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Echo increases apartments’ sale by 76 pct

In the three quarters of 2017, Echo Investment sold 885 apartments, 76 pct more than in a corresponding period of the last year. In the third quarter alone, Echo’s clients bought 335 units, while additional 200 units were reserved.

Looking forward, Echo secures the segment’s growth by acquisition of new plots. Since 30 June 2016, the Company has bought the land to accommodate over 2,700 new apartments. Recently the purchase transaction of plot for c.a. 950 units in Warsaw’s Wola district was closed. Additional plots – in Warsaw among others - for over 4,000 apartments have also been secured by preliminary agreements or are subject to advanced negotiations.

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