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6/26/2008ORCO-GSG new Sponsor of Network B!Gründet
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The Gewerbesiedlungs-Gesellschaft mbH (ORCO-GSG), an affiliated company of ORCO Germany, is the new sponsoring partner of Berlin network B!Gründet. Both are attending the 24th German Gründer- und Unternehmertage (deGUT) in Berlin to mark the beginning of their cooperation.
Marcel Tilmann, Project Leader at ipal – a Berlin-based patent agency, co-ordinator of B!Gründet: „The support of our new sponsoring partner ORCO-GSG not only allows us to strengthen our network, but also enables us to provide extensive know-how from the real estate market to start-ups.“
Rainer Bormann, Managing Director of ORCO-GSG: „The concept of B!Gründet is convincing and made us decide to support the network financially and in content. The cooperation is a further segment in our program to support start-ups and young companies. We are certain this investment will facilitate the way into independence for students and recent graduates of Berlin’s universities. “
The first common events for B!Gründet and ORCO-GSG are scheduled for autumn 2008; the chosen topic will be „Formation of a company and site selection“.
Main task for the Network B!Gründet is to support potential start-ups from the start-up application phase to financing opportunities to the actual formation of a company. B!Gründet was founded in 2004 to support start-ups, and it sets standards with its work on a national level. It currently holds 12 partners, e. g. University of Arts Berlin, Free University, Humboldt University, College for Techniques and Economy, and Technology Coaching Centre.
Further information is available on the following sites:
www.begruendet-berlin.de
www.orco-gsg.de
ORCO-GSG
ORCO-GSG was founded in 1965 as the state-owned Gewerbesiedlungs-Gesellschaft mbH and became an affiliated company of ORCO Germany in June 2007. Approx. 850.000 sqm offices and multi-use space in 45 building complexes make ORCO-GSG the leading provider of commercial space in Berlin. Focus of the assets is the city centre with its excellent connection to public transport, highways etc. The portfolio includes spatial commercial centres, as well as, building complexes with impressive industrial architecture in the heart of Berlin communities.
Office, studios, storage, workshops, or manufacturing companies benefit form reasonably priced spaces of high value in nearly all sizes, and in various different layouts, accompanied by a number of information and service offers.
ORCO-GSG tenants are close to potential business partners, clients, or suppliers. ORCO-GSG is known as a reliable partner for commercial companies and will hence extend its existing co-operations with authorities, organizations, institutions, universities, and relevant city networks for the benefit of its tenants.
ORCO pursues the idea of sustainable structures, which is the reason why ORCO-GSG supports start-ups and the development of innovative ideas. Start-ups will find the ideal place for work, interchange and growth. They are connected to ORCO-GSG, a competent partner for all queries related to consulting.
ORCO Germany
ORCO Germany S.A. is a real estate company and is registered in Luxembourg and that is listed in the Prime Standard on the Regulated Market of the Frankfurt Stock Exchange. The ORCO Germany group, which operates under the uniform registered trademark ORCO Germany, has been pursuing its activities in Germany since 2004 and concentrates on residential and commercial properties as well as on asset management and project development. ORCO Germany currently employs about 210 members of staff in Germany.
In 2006, ORCO Germany strategically reinforced its project development operations by acquiring Viterra Development. Viterra Development was renamed ORCO Projektentwicklung GmbH at the beginning of 2008 and is one of the leading project developers and investors specializing in commercial and residential properties in the core German markets of Berlin, Düsseldorf, Frankfurt, Hamburg and Munich. ORCO Germany expanded its portfolio of properties in Berlin in June of 2007 by taking over Gewerbesiedlungs-Gesellschaft mbH (GSG); the company now manages more than 1 million square meters of developed and undeveloped areas in the German capital. GSG was established in 1965 and is the largest owner of commercial space in Berlin with about 850,000 square meters of office and multifunctional space. ORCO-GSG owns 45 so-called commercial courtyards and centers, as well as 235 residential units. Most of the properties are located in the city center with excellent connections to the Berlin public transportation network. Orco Germany S.A. is a subsidiary of Orco Property Group, one of the leading Central European real estate firms holding a portfolio worth EUR 2.4 billion (as evaluated on December 31th, 2007). Established in 1991, the company has its registered seat in Luxembourg and is listed on the Euronext, Prague, Budapest and Warsaw stock exchanges. It operates primarily in the Czech Republic, Hungary, Poland, Russia, Croatia, the Slovak Republic and Germany.
By switching from the Open Market, where ORCO Germany S.A. had been listed since 2006, to the Regulated Market (Prime Standard) in November of 2007, ORCO Germany has demonstrated that it is implementing a capital market strategy consistent with its rapid operating growth of recent years. By meeting the most exacting standards of transparency in place at the German Stock Exchange, ORCO Germany S.A. has improved its accessibility to capital market players even further.
Contact
Sabrina Eilers
Head of Marketing & Communications
ORCO Germany
Tel. +49. 30. 440 123 190
E-mail seilers@orcogroup.com
www.orcogermany.de
