EPP (Echo Polska Properties N.V.) and Echo Investment S.A. (“Echo Investment”) are pleased to announce the conclusion of a formal and binding agreement in terms of which they will purchase the 22 Towarowa Street property from Griffin Real Estate (“Griffin”), Poland’s leading real estate fund on which retail development will be undertaken.

Echo Polska Properties N.V. (EPP), a leading Warsaw-based real estate investment fund debuted on the main board of the Johannesburg Stock Exchange (JSE) today under the abbreviated name “PolskProp” and JSE share code of EPP. Hadley Dean, EPP’s Poland based CEO was present to blow the traditional kudu horn to commemorate the company's entry on the JSE.

Today Redefine Properties has fulfilled all of the conditions necessary to finalise its 75% plus one share investment into a 1.2 billion Euro high-yielding commercial platform comprising 18 properties in the Polish market.

Most Popular

Impact of fuel price increase on commercial property

Jun 02, 2022
John Loos
It is well-known that the cumulative fuel price increase has added significantly to…

Fluxmans signs long lease with Growthpoint Properties for Illovo Corner offices

Jun 02, 2022
Illovo Corner
South African law firm Fluxmans has signed a long lease with Growthpoint Properties (JSE:…

Rebosis Property Fund bids farewell to Dr Anna Mokgokong, the founding independent non-executive director and chairperson

Jun 02, 2022
Dr.-Anna-Mokgokong
Rebosis Property Fund, a JSE listed real estate investment trust (REIT) with a…

Rebosis reports improved operational performance for six months to end February 2022; focus remains on portfolio optimisation

Jun 01, 2022
Otis Tshabalala Rebosis Property Fund
Rebosis Property Fund, a JSE listed real estate investment trust (REIT) with a…

Please publish modules in offcanvas position.