International
15:00 15 September 2020
Post by: WBJ

Echo Investment shareholder WING named Hungary’s top real estate developer

WING has been recognized as the best real estate developer in the mixed-sector in Hungary in the prestigious Euromoney Real Estate Survey. WING has established itself as the leading developer in Hungary, delivering total more than 1 million sqm of high quality space to clients in all segments of the real estate market. WING is on track to deliver 300,000 sqm of new space in Hungary and has successfully expanded in the CEE region by acquiring a majority stake in Poland’s Echo Investment.

“Our commitment to creating outstanding buildings and delivering the best quality is well reflected in this recognition. We will continue to focus on exceeding our clients’ property-related expectations. We are not only thriving in Hungary, but we have also begun a new chapter in WING’s history with the acquisition of Echo Investment, which plays a strategic role in our portfolio and opens new growth  opportunities for us in Poland and at a regional level,” Noah Steinberg, Chairman and CEO of WING, said.

WING has a majority stake (66 percent) in Poland’s biggest developer Echo Investment, which is the only developer in the country with an extensive experience in three sectors of the real estate market: residential, retail, and office. The company has completed 180 real estate projects with a total area of 1.9 million sqm, and it currently has 90 projects under construction or preparation. 

(WBJ)


echo investment
real estate
hungary
wing
noah steinberg
euromoney

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