Jury Awards

Home » Awards » Jury Awards » Investment Deal of the Year, CEE

Consolidation of Echo-Archicom residential assets

Category: Investment Deal of the Year, CEE

The transaction clearly divides Echo-Archicom business into commercial and residential parts and opens up attractive opportunities resulting from its synergies. The consolidation of the residential business is a significant milestone and a chance to boost growth on an unprecedented scale. The combined resources make it easier, among other things, to improve competencies, share experience, and expand geographically. Following the transaction, Archicom absorbed residential development projects, a team of employees and a land bank from Echo Investment. In return, Echo Investment acquired 22,825,700 new Archicom shares at the issue price of PLN 36.34, achieving a share in the capital of 90.50%. Echo Investment will focus on the office, retail, PRS and flexible office segments, further strengthening its position in the commercial real estate sector, where its end clients are institutions.

Name of the deal	Consolidation of Echo-Archicom residential assets
Information about the transaction	The transaction clearly divides Echo-Archicom business into commercial and residential parts and opens up attractive opportunities resulting from its synergies. The consolidation of the residential business is a significant milestone and a chance to boost growth on an unprecedented scale. The combined resources make it easier, among other things, to improve competencies, share experience, and expand geographically. Following the transaction, Archicom absorbed residential development projects, a team of employees and a land bank from Echo Investment. In return, Echo Investment acquired 22,825,700 new Archicom shares at the issue price of PLN 36.34, achieving a share in the capital of 90.50%. Echo Investment will focus on the office, retail, PRS and flexible office segments, further strengthening its position in the commercial real estate sector, where its end clients are institutions.
The date of closing the deal	Jun-Aug 2023
Value of the transaction (in EUR)	180000000
Yield	0
Seller, plus brief information about the company	Echo Investment is a Polish real estate developer with extensive experience in key sectors of the real estate market. The company is currently focusing on the office, commercial, and PRS segments. It also undertakes mixed-use developments such as Warsaw Breweries, and Fuzja in Łódź, where people can work, live, and enjoy commercial, food, and entertainment offerings. Echo Investment is listed on the Warsaw Stock Exchange, and its main shareholders are Wing and Griffin Capital Partners.
Consultancy which advised Seller	N/A
Purchaser, plus brief information about the company	Archicom is a developer that has been creating city-forming projects for several decades. It has been operating mainly on the Lower Silesian market since 1986, and since 2016 it has been listed on the Warsaw Stock Exchange. The company grew out of a family design office with 160 completed investments including Wroclaw Breweries, the award-winning Olimpia Port estate, and Platinum Lofts in Wrocław. Its projects are places where one can work, relax, enjoy sporting activities – simply live.
Consultancy which advised Purchaser	N/A
Financing institution	N/A
Current occupancy level	0
Please say why this deal should be considered for the award	With a market value of nearly PLN 830 million, the transaction has significantly strengthened Archicom's position. It thus became a nationwide brand and one of the largest residential developers in the country. The company's offer is now available in the five largest Polish cities: Warsaw, Cracow, Wrocław, Łódź and Poznań. The nationwide scale of operations will give Archicom's business a new dynamic, and with its new team it will reach the sales potential of 4,000 apartments per year.

Name of the deal

Consolidation of Echo-Archicom residential assets

Information about the transaction

The date of closing the deal

Jun-Aug 2023

Value of the transaction (in EUR)

180000000

Yield

Seller, plus brief information about the company

Echo Investment is a Polish real estate developer with extensive experience in key sectors of the real estate market. The company is currently focusing on the office, commercial, and PRS segments. It also undertakes mixed-use developments such as Warsaw Breweries, and Fuzja in Łódź, where people can work, live, and enjoy commercial, food, and entertainment offerings. Echo Investment is listed on the Warsaw Stock Exchange, and its main shareholders are Wing and Griffin Capital Partners.

Consultancy which advised Seller

N/A

Purchaser, plus brief information about the company

Archicom is a developer that has been creating city-forming projects for several decades. It has been operating mainly on the Lower Silesian market since 1986, and since 2016 it has been listed on the Warsaw Stock Exchange. The company grew out of a family design office with 160 completed investments including Wroclaw Breweries, the award-winning Olimpia Port estate, and Platinum Lofts in Wrocław. Its projects are places where one can work, relax, enjoy sporting activities – simply live.

Consultancy which advised Purchaser

N/A

Financing institution

N/A

Current occupancy level

Please say why this deal should be considered for the award

With a market value of nearly PLN 830 million, the transaction has significantly strengthened Archicom's position. It thus became a nationwide brand and one of the largest residential developers in the country. The company's offer is now available in the five largest Polish cities: Warsaw, Cracow, Wrocław, Łódź and Poznań. The nationwide scale of operations will give Archicom's business a new dynamic, and with its new team it will reach the sales potential of 4,000 apartments per year.

Main Sponsor

Programme Sponsor

Charity Event Partner

Special Photo Event Sponsor

Welcome Drinks Sponsor

All
Charity Support
Prize Donor
Category Sponsor
Jury Awards Voting Supervisor
Security Provider

Category Sponsor Warehouse Agency Team of the Year, Poland
Category Sponsor Investor of the Year, CEE
Category Sponsor Office Agency Team of the Year, Poland
Category Sponsor The Real Estate Personality of the Year, Poland
Category Sponsor ESG Real Estate Leader of the Year, CEE
Category Sponsor Real Estate Construction Company of the Year, Poland
Category Sponsor Investment Agency Team of the Year, Poland
Category Sponsor Law Firm of the Year, Poland
Category Sponsor Investment Deal of the Year, CEE
Category Sponsor Warehouse Developer of the Year, CEE
Category Sponsor Outstanding Non-Business Achievement of the Year, Poland
Category Sponsor Financing Provider of the Year, CEE
Category Sponsor Property Management Company of the Year, Poland
Category Sponsor Tax & Financial Consultancy of the Year, Poland
Charity Support
Prize Donor
Jury Awards Voting Supervisor
Security Provider
Prize Donor
Prize Donor
Prize Donor
Prize Donor
Prize Donor
Prize Donor

Eurocee Sp. z o.o.

ul. Skierniewicka 16/20, 01-230 Warszawa

Tel. +48 22 102 69 20

All trademarks presented on this website and subpages are belonging to their respective owners. All presented footage and materials not in ownership of Eurocee Sp. z o.o. are courtesy of their respective authors / owners / copyright holders. Unauthorized use of any kind of any material from this website and its subpages is strictly prohibited.