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Great activity of Echo Investment since the begging of 2012

Galeria Amber w Kaliszu - wizualizacja.

Since the beginning of 2012, Echo Investment from Kielce has gained a new tenant for Galeria Amber which is being constructed in Kalisz, concluded a credit agreement concerning realisation of Galeria Olimpia in Bełchatów with Nordea Bank Polska SA and is conducting design works and the commercialisation process for a centre in Lublin.

Over 1200 sqm will go to RTV Euro AGD store, which is to appear in Galeria Amber realised by Echo Investment in Kalisz. The scheme houses 140 stores - Echo Investment is currently finalising agreements with renowned clothing chains and a hypermarket. The opening of the scheme, which leasable area totals 33 500 sqm, is scheduled on Q2 of 2013. Moreover, at the end of the last year, the investor from Kielce has signed a general contracting contract with Eiffage Budownictwo Mitex S.A, which value amounts to over PLN 162 million net.

Echo Investment has also signed a credit agreement with Nordea Bank Polska SA, worth EUR 15.3 million. Obtained funds will be used for the realisation of Galeria Olimpia in Bełchatów. “We have chosen a general contractor - Polimex-Mostostal SA, and we have secured financing for the investment. We have completed the commercialisation process of large and medium retail areas. The scheme currently offers space only for small stores and service points. Nine months before the opening, the scheme is over 80 percent let,” says Marcin Materny, Director of Shopping Centres Development Division at Echo Investment.

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