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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  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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