schedule 27 November 2024
Echo Investment signed a conditional sale agreement for React, the office building in Łódź. Upon conclusion of the deal, the asset will be acquired by Summus Capital, an Estonian-based investment company.
The transaction value is EUR 32.5 mln. CBRE and Greenberg Traurig advised the seller in the transaction, while Penteris advised the buyer on the deal.
Summus Capital is a real estate investment holding group established to invest in commercial real estate across all three Baltic countries and has decided to expand its activity to other CEE countries. Its portfolio includes retail, office, logistics, and medical properties.
We are thrilled to enter a new market in Łódź with the purchase o
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