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Echo Sells Warsaw Office For €102M
Echo Investment has sold Park Postepu prime office complex in Warsaw to Austrian-listed real estate investor-developer Immofinanz Group.
Echo Investmenthas soldPark Postepuprime office complex in Warsaw to Austrian-listed real estate investor-developerImmofinanz Group,PropertyEUreports. Echo raised €102 million through the sale.
The facility is fully rented to national and international tenants.Erste Group Bankprovided the financing to the buyer. Echo will use the sale proceeds to secure the sources of financing of the projects prepared for the development, addsProperty Magazine International.
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