Orco Property Group, Luxembourg, has raised close to 8 million euros (about $9.95 million) through the issuance of 167,960 new shares fully subscribed by SG Corporate and Investment Banking within a step-up equity subscription program set up by the bank in April.Orco said the proceeds would fund the equity capital part of the group's development plan in Central Europe. Orco can be found online at http://www.orcogroup.com.

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