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Echo lays out strategy

Anna Pakulniewicz 04 October 2018

Anna Pakulniewicz

Journalist

+48 22 356 25 07
anna@eurobuildcee.com

Ania covers the Baltic states’ real estate markets, architecture and urban planning in Warsaw as well as interior design. She is also the co-founder of Eurobuild TV. Among others, she has been employed by TVN CNBC, PAP Insider, WBJ (The Observer), Poland Monthly and IMM. She graduated from the Warsaw School of Economics, majoring in international relations. She has also completed postgraduate studies in macroeconomic analysis. In addition to this, she studied Lithuanian philology

Echo lays out strategy
Osiedle Jaśminowe III in Poznań

POLAND Echo Investment sold 718 apartments over the first three quarters of 2018, and delivered 396 to clients. By the end of the year, the company expects to have signed 1,100 preliminary sales agreements and to have handed over 1,000 apartments.

“We have adapted our sales strategy to the current market conditions of high demand, quick sales and rising prices. With our new approach, around 20 pct of a project’s units should still be on sale by the time construction ends. In our experience, the margin on completed apartments is higher, because clients can see the inside of a premises before concluding the transaction and move in almost immediately,” explains Nicklas Lindberg, CEO of Echo Investment.

Over the first nine months of the year, Echo Investment launched new projects in Kraków, Poznań and Warsaw and soon work on further developments is to begin in Warsaw, Łódź and Wrocław.

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