORPORATE RESPONSIBILITY 35
GLOSSARY & DEFINITIONS 36
ORCO PROPERTY GROUP, société anonyme (the "Company") and its subsidiaries (together the "Group" or "OPG") is a real estate group with a major portfolio in Central and Eastern Europe. It is principally involved in the development of properties for its own portfolio or intended to be sold in the ordinary course of business. The Company is a subsidiary of CPI Property Group (also as "CPI PG", which indirectly holds approximately 97% of the Company shares.
The Company is a joint stock company incorporated for an unlimited term and registered in Luxembourg. The address of its registered office is 40, rue de la Vallée, L-2661 Luxembourg, Grand-Duchy of Luxembourg.
The Company's shares are listed on the regulated markets of Luxembourg Stock Exchange and Warsaw Stock Exchange1.
1 The trading of Company's shares is suspended on both stock exchanges.
ORCO Property Group SA published this content on 31 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 August 2017 18:12:02 UTC.
Original documenthttp://www.orcogroup.com/documents/MR_OPG_jun2017_final.pdf
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