ARTICLES LABELLED WITH TAG Echo Investment

News Immofinanz sells office properties in Warsaw
13
Jun
2024

Immofinanz sells office properties in Warsaw

by Property Forum
Immofinanz has completed the sale of three office buildings in Warsaw to Echo Investment Group. The transaction price amounts to €28.5 million.
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News EPP and Echo secure €145.2 million refinancing for Galeria Młociny
03
Apr
2024

EPP and Echo secure €145.2 million refinancing for Galeria Młociny

by Property Forum
EPP and Echo Investment have secured a loan of €145.2 million for the new financing of the Galeria Młociny shopping centre located in Warsaw. Erste Bank Group AG (Austria), Rand Merchant Bank, a division of FirstRand Bank Limited (Republic of South Africa) and Santander Bank Polska (Poland) acted as arrangers of the new credit facility, with Santander Bank Polska also acting as Facility Agent, Security Agent and Account Bank.
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News Signal, Echo and Griffin join forces for new PBSA platform in Poland
06
Mar
2024

Signal, Echo and Griffin join forces for new PBSA platform in Poland

by Property Forum
Signal Capital Partners, UK-based private asset management firm, along with Griffin Capital Partners and Echo Investment will, subject to anti-monopoly clearance, launch a new student housing platform. The new joint venture is aiming to develop, as a first step, an operating portfolio of 5,000 purpose-built student beds across key academic cities in Poland over the next three to five years.
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News Echo Investment Group stays on stable growth path
28
Nov
2023

Echo Investment Group stays on stable growth path

by Property Forum
In the third quarter of 2023, the total value of the Echo Investment Group`s assets increased to PLN 6.2 billion, while its further development is supported by a high level of cash amounting to PLN 627 million.
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News Echo and AFI present first building of Towarowa 22 complex
16
Nov
2023

Echo and AFI present first building of Towarowa 22 complex

by Property Forum
At the corner of Pańska Street and Wronia Street in Warsaw, the construction of the underground part of the first phase of the mixed-use project Towarowa 22 is coming to an end. In addition to offices, the Office House building offers retail spaces and attractive green areas. This is a promise of a joint project by companies belonging to the Echo Investment Group and AFI Europe.
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News Echo Investment starts construction of Swobodna SPOT in Wrocław
18
Oct
2023

Echo Investment starts construction of Swobodna SPOT in Wrocław

by Property Forum
Swobodna SPOT is a new project by Echo Investment at 60 Swobodna Street in Wrocław. There will be a total of 41,600 sqm of leasable space in the project located in the city's business centre. Two office buildings and a green urban walkway connecting them were designed by architects from Kuryłowicz & Associates.
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News Archicom issues 10 million new shares and raises PLN 220 million
27
Sep
2023

Archicom issues 10 million new shares and raises PLN 220 million

by Property Forum
The process of accelerated book-building for Archicom shares has been completed, as a result of which Archicom, Echo Investment and DKR Investment, i.e. companies belonging to the Echo Investment Group, set the sales price of existing Archicom shares and the issue price of 10 million new series D and E shares at PLN 22 per piece. Archicom will use the funds obtained in this way primarily to intensify ​​land acquisitions for further investments.
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News Echo Investment to focus more on PRS in Poland
21
Sep
2023

Echo Investment to focus more on PRS in Poland

by Property Forum
Consolidation of the residential business, maintaining a high rental level in all completed Resi4Rent projects, starting new "destination" projects – this is a summary of the operational activities of Echo Investment Group in the first half of 2023. The Group's development plans are supported by a high cash balance of over PLN 662 million. 
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News Echo-Archicom Group completes consolidation of resi business
01
Aug
2023

Echo-Archicom Group completes consolidation of resi business

by Property Forum
Archicom has absorbed the residential development projects, the team of employees and the land bank of Echo Investment. The General Meetings of Shareholders of both companies have given their approval for the consolidation of their residential business. Following the completion of the transaction, Archicom is positioned as one of the largest residential developers in Poland, while Echo Investment is focused on commercial real estate, apartments for rent and mixed-use "destinations" projects. The company's share in Archicom's capital will total 89.30%.
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News Echo-Archicom Group closes solid Q1 2023
25
May
2023

Echo-Archicom Group closes solid Q1 2023

by Property Forum
Preliminary agreement regarding the consolidation of Echo Investment's and Archicom’s residential business, high level of cash amounting to PLN 778 million, PLN 11.5 million in net profit which was mainly the result of the revaluation of Resi4Rent projects and handing over to customers nearly 300 apartments – this is a brief summary of Q1 2023 results of Echo-Archicom Group.
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Latest news


New leases

  • Private Label Tissue has increased its lease by a further 9,500 sqm of warehouse and social and office space at the Hillwood Rawa Mazowiecka logistics centre. The space currently occupied by the company amounts to nearly 30,000 sqm.
  • A new tenant of the DOT Park office complex in Kraków is Webcon, a provider of business process automation systems and low-code technology in Poland. The company has leased 1,615 sqm of office space.
  • Primak will open in August a store spanning 3,200 sqm in Iulius Town Timișoara. This will be the first Primark store based outside Bucharest.

New appointments

  • Bartosz Guss will take up the post of General Director of the Polish Association of Developers from 1st of July. He is a local government officer who has been involved in real estate and cooperated with business for more than 20 years.
  • Ewelina Ostaszewska has joined the Greenfields - Real Estate team. The expert has joined the ranks of the Land Property Department - Living sector.
  • Angelika Kliś has resigned from her position as a member of Atal's management board, the company announced in a press release. The reason for the resignation was not given.

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