Echo Investment SA has sold to the Catalyst Capital Investment Group three projects situated in Łódź: Business Center and Entertainment Center at Piłsudskiego Avenue and Orion office building at Sienkiewicza street, and also shopping center Świętokrzyski Arcade situated in Kielce at Massalskiego street.
The value of the transaction equaled almost 249 million PLN.
Means acquired from the transaction shall be assigned to carry out the investment plans of the Echo Investment Capital Group, particularly next phases of construction of shopping centers in Kielce and also to complete the office buildings in Cracow, Łódź and Katowice.
CATALYST CAPITAL is an investment group specializing in purchasing and managing a portfolio of office, commercial, industrial, and logistic real estate. The Group executes its activities basing on the funds managed in partnership with European and North American investors.
Catalyst Capital is constantly seeking further investment opportunities in key European markets, in particular in well-developed Central European countries and also in France, Italy and Germany.
The Group was established in 2001, as a result of purchase of Greenwich Group International LLC by the management and key managers of the company European branch office.
www.catalystcapital.com