Echo from the top

Feature
Nicklas Lindberg, Skanska’s former manager for the CEE region and now heading Echo Investment, has ambitions to turn the company into the most effective development machine around after its sale to a consortium including Griffin Real Estate, Pimco and Oaktree, as well as the sale of 75 pct of its standing assets to Redefine Properties
Rafał Ostrowski, Tomasz Szpyt, ‘Eurobuild CEE’: Why have you decided to take over at the helm of Echo Investment? Nicklas Lindberg, chief executive officer of Echo Investment: I spent 15 fantastic years at Skanska, but there came a time when I wanted to do something new. And it was a great opportunity for a change, as I saw so much potential in Echo Investment. It was also an opportunity to be really on top of this company. At Skanska, of course, I was deciding things as well, but I reported to the next layer above me. What strategic changes are you planning for Echo? We have already carried out many strategic changes. We concluded the deal with Redefine, where we have taken all the assets we have on the balance sheet and shifted them to a new company, Echo Prime Properties. This is the first step in transforming Echo Investment from a company that builds and keeps assets to a developer that is not the end keeper of these buildings. Some of the assets may be sold to R
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