Ready to Invest 200 Million Euros for Construction in Zagreb

One of the world’s most renowned contemporary architects, Daniel Libeskind, presented his work to the Croatian public. He came to Zagreb at the invitation of Orco Property Group, with which he collaborates successfully, to familiarize himself with the capital and gain insight into construction opportunities.

   The founder, CEO, and main executive director of Orco Property Group, Jean-Francois Ott, and Daniel Libeskind met with the mayor of Zagreb, Milan Bandić. According to Jean-Francois Ott, they did not discuss specific projects but rather the concept of the city in which they plan to invest 200 million euros.

– Buildings in the city should be constructed for its residents, not for tourists. Cities are made by people, while buildings should contribute to improving the quality of life. I really like Zagreb, and it is one of the most beautiful cities in Europe – said Daniel Libeskind. Libeskind presented his latest work – the tallest residential center in Europe, a luxury multi-story building in the very center of Warsaw known as Zlota 44.

His most famous architectural achievements include the provocative architectural solution of the Jewish Museum in Berlin with an entrance shaped like a broken Star of David, and he also won the competition for Ground Zero in New York, which will be built on the site of the World Trade Center destroyed on September 11, 2001. In Zagreb, he would prefer to design an airport rather than a Jewish synagogue, says Libeskind, as it is more representative.

Orco Property Group operates in the Czech Republic, Hungary, Poland, Russia, Germany, Slovakia, and Croatia, where it owns prestigious and diverse properties. Judging by the business results from 2006, the group manages assets worth 1.31 billion euros, while its shares have increased by 85 percent, and it has more than 800 employees in 15 countries worldwide. For this year, it announced the sale of its hotel portfolio and hotel management company in Central Europe while retaining the Pachtuv Palace and a stake in Sunny Hvar.  (Antonela Zečević)