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14 February 2012
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22 February 2012
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03-04 May 2012
Vienna, Austria
Echo Investment launches operations in Ukraine with Kiev office project
Warsaw-listed developer and manager Echo Investment plans to construct an office park with leasable area of some 100,000 sq.m. in Kiev, Ukraine. Echo bought 100% of Ukrainian firm Yevrobudgarant for about $26m which owns the property for the project. The investment stems from Echo's strategy of expanding property development operations throughout CEE countries, says CEO Piotr Gromniak. It began investing in Hungary in 2006 and Romania in 2007, and has had a presence in Ukraine since 2007.