Echo Investment sells Libero Katowice for €103 million

29
Oct
2025
News - Echo Investment sells Libero Katowice for €103 million #Acquisition #Echo Investment #Investment #Katowice #Libero Katowice #Poland #Real Estate #Retail #Shopping Centre #Summus Capital

by Property Forum | Investment

Echo Investment has completed the sale of Libero shopping centre in Katowice to Estonian investment firm Summus Capital for €103 million. This marks the largest single retail property acquisition in Poland in 2025.


Libero Katowice spans 45,000 sqm of GLA with over 150 shops, restaurants, cafes, a fitness centre, bowling alley and cinema. Designed by MOFO Architekci and opened in 2018, the centre is almost fully leased and attracts approximately 6 million visitors annually. Located in the heart of Silesia's capital, it regularly hosts promotional campaigns and cultural events.

"This is our second successful transaction with Summus Capital after selling the React office building in Łódź," said Rafał Mazurczak, board member of Echo Investment. "It confirms that Libero Katowice is an attractive retail asset with strong market position, well-chosen tenants, high footfall and growing turnover. The sale represents another step in our strategy of divesting mature assets whilst focusing on further development."

Summus Capital is an investment holding company specialising in commercial real estate across the Baltic states, now expanding into Central and Eastern European markets. Following the Libero acquisition, the company's portfolio includes retail, office, logistics and medical properties worth over €565 million, with more than 35% located in Poland. Scope Ratings maintains the firm's stable BB/Stable rating.

"Libero Katowice is a strong, well-positioned property with recognisable tenants and significant long-term growth potential," said Hannes Pihl, board member of Summus Capital and managing partner of Zenith Family Office. "This acquisition aligns with our long-term strategy to strengthen our presence in Poland, one of the region's most dynamic real estate markets."




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New leases

  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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