News Article Echo Investment financing Katowice loan mall Poland retail shopping
by Import Sys | Retail

Echo Investment has concluded a contract with Bank Zachodni WBK S.A. as an agent as well as Bank BGŻ BNP Paribas S.A. concerning a loan of over €67.5 million and a VAT loan of PLN 12 mln. The funds will be used for the construction of Galeria Libero in Katowice.

Galeria Libero’s opening is planned for the spring of 2018. The shopping centre is being developed on ul. Tadeusza Kościuszki – one of the most important traffic routes of Katowice, on a plot with an area of 54,000 sqm. The facility will offer a retail and entertainment area of 42,000 sqm which will be located on three floors. Besides its 150+ shops, Libero will also contain a modern urban square featuring fountains, an amphitheatre, a skate park, an ice rink and some areas for relaxation, stationary games and other outdoor activities.