Orco Property Group together with TriGranit developer announced interest to develop new district in Ostrava. New project will be located in former coking-plant area close to historic centre and should include offices, residential buildings, shops and rest areas. Total area is about 30 hectares. No further information was released. We see the news about Orco’s expansion plans to other Czech cities with growth potential, positively; however news should be neutral for today’s trading with Orco.