ARTICLES LABELLED WITH TAG Echo Investment

News - Poles bet on home ownership
12
Oct
2022

Poles bet on home ownership

by Property Forum
Preferences and housing needs of Poles and what they would like to change in their own place were studied by Echo Investment. The first edition of the report "There's no place like home, or how Poles live," analyzes, among other things, what our requirements are when it comes to our own four walls, what motivates us when we buy an apartment, and whether we purchase it mainly for our own needs or as an investment. The report proves that in Poland owning one' s own apartment is still identified with being independent.
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News - Echo reports strong financial results for H1v2022
28
Sep
2022

Echo reports strong financial results for H1v2022

by Property Forum
The sale of office buildings, the increase in the assets’ value and the preparatory works for the next "destination" projects are the highlights of the financial results of Echo Investment for H1 2022. 
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News - Echo sells four office buildings in Poland for €157 million
30
Jun
2022

Echo sells four office buildings in Poland for €157 million

by Property Forum
MidPoint71, an office building in Wrocław, was acquired by Trigea Real Estate Fund, the fastest-growing Czech fund. The project of Echo Investment, which obtained the occupancy permit earlier this year, was sold for over €100 million. In another deal, three office buildings in Fuzja Łódź project were acquired by KGAL Group, an independent investment and asset manager, for over €56 million.
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News - Echo Investment summarises successful beginning of the year
25
May
2022

Echo Investment summarises successful beginning of the year

by Property Forum
Net profit of PLN 51 million, an increase in the value of office projects under construction and handing over to customers 399 apartments – this is a brief summary of Q1 2022 results of Echo Investment Group. The developer also published its second sustainability report where it summarised last year's achievements and results in the areas of environmental, social and corporate governance.
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News - Echo Investment closes 2021 with good results
31
Mar
2022

Echo Investment closes 2021 with good results

by Property Forum
Echo Investment has had another successful year. The obtained net profit of PLN 189 million mainly results from handing over to customers 1,622 apartments built by Echo Investment, as well as 1,128 apartments of Archicom, an increase in the value of office buildings and stronger performance of the Libero shopping centre.
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News - Echo Investment places PLN 50 million bonds among individual investors
09
Mar
2022

Echo Investment places PLN 50 million bonds among individual investors

by Property Forum
Individual investors subscribed to all L-series bonds offered by Echo Investment. For the second time this year, the developer will issue securities with a total nominal value of PLN 50 million.
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News - AFI Europe joins Warsaw project as co-investor
24
Feb
2022

AFI Europe joins Warsaw project as co-investor

by Property Forum
AFI Europe, an international investment group, is to buy shares in the Towarowa 22 project in Warsaw. AFI Europe and Echo Investment will jointly develop the commercial part of this complex. Echo Investment will independently be the investor of the residential part and the developer of the entire project.
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News - KGAL completes acquisition of Łódź office building
10
Feb
2022

KGAL completes acquisition of Łódź office building

by Property Forum
KGAL Investment Management GmbH & Co. KG has acquired the Fuzja Office I building in Łódź with around 22,000 square meters of rental space on behalf of a pan-European special AIF. The property is certified with the first-class sustainability rating "BREEAM Excellent" and is scheduled for completion in the second quarter of 2022. The seller of Fuzja Office I is Echo Investment S.A., one of the largest listed Polish property developers.
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News - Echo Investment issues PLN 50 million of bonds for individual investors
25
Jan
2022

Echo Investment issues PLN 50 million of bonds for individual investors

by Property Forum
Individual investors subscribed to all K-series bonds offered by Echo Investment. The developer will issue securities with a total nominal value of PLN 50 million.
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News - Echo Investment sells first phase of Wrocław office building
20
Jan
2022

Echo Investment sells first phase of Wrocław office building

by Property Forum
West 4 Business Hub I, a Class A office building of an area exceeding 15,500 sqm, was acquired by Solida Capital, an investment and development company. The project of Echo Investment, which obtained the occupancy permit last year, was sold for nearly €40 million.
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Latest news


New leases

  • Local developer ELI Parks has leased 8,900 sqm within ELI Park Bacău to Aquila, the distribution and logistics company specialized in the FMCG sector.
  • Vastint Romania has announced the opening of Saint Roastery Botanica, an urban café, within Business Garden Bucharest, occupying an area of 165 sqm.
  • Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.

New appointments

  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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