ARTICLES LABELLED WITH TAG Echo

28
Nov
2024

Echo Investment Group reports strong results after three quarters

by Property Forum

After nine months of this year, the Echo Investment Group has strengthened its position in key sectors of the Polish real estate market. It has also entered the private student housing segment, starting the construction of two projects. The total value of the Group's assets at the end of September amounted to PLN 6.6 billion (ca. €1.5 billion), while cash reserves exceeded PLN 469 million (ca. €107.5 million). In November, Echo signed a conditional sale agreement for the React office building in Łódź.

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10
Jun
2022

AFI buys 70% of Towarowa 22 project for €180 million

by Property Forum

EPP has finalised the sale of its 70% stake in the Towarowa 22 mixed-use project in Warsaw to AFI Europe. It is historically one of the largest land transactions in Poland in terms of value, with the total plot value exceeding €180 million.

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Latest news

New leases

Amsterdam Standard, a Dutch technology company has moved into Kraków's Porto Office B office building. Its new office occupies nearly 600 sqm.
The brands Join UP! and SkyUpTM, previous tenants of space in the Adgar Wave office building in Warsaw, are relocating. They will continue to rent offices from Adgar Poland. The companies have moved into a 900-square-metre office previously occupied by employees of the building's owner.
An electronics manufacturer has leased nearly 11,000 sqm of manufacturing space at Prologis Park Wrocław V. The tenant belongs to a larger group of companies based in Hong Kong.This is the company's first headquarters in Poland.

New appointments

Dariusz Blocher has resigned from the position of chair of Unibep. The supervisory board has appointed Andrzej Sterczyński as president of the company from January 1st, 2025.
Agnieszka Słomka-Gołębiowska has resigned from her position as a member of the Supervisory Board and chair of the Audit Committee of Ghelamco Invest. The position of member of Ghelamco's Supervisory Board will be filled by Lidia Jabłonowska-Luby. An existing member of the Audit Committee, Jarosław Myjak, was also appointed to act as chairman of the Audit Committee.
MLP Group is from now on working with a smaller board of directors. Monika Dobosz has resigned from her position. She had served on the company's board since July 2022, when she was appointed to the board together with Agnieszka Góźdź.

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