ARTICLES LABELLED WITH TAG echo
27
Mar
2025
Mar
2025
Echo reports strong financial results for 2024
In 2024, the Echo Investment Group took further steps to diversify its portfolio and strengthen its growth strategy. By the end of the year, the Group maintained a cash reserve of PLN 366 million (ca €87 million), while the total value of its assets exceeded PLN 6.77 billion (ca. €1.6 billion).
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14
Mar
2025
Mar
2025
Echo wins two MIPIM Awards for mixed-use project in Łódź
Fuzja mixed-use complex in Łódź (central Poland) has won two MIPIM Awards. The project was recognized in the Best Urban Regeneration Project category. It also received the Special Jury Award.
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28
Nov
2024
Nov
2024
Echo Investment Group reports strong results after three quarters
After nine months of this year, the Echo Investment Group has strengthened its position in key sectors of the Polish real estate market. It has also entered the private student housing segment, starting the construction of two projects. The total value of the Group's assets at the end of September amounted to PLN 6.6 billion (ca. €1.5 billion), while cash reserves exceeded PLN 469 million (ca. €107.5 million). In November, Echo signed a conditional sale agreement for the React office building in Łódź.
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10
Jun
2022
Jun
2022
AFI buys 70% of Towarowa 22 project for €180 million
EPP has finalised the sale of its 70% stake in the Towarowa 22 mixed-use project in Warsaw to AFI Europe. It is historically one of the largest land transactions in Poland in terms of value, with the total plot value exceeding €180 million.
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New leases
- XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
- Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
- TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.
New appointments
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
