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JSE listed Echo Polska Properties (EPP) today announced an agreement to dispose of an office portfolio for 160 million.

Tuesday, 05 September 2017 15:39

Echo Polska Properties exceeds interim targets

SE listed Echo Polska Properties (EPP) - the pure Polish property play - today released interim results for the six-month period ended June 2017 (“the period”) with distributions of 5.192 eurocents a share 3.2% ahead of budget.

Echo Polska Properties NV (EPP) today announced the acquisition of another retail asset Galeria Solna in Inowrocław, North West Poland.

Echo Polska Properties NV (EPP) announced results for the three months ended 31 March 2017 with distributable earnings 3,2% ahead of budget at €16,0 million.

Echo Polska Properties NV (EPP) today announced the conclusion of the acquisition of three retail assets located across Poland from real estate funds managed by Blackstone for €141.60 million.

Listed property specialist Plexus Wealth has launched a second property fund, the Plexus Wealth BCI Flexible Property Income Fund, to provide investors and retirees with a higher income option.

Echo Polska Properties, the dual JSE and LuxSE listed ‘pure Polish property play’ announced earlier today.

Echo Polska Properties NV (EPP) has made two new board appointments following the annual general meeting on 19 May 2017:

JSE-listed diversified real estate investment trust Redefine Properties has delivered another solid performance after increasing its distribution by 7.5% to 44.82 cents per share for the six months to 28 February 2017.

Echo Polska Properties NV (EPP) has concluded an acquisition agreement to acquire a 70% stake in Galeria Młociny in Warsaw for €29 million from Rosehill Investments sp. z o.o. Galeria Młociny will be developed at an estimated development yield on cost of approximately 7.1% and on completion is expected to be accretive to EPP. 

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