ARTICLES LABELLED WITH TAG Echo Investment

News Echo Investment secures €67.5 million loan for Katowice mall
11
Oct
2017

Echo Investment secures €67.5 million loan for Katowice mall

by Import Sys
Echo Investment has concluded a contract with Bank Zachodni WBK S.A. as an agent as well as Bank BGŻ BNP Paribas S.A. concerning a loan of over €67.5 million and a VAT loan of PLN 12 mln. The funds will be used for the construction of Galeria Libero in Katowice.
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News Echo Investment places another tranche of public bonds
25
Sep
2017

Echo Investment places another tranche of public bonds

by Import Sys
Investors needed less than two days to subscribe for all F-series public bonds issued by Echo Investment. The total value of the tranche amounted to PLN 125 million. The offer was oversubscribed, therefore the placed orders will be proportionally reduced, according to the terms of the issue.
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News Echo Investment increases development pipeline
12
Sep
2017

Echo Investment increases development pipeline

by Ákos Budai
By the end of H2 2017 space under construction by Echo Investment increased to over 1 million sqm, from 677,000 sqm at the end of 2016. According to its latest financial report, the company is moving forward with a number of residential, office and retail developments.
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News Echo Investment sells Wrocław office building
21
Jul
2017

Echo Investment sells Wrocław office building

by Ákos Budai
Warburg-HIH Invest Real Estate, a German based real estate investment manager, will acquire the Sagittarius Business House office scheme in Wrocław on behalf of an individual fund it manages for an institutional investor. The property is under construction and its completion is expected in Q1 2018.
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News Echo’s new Warsaw office project gets its first green light
22
Jun
2017

Echo’s new Warsaw office project gets its first green light

by Ákos Budai
Echo Investment has been granted a permit for the construction of the first office building which is part of the Browary Warszawskie project in the quarter of Grzybowska, Wronia, Chłodna and Krochmalna streets.
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News Echo Investment acquires loan for Wroclaw office project
20
Jun
2017

Echo Investment acquires loan for Wroclaw office project

by Ákos Budai
Echo Investment concluded a contract with the PKO BP bank concerning an investment loan of nearly €32 million and a VAT loan of PLN 6 million. The funds will be used for the execution of the Sagittarius Business House office project in Wrocław.
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News EPP finalises purchase of Galeria Młociny
06
Jun
2017

EPP finalises purchase of Galeria Młociny

by Ákos Budai
Echo Polska Properties (EPP) and Echo Investment have finalised the purchase of shares in the Galeria Młociny shopping centre in Warsaw, which is under construction. EPP is its majority shareholder (70%) and it will manage the completed asset whereas Echo Investment holds the remaining 30%, it is to finish the construction process and will be responsible for the commercialisation and marketing of the project.
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News Echo Investment sells Wrocław office building
15
Mar
2017

Echo Investment sells Wrocław office building

by Ákos Budai
Echo Investment has sold West Link to Griffin Premium RE, a new platform created by Griffin Real Estate. The companies have just signed preliminary agreements as a result of which Griffin Premium RE will control and ultimately purchase the Wrocław-based office building West Link and invest into Echo Investment’s commercial projects in Warsaw – Beethovena and Browary Warszawskie.
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News Echo Investment and EPP buy Warsaw mall for €42 million
13
Mar
2017

Echo Investment and EPP buy Warsaw mall for €42 million

by Ákos Budai
Echo Polska Properties NV (EPP) and Echo Investment are buying Galeria Młociny in Warsaw from Rosehill Investments. The companies will pay nearly €42 million (including the liabilities of the company being the subject of the transaction) for the project which is already under construction. 
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News Serviced offices open in Polish regional cities
27
Feb
2017

Serviced offices open in Polish regional cities

by Ákos Budai
City Space, an operator of serviced offices, is to open new business centres in Wrocław, Katowice and Gdańsk in the next few weeks. So far the office operator was present in Warsaw and Kraków, its dynamic expansion is an effect of joining forces with Echo Investment. 
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Latest news


New leases

  • Piotr Pikiewicz has joined the 7R team. In the role of Head of Project & Corporate Debt, he will lead the team responsible for project and corporate financing at 7R Group.
  • Tiberius Poland, a company that is part of the international Teddy Group, which owns the Terranova, Calliope and Rinascimento brands, has signed a five-year lease agreement with Gemini Park Tarnów (southern Poland). The nearly 500-square-meter space will house a Terranova brand store. It is scheduled to open in early December 2024.
  • RRmoto, a retailer of motorcycle clothing and accessories, has joined the tenants of Morski Park Handlowy in Gdańsk. Its store will occupy 1,140 sqm of space. Cushman & Wakefield brokered the transaction and provided advice during the lease negotiation.

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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