Record-breaking transactions and solid financial foundation are reinforcing Echo Group’s growth, focusing on new living projects. The company also plans to distribute a dividend to its shareholders. As of the end of September 2025, the Group’s total assets amounted to PLN 7.1 billion.

In Q3 2025 and shortly after the quarter closed, Echo Group completed some of the largest real estate transactions in Poland.

“Reviving investment activity is driving interest in mature, fully leased assets with strong ESG performance. The proceeds from recently executed deals will support new Echo projects in the living and mixed-use sectors. We have strengthened our foundations and created room for further growth. The Group’s structure will increasingly reflect our focus on development activity,” says Nicklas Lindberg, CEO of Echo Group.

Resi4Rent – in which Echo holds a 30 percent stake – signed a conditional agreement to sell 18 completed projects (more than 5,300 units) to Vantage Development of the TAG Immobilien Group. The transaction, valued at PLN 2.4 billion, is the largest in the history of Poland’s PRS sector once completed.

In Warsaw, Echo sold the remaining 30 percent stake in the fully leased Office House building (the first stage of the Towarowa 22 super-quarter) to AFI, at a property value of EUR 160.5 million. Libero Katowice shopping centre was sold to the Summus Capital holding for EUR 103 million – the largest single-asset retail acquisition in Poland this year. Meanwhile, Brain Park C office building in Kraków was acquired by Greenstone Asset Management for approximately EUR 33 million.

Strong performance in living and residential

During the first three quarters of the year, Echo Group handed over 1,118 apartments to buyers, including 714 in Q3. At the end of September, nearly 6,400 units were under construction. Projects under preparation will deliver more than 11,900 units for sale, reinforcing Archicom’s position as one of Poland’s leading nationwide residential developers.

In the build-to-rent segment, Resi4Rent delivered 369 new units in Q3 2025. More than 3,000 units are currently under construction or in preparation, strengthening the platform’s leading position in Poland’s largest cities.

Echo Group is also expanding in the private student housing sector. In Q3 2025, the company completed the first three StudentSpace projects in Kraków, offering a total of 1,221 beds. Construction has also started on a 500-plus-bed residence on Wołoska Street in Warsaw, scheduled for completion in autumn 2026.

High tenant interest in destination projects

Echo Group continues to advance key destination projects in Warsaw, Wrocław and Kraków, which are attracting strong tenant demand. Within the Towarowa 22 super-quarter in Warsaw, construction has begun on the AFI Tower – a skyscraper offering more than 50,000 sqm of office space. In Kraków, the two WITA office buildings (18,000 sqm for lease) have already reached their final height. In Wrocław, the Swobodna SPOT office building is set for delivery in early 2026.
At the end of Q3 2025, the Group’s office portfolio totalled nearly 119,000 sqm in operation and almost 113,000 sqm under construction or preparation.

Dividend plans supported by strong cash position

Echo Group’s plans continue to be backed by long-term partnerships with reputable financial institutions. A recent example includes a construction-investment and VAT financing loans from PKO Bank Polski S.A. totalling EUR 28.5 million for the development of Swobodna SPOT.

“The sale of selected assets in the second half of this year has significantly strengthened the Group’s cash position. We are now in a position to launch new projects, reduce debt and distribute a dividend to our shareholders,” says Maciej Drozd, CFO of Echo Group.

The Group’s performance and strong financial standing have contributed to the decision to pay an advance dividend for 2025 at the beginning of December, with more than PLN 330 million allocated for this purpose.