Echo finalizes €360 mln takeover of four M1 shopping centers

Listed on the Johannesburg Stock Exchange Echo Properties Polska completed the takeover of four M1 shopping centers with 194.4k sqm of GLA for €358.7 million, the company said in a market filing. This is the first part of the bigger, €692 million deal in which EPP will buy eight M1 centers and four ...

EPP to acquire major retail portfolio for €692 mln

Investor Echo Polska Properties (EPP) is to acquire twelve M1 shopping centers and retail parks across Poland from an entity owned by PIMCO, Oaktree and Redefine Properties for a total of €692 million. The company will buy the assets in three tranches with the transaction expected to be closed in mi...