38 new projects of total area for lease and sale equaling 630 thousand square meters and market value of about 1,3 milliard EURO; active development in all sectors of previous activity; strengthening of the position on Polish real property market; investments in the countries of Middle and Eastern Europe: - these are the plans of Echo Investment for the following years.
According to Jarosław Grodzki, president of the board of Echo Investment, the main target of the company is to ensure a long-term growth of its value. „The company is going to accomplish this goal through further building and raising the quality level of commercial real estate portfolio – offices and shopping centers - meant for lease. Another, equally important sector, will be the developer’s activity on the housing market and increasing of commitment in real property market, first of all in the sector of apartments’ construction. The investment plans for years 2007-2011, resulting from the adopted strategy, assume the increase of office buildings portfolio by 170%, and the shopping centers’ portfolio by 150%. We also assume increase of the annual level of apartments’ sale by 300%.”
Financing of the above-mentioned plans the company intends to acquire first of all through target credits for the dependant companies, from current and turnover credits, and also through the program of issuing of bonds which the company has been using since 2004.