Echo Investment strengthened its market position in the first half of 2025, participating in Poland's largest PRS transaction - the sale of 18 Resi4Rent projects worth €2.4 billion - and selling its remaining Office House shares for over €160.5 million.
The Resi4Rent platform, where Echo held a 30% stake, was sold to Vantage Development, part of Tag Immobilien, subject to Polish antimonopoly approval. The Office House sale to Afi opens the way for the next stages of the Towarowa22 project in Warsaw, where construction of a new office tower will soon begin.
"Our strategy is strengthening the Group's foundations and opening room for further growth. These transactions confirm the attractiveness of the Polish market and the potential of our projects," said Nicklas Lindberg, CEO of Echo Group. The proceeds will be used to reduce debt, finance new investments, and make distributions to shareholders.
The Resi4Rent platform maintains 1,500 completed apartments, 2,700 under construction, and more than 900 in the pipeline. Construction began on over 600 new units in two Warsaw projects in 2025. The Studentspace network started its first Warsaw project on Woloska Street (500 beds) and three Krakow projects offering over 1,200 places total.
Archicom sold 1,162 apartments in the first half, with 632 in Q2 alone. Over 6,400 apartments are under construction, with 2,700 scheduled for completion by year-end. "We maintain safe levels of cash and debt, ensuring stable cash flows. This enables us to invest in new projects that combine ESG priorities with the needs of residents," said Maciej Drozd, CFO of Echo Group.
