Jean-François Ott
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Jean-François Ott | |
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Born | February 26, 1965 |
Occupation(s) | Businessman, entrepreneur |
Years active | 1991-present |
Known for | ORCO |
Jean-François Ott (born 1965) founded and was the CEO of ORCO, the Luxembourg real estate investment company.
Education and career
[edit]Jean-François Ott completed his graduation in Finance and Economics at the Grenoble Institute of Political Studies in 1985, he completed his studied at the INSEAD Owners Directors Program.
In 1987, Before starting a career as a derivatives trader in Paris, he worked for the French group Framatome in South Korea,[1] then in 1991, he founded ORCO[2][3] a real estate development company based in Luxembourg. In 2000 Orco then was listed in Paris, with a portfolio of more than 200 assets in residential, commercial and hotels which reached 1 200 000 m2 spanning over 9 countries. In addition to Prague, Paris and Luxembourg, he led the launch of new OPG branches and acquisitions in Buda-Pest, Warsaw, Berlin, Bratislava, Split, Zagreb, Moscow, Belgrade, etc. The portfolio was effectively built through developments and acquisitions of properties that required active asset management.
Among the key milestones in OPG's growth was the launch of the first extended stay hotel in 1999, the listing in Paris in 2000 followed by the acquisition of IPB Real in Czech Republic in 2001. In 2005 the acquisition and redevelopment of the Suncani Hvar hotels in Croatia, the privatization and repositioning of 850 000 m² of GSG commercial real estate in Berlin in 2006 and the acquisition of Molcom, one of the largest logistics parks in Moscow in 2007.
Jean-Francois piloted the restructuring of Orco Property Group in 2009-14, particularly the equitization and restructuring of the €600 million OPG and OG bonds finalized in 2012 and 2013. He sold most of his stake in OPG in 2014, following a change in shareholders and devote itself to the management of his family office OTT Héritage, which has more than 40 holdings invested since 2000s.
In 2020, Jean François decided to return to France. At that time, he met several very interesting professionals who made him wants to help start-ups and invests in digital innovations. He therefore chose to set up his headquarters in Sophia Antipolis and work with the research and development of artificial intelligence at INRIA to develop MyHotelMatch.com, a project dedicated to hoteliers/travelers that he believes will revolutionize tourism. With his expertise in various fields (construction, renovation of historical buildings, residential, hotel and logistics) he is also keen to participate in the influence of his country, create jobs or respond to issues that affect him such as education, medical or environment.
OTT Heritage is also the majority shareholder of Courbet Héritage, a company listed on Euronext Access (ISIN code: FR0004998318 - Mnemonic: MLCOU), a holding company with subsidiaries in real estate development and hotel and commercial asset management. Its investment strategy, which extends over a 5 to 10-year horizon, is based primarily on the renovation and repositioning of under-valued assets, contributing to the enhancement of tourist destinations and local heritage, particularly in France and Europe (Prague).
References
[edit]- ^ "Co dělá realitní král svržený z trůnu? Vede vinici a investuje do start-upů". Lidovky.cz. 25 February 2017. Retrieved 2020-03-17.
- ^ "Ott: Život po Orku je fajn". Lidovky.cz. 26 March 2017. Retrieved 2020-03-17.
- ^ "L'affaire Orco Property Group devant la justice". paperjam.lu. Retrieved 2020-03-17.
External links
[edit]- Jean-François Ott on Twitter
- Jean-Francois Ott on Linkedin
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