PROPERTY
JSE-listed Echo Polska Properties (EPP) has concluded an agreement to acquire 70% of the mixed-use Galeria Mlociny shopping centre, in Warsaw, Poland. The investment will be effected through EPP’s acquisition of 70% of the equity in Rosehill Investments, for an aggregate consideration of €29-million, from Powell Real Estate International, Elsoria Trading, Terbanacle and Terbanacle Investments.
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