Store of eobuwie.pl in Galeria MłocinyIt will be the largest and most modern store of eobuwie.pl in Poland. The most cutting-edge footwear retail chain in the country has decided to extend the space leased four times in Galeria Młociny from 580 sqm up to 2,300 sqm. All this to create the first two-level store, where we can find almost 200,000 pairs of shoes - as much as 70 traditional stores - and also offer an online order delivery service on the same day.
Office buildings in Browary Warszawskie shoot upOffice buildings in Browary Warszawskie shoot up. The Gatehouse Office building was delivered in December and the construction of the Villa Office building can be seen from Grzybowska street. Echo Investment also executes the construction work on the foundations of the largest office building in Browary Warszawskie – the Malthouse Office. A good pace of construction is accompanied by the leasing process.
Echo Investment sold the first office building at Warsaw BreweryA fund managed by GLL Real Estate Partners has acquired Gatehouse Offices – an office building constructed by Echo Investment at Warsaw Brewery complex, with the space leased by such companies as L’Oréal Polska, WeWork, Epam Systems Poland and Sony Interactive Entertainment Polska. The parties signed a preliminary agreement in November last year.
Meating Point to open in Moje MiejsceHealthy and international cuisine served in the Meating Point restaurant chain will be available to office workers and residents of Moje Miejsce in Warsaw’s Dolny Mokotów district. The format, which office connoisseurs in Kraków and Gdańsk have fallen in love with, is opening its second Warsaw location.
Echo Investment records another great yearWith the full-year net profit at PLN 305 million, Echo Investment can announce that 2018 was another successful year for the company real estate development business and the implementation of its profitable growth strategy. Currently, Echo Investment has projects under construction and in preparation with the total usable area of c.a. 1.3 million sqm, or nearly 20% more than at the end of 2017. Last year Echo Investment handed over projects with more than 160,000 sqm of residential, office and retail space, including its 150th project of its history - Libero shopping center in Katowice. Echo decided to pay its shareholders an advance dividend from the 2018 net profit as early as in December 2018.
Bjarke Ingels Group presents Towarowa 22 in WarsawCopenhagen, New York, Paris, Toronto, Washington – just some of the cities, which enjoy buildings designed by the international architectural firm BIG founded by Bjarke Ingels. The list will soon be extended by a 230,000 sqm urban plan in Warsaw: Towarowa 22 unveiled earlier today at the 2019 MIPIM international real estate exhibition in Cannes.
Małgorzata Turek joins the Management Board of Echo InvestmentEcho Investment’s Supervisory Board appointed Małgorzata Turek as Member of the Management Board. She will be responsible for investment, divestment and planning department.
Echo Investment declares that office projects in WroclawAfter the success of the West Gate and West Link office buildings, the time has come for West 4 Business Hub. Echo Investment declares that office projects on Na Ostatnim Groszu Street in Wroclaw will be continued and another more than 80,000 sqm of functional office space will be developed. The first West 4 building is planned for use in the third quarter of 2020.
Echo Investment changes former Karol Scheibler’s factory Soon, former Karol Scheibler’s factor on Tymienieckiego street, in Księży Młyn neighborhood, will become an open and friendly part of Łódź, a comfortable for living, work-inspiring and leisure-attractive place. Its developer, Echo Investment, starts the revitalization of this post-industrial compound. Today, Nicklas Lindberg, chief executive officer at Echo Investment, in the presence of Hanna Zdanowska, the Mayor of the city of Łódź, presented a project of the investment.
Echo Investment are responsible for the life health &wellbeing of employees at our construction sitesOver 8.3 million working hours at 30 construction sites, which are run in line with the Health Safety & Environmental (EHS) Management System adopted in the company. “We are responsible for the life health &wellbeing of employees at our construction sites, which is why we attach so much importance to these issues” says Steve Iddon, the director of health and safety at Echo Investment.
250,000 sqm of office space planned by Echo InvestmentL'Oreal, WeWork, EPAM, Havas and Inter Cars - these are only some companies that chose office space from Echo Investment last year. In 2018, the developer signed lease agreements for a total 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.
Galeria Młociny over 90% leased Medicine Everyday Therapy on the list of tenantsMedicine Everyday Therapy at Galeria Młociny will be the largest store of the chain in Poland. The flagship store arranged in line with the latest concept of the brand will occupy 540 sqm in the complex built by Echo Investment. Thanks to this contract, the lease level exceeded 90%. The opening of Galeria Młociny is planned at the turn of March and April next year.
December 2018 was the busiest and most successful month for residential department of Echo InvestmentDecember 2018 was the busiest and most successful month for residential department of Echo Investment, when 142 apartments was sold and 254 – handed over to clients. The full 2018 results are 950 apartments sold and 986 handed over, what will be reflected in financial results.