Orco Property Group recorded a net loss of €63m in the first half of this year. Last year, it was in the black, turning a profit of €7m. Revenues fell 54 percent y-o-y to €16.8m from €36.6m in H1 2013. The half year results do not include the sale of the Polish project Złota 44, which was announced earlier this week. Amstar and BBI Development bought the project that is under construction in Warsaw for €63m. The company announced this week its shares will be delisted from the Prague Stock Exchange in September.
