18:32 16 August 2025
R4R Poland from Echo Investment Group to Sell Institutional Rental Companies for PLN 2.4B
Resi4Rent (R4R Poland), in which Echo Investment holds a 30 percent stake, will sell 100 percent of shares in 18 companies operating in the institutional rental market to Vantage Development for PLN 2.4 billion, Echo Investment announced.
As part of the deal, Vantage Development – a subsidiary of Hamburg-based TAG Immobilien Group – will acquire 5,322 completed units designated for rental.
The agreement is conditional upon receiving approval from Poland’s Office of Competition and Consumer Protection (UOKiK) for the concentration, as well as consent from banks financing the project.
The final share purchase agreement is expected to be signed by December 15, 2025.
