ARTICLES LABELLED WITH TAG Echo Investment

News Echo Investment plans 250,000 sqm of new office developments
07
Feb
2019

Echo Investment plans 250,000 sqm of new office developments

by Property Forum
In 2018, Echo Investment signed lease agreements for a total office area of nearly 80,000 sqm. This year also seems to be busy - the company plans to start construction of approximately 100,000 sqm of offices including in Warsaw, Wrocław, Łódź and Kraków. Projects with a total area of 150,000 sqm are being prepared.
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News Echo Investment sells Warsaw office building for €76.5 million
28
Nov
2018

Echo Investment sells Warsaw office building for €76.5 million

by Property Forum
The Gatehouse Offices, the first office building of Warsaw Brewery, will be acquired by a fund managed by GLL Real Estate Partners. The project of Echo Investment, which will obtain the occupancy permit in Q4 2018, will be sold for €76.5 million.
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News Echo Investment places bond issuance of PLN 50 million
25
Oct
2018

Echo Investment places bond issuance of PLN 50 million

by Property Forum
Individual investors have subscribed to all offered I-series bonds of Echo Investment. The developer will issue the securities worth PLN 50 million (app. €11.6 million).
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News Poland’s Resi4Rent buys four projects under development
11
Oct
2018

Poland’s Resi4Rent buys four projects under development

by Property Forum
Echo Investment has signed preliminary sales agreements with Resi4Rent for four projects under development in Warsaw, Wrocław and Łódź for a combined price of €78.6 million (PLN 338.7 million). The four projects - Browary Warszawskie in Warsaw, Wodna in Łódź, Rychtalska and Kępa in Wrocław – will comprise 1,200 apartments altogether.
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News Echo Investment launches new project in Katowice
10
Sep
2018

Echo Investment launches new project in Katowice

by Property Forum
Excavators have entered the construction site of the office building Face2Face Business Campus located in Katowice. The new project of Echo Investment will offer 21,000 sqm of space.
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News  Echo Investment to launch apartment rental platform
23
May
2018

Echo Investment to launch apartment rental platform

by Property Forum
Echo Investment is launching a joint venture with a company controlled by an unnamed investor. Resi4Rent is the first fully integrated investor, operator and asset manager for purpose-built residential communities in Poland. With more than 1,200 apartments under construction and another 1,700 apartments ready for construction in the next 12 months, Resi4Rent will be the largest residential for rent platform in Poland. The first tenants will be able to move in during the fourth quarter of 2019.
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News Catalyst Capital buys Wrocław office building for €44 million
03
Jan
2018

Catalyst Capital buys Wrocław office building for €44 million

by Import Sys
Catalyst Capital, a European real estate investment and fund management firm, has bought Nobilis Business House from Echo Investment for €44 million. The building, located on Marii Skłodowskiej-Curie Street in Wrocław, was completed in late 2016.
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News Echo Investment publishes Q3 2017 results
29
Nov
2017

Echo Investment publishes Q3 2017 results

by Import Sys
In Q3 2017, Echo Investment posted a net profit of €12 million (PLN 50 million). The main contributors were: signing final sale agreements for 238 apartments, increase in the value of projects under construction, the sale price increase of the Q22 building, dividend from EPP as well as the compensation for the expansion of Outlet Park in Szczecin.
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News Echo Investment completes leasing of Szczecin mall
14
Nov
2017

Echo Investment completes leasing of Szczecin mall

by Import Sys
The leasing department of Echo Investment finalised the lease of the last unit just before the opening of an extended part of Galaxy in Szczecin. Echo Investment is responsible for the construction and lease of the facility for EPP which is the owner and manager of Galaxy.
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News €175 million loan secured for the construction of Galeria Młociny
20
Oct
2017

€175 million loan secured for the construction of Galeria Młociny

by Import Sys
Echo Investment and EPP (Echo Polska Properties) have concluded a loan agreement worth €175 million and a VAT loan of PLN 34 million with Bank Zachodni WBK S.A. as an agent as well as PKO Bank Polski S.A. and Bank Gospodarstwa Krajowego. The acquired funds will be used for the construction of Galeria Młociny in Warsaw. The loan was granted for the construction period and a five-year investment period.
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Latest news


New leases

  • Deloitte has leased over 900 sqm in the office complex Hi Piotrkowska in Łódź, managed by Master Management Group.
  • Antykwariat i Księgarnia Tezeusz has leased 470 sqm of space in the Galileo office building in Krakow's Korona complex. The asset is owned by GTC.
  • New tenant is joining GTC’s Sterling Business Center in Łódź. Polkomtel will move into the building by the end of this year and will occupy an area of more than 3,000 sqm.

New appointments

  • Wrocław's Quorum complex, owned by the Cavatina group, has gained another tenant from the IT sector. The Hexe Capital Group will move to the Quorum D building, which is part of it, and will occupy about 720 sqm of space on the fourth floor there.
  • Panattoni has announced personnel appointments in its Capital Markets Poland division. Damian Stężycki has been appointed as Managing Director and Joanna Kawrowska together with Michał Stanisławski will take the role of the Co-Heads of the department.
  • Marvipol Development S.A. has announced the appointment of Andrzej Nizio to the company's Management Board. He will serve as vice-president of the board for another two-year term.

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