Echo Investment secures first tenant for flagship Warsaw project

L’Oréal Polska is the first tenant to have signed a lease agreement for office space in the Browary Warszawskie mixed-use project which Warsaw Stock Exchange-listed developer Echo Investment is now developing in the Wola district of the Polish capital. The company will occupy almost 7,000 sqm in the first office building that will be completed within the scheme. It will move into its new premises next year. The Browary Warszawskie development will be located on a 4.4-hectare post-industrial site that previously housed a brewery. The investment – which will include 50,000 sqm of office space, as well as retail and residential areas – will involve the revitalization of a number of historic structures and the construction of five new residential buildings and three new office buildings. It was designed by JEMS Architekci and is scheduled to be completed in 2020.