Echo Investment to develop huge retail scheme in Warsaw

Echo Investment will be acquiring a 100,000 sqm retail project from its main shareholder, Griffin Real Estate, according to ISBnews. Griffin denied the news. The scheme is to be carried out in the Wola district of Warsaw, on the site of the former Jupiter shopping mall. It is to have a tunnel connection with Rondo Daszyńskiego metro station. Echo Investment will be looking for a passive investor in the scheme, ISBnews also reported.