Name of company
Echo Investment S.A.
Name of President or Managing Director for Poland
Nicklas Lindberg
President or Managing Director for Poland profile
Nicklas Lindberg is responsible for the strategy and development of Echo Investment. For 15 years he had been with Skanska where he worked as the President for Skanska Commercial Development Europe (CDE), Skanska’s business unit that develops properties in CEE, and the head of Skanska Property Poland, a unit within Skanska Commercial Development Europe. In the 2008- 2015 period he worked for Skanska Russia, as both CFO and CEO. Appointed CEO of Echo Investment on 18 April 2016.
Projects completed between October 2018 and September 2019
• Libero, Katowice – 45,000 sqm GLA, opened in November 2018
• Galeria Młociny, Warsaw – the largest project Echo Investment has developed so far, comprising ca. 85,000 sqm of leasing space, opened in May 2019. Echo Investment owns 30% stake in the scheme.
Value of the projects completed between October 2018 and September 2019 (in EUR)
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Size of the projects completed between October 2018 and September 2019 (GLA)
130,000 sqm.
Portfolio of all completed properties currently held by your company
• As a pure developer, Echo Investment holds no standing assets.
• Once office or retail buildings are completed and fully leased, we sell them when they constitute an optimal investment product in order to invest the money generated in subsequent projects. Now, it is properties under construction that constitute the main part of the company’s assets.
• Galeria Młociny, Warsaw – the largest project Echo Investment has developed so far. Galeria Młociny gives Warsaw residents access to more than 200 stores with a mix of quality brands. Primark also confirmed in July its presence in Galeria Młociny, its first location in Poland. The building is 30% owned by Echo Investment and remaining 70% is owned by EPP.
• Galeria Libero, Katowice – on the area of 45,000 sqm, over 150 stores and service outlets are located. The complex includes both premium clothing brands, as well as well-know chain stores. Libero also invites its clients to one of the most modern cinemas in Poland, Helios.
Value of the projects currently held by company (in EUR)
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Size of the projects currently held by company (GLA)
130,000 sqm.
Properties sold between October 2018 and September 2019
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Value of the projects sold between October 2018 and September 2019 (in EUR)
-
Size of the projects sold between October 2018 and September 2019 (GLA)
-
Projects in progress
Multifunctional projects such as:
- Warsaw Brewery, Warsaw
- Fuzja, Łódź
- Kabaty, Warsaw (early stage)
- Towarowa 22, Warsaw (early stage)
Value of the projects in progress (in EUR)
-
Size of the projects in progress (GLA)
-
Projects in the pipeline
Multifunctional projects such as:
- Warsaw Brewery, Warsaw
- Fuzja, Łódź
- Kabaty, Warsaw (early stage)
- Towarowa 22, Warsaw (early stage)
Please say why your company should be considered for the award
Years of experience in 3 key real-estate sectors gave us the edge when implementing large, multi-functional, city-forming developments. The company looks for bold projects, consults them with top-class experts, takes into account the latest urbanism trends and thanks to local experience and knowledge it is able to optimize them to suit prevailing conditions. As a result, places arise that are in-tune with the specific needs of communities. Thus Echo Investment is focused on developing multifunctional, destination complex projects, new parts of cities attracting people to live in, work and spend their free time. This part of the business today amounts up to ca.42% of the total sqm of projects under construction and projects in the pipeline. The ongoing destination projects are Warsaw Brewery and Fuzja. They are possible only by putting together all the competences within the company and experience to create urban destinations where the inhabitants of cities can live, work and entertain.
