Orco Rises Most in a Week After Sale of Prague Properties

Orco Property Group SA shares jumped the most in more than a week in Polish and Czech trading after the real-estate developer in central Europe said it sold three properties in Prague worth 20.7 million euros ($27.6 million).

The stock rose as much as 4.6 percent, the biggest intraday rally since Nov. 26, and traded up 2.5 percent at 30 zloty as of 9:53 a.m. in Warsaw. In Prague, the shares were up 2.2 percent at 187 koruna, after climbing as much as 3.8 percent earlier today.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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