Echo starts Galaxy extension

Echo Investment will soon start extension work on the Galaxy shopping centre in Szczecin, after obtaining the final building permit, Eurobuild CEE informed. The mall is to be enlarged from a leasable area of 42,000 sqm to 60,000 sqm, while the number of stores will grow from around 170 to 200. The company has announced that the extended section should be completed in October 2017. BZ WBK and Erste Group Bank provided loans of €342 million and PLN 15 mln in December, which was a record amount for the company. The shopping and entertainment center, which was opened in 2003, is located on al. Wyzwolenia 18.