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04.10.2017
Echo increases apartments’ sale by 76%
Echo increases apartments’ sale by 76%

In the three quarters of 2017, Echo Investment sold 885 apartments, 76% 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.

“Over last two years, Echo has strengthened its position in the residential market pursuing the goal to become the market leader in two to three years. The sales dynamics proves we are on a good track.  According to our plans, 2017 was to be our record year and now it is evident Echo that by the end of December Echo will sell 1,300 units and will hand at least 925 apartments to their future owners. Looking into the future, we have already started new attractive projects, such as Osiedle Perspektywa II in Poznań, Nowa Dzielnica in Łódź and Zebra in Wrocław,” says Waldemar Olbryk, Residential Department Director at Echo Investment. 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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