Orco Property Group reported that net losses widened to EUR 45.7 mln in the first quarter, reflecting interest charges of EUR 21.5 mln. and non-cash currency losses of EUR 17.9 mln. In the year-earlier period, the group booked losses of EUR 12.8 mln.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
