This year EXPO REAL Fair in Munich - one of the biggest and most important in Europe meetings of the real estate market representatives - was an important event also for Echo Investment.

On the second day of the Fair, the Financing Department Director, Mr. Grzegorz Iwański of EI and Mr. Dariusz Salamonowicz of Eurohypo bank signed this year’s biggest in Middle Europe developer’s credit agreement in the amount of 100 million EUR for financing of the Echo Gallery extension.

Signing of the agreement took place in the presence of the bank’s management board and media gathered in large numbers. Press releases covering this event appeared on the next day, among others in: German EXPO REAL NEWS and IMMOBILIEN ZEITUNG, and also in all respected Polish trade papers and Internet portals.

Another accent was participation of Mr. Adrian Karczewicz – a Director from Financing Department in an international discussion panel ‘Investment Location Forum – Poland’. The discussion, moderated by Mr. Gary Morrell, Editor in Chief of Europaproperty, focused on defining of Poland’s position in the UE region with regard to its investment attractiveness. According to the panel’s participants, Poland is a market which is still developing and, on the other hand, it’s a very stable country. This increases the interest put in our country, and the present situation is favourable to big Polish companies, because only such companies have a chance to cooperate with banks. Besides Adrian Karczewicz, other participants in the discussion were: Alan Aleksandrowicz, President of the Board of Gdansk Economic Development Agency Ltd., Michael Kröger, Head of International Real Estate Finance - Northern and Central Europe, Helaba Landesbank Hessen-Thüringen and David Yearn, Business Development Manager for Poland & Czech Republic of First Title.