ARTICLES LABELLED WITH TAG Echo Investment

More and more tenants are moving into the recently completed office building in the project of My Place. The second and last office building belonging to the multifunctional project developed by Echo Investment in Warsaw's Dolny Mokotów has become a new location for companies from different industries such as technology, finance, beauty and creative sector i.e. marketing and advertising. KAN, ArsThanea, Synektik, Networks! or Bozza have joined Echo's list of tenants.

Echo Investment finalised the acquisition of a majority stake in Wrocław-based company Archicom, thus becoming the largest residential developer in Poland as the Echo-Archicom group.

In 2020, Echo Investment achieved a net profit of PLN 122 million, which was the result of hand over 1,505 apartments to clients, growth in value of the commercial projects under construction, as well as completed Resi4Rent projects.

Colliers has taken over the management of the second office building of the Moje Miejsce complex at 3 Dziekońskiego street in Warsaw's Mokotów district. The project was developed by Echo Investment. 

Institutional investors have acquired Echo Investment's bonds with a total value of PLN 195 million. The obtained funds will be allocated to the company's development, particularly in the promising residential sector.

Echo Investment has started the construction of the Brain Park office complex in Kraków. Over 43,000 sqm of workspace and almost 10,000 sqm of green areas will be developed at Aleja Pokoju, one of the city's main arteries. The first phase of the project will be completed in the third quarter of 2022.

Villa Offices, part of the Warsaw Brewery complex, was acquired by KGAL Group, a leading independent investment and asset manager. The building was sold for approximately €86.7 million.

A newly opened project at Taśmowa Street with over 370 apartments joins Resi4Rent buildings in Warsaw Brewery and at Suwak Street.

Colliers has taken over the management of the second building of the Face2Face Business Campus office complex in Katowice, developed by Echo Investment and designed by Grupa 5 Architekci.

Upon completing the acquisition of a 66% stake in Wrocław-based developer Archicom, Echo Investment is set to become the largest residential developer in Poland. Nicklas Lindberg, CEO of Echo Investment talked to Property Forum about the recent acquisition, dealing with the effects of the pandemic and Echo’s plans for the nearest months.