ARTICLES LABELLED WITH TAG echo-investment-prs
27
May
2021
May
2021
Very good start of the year for Echo Investment
The finalisation of the purchase of a controlling stake in Archicom, the sale of 463 apartments and handing over 154 apartments to clients, the start of leasing of two completed Resi4Rent projects in Warsaw, maintaining average leasing in all completed Resi4Rent buildings at the level exceeding 95%, as well as the sale of the Villa Offices building in Warsaw Brewery – this is a summary of Echo Investment's operating activities in the first quarter of 2021. During this time, the Group generated €5.46 million (PLN 24.5 million) of net profit.
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Latest news
- Demand for warehouses in Ukraine breaks records
- Bucharest region resi deliveries could jump 18.5% in 2026
- Romania’s housing completions dip 3.1% in 2025
- AFI Arad achieves LEED Gold for all four retail buildings
- One United Properties enters US market with Nashville land buy
- Bids for Polish commercial assets already higher in 2026 than in 2025
- Echo Investment sells Brain Park A offices in Kraków
- CTP invests over €4 million in IQ Ostrava renovation
- Nhood completes sale of eight Polish shopping centres to Adventum Group
- Panattoni inks 12,500 sqm lease deal with Fabryka Kart Trefl-Kraków
New leases
- HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
- Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
- A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
New appointments
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
