Echo-Arena, a subsidiary of Echo Investment, has signed an agreement to sell the Brain Park C office building in Kraków to Greenstone Brain Park sp. z o.o. for EUR 32.37 million (net). The transaction was disclosed through Echo Investment’s regulatory filing. Closing will take place after standard conditions are met.
Brain Park is a three-building office complex located in the Grzegórzki district of Kraków. The current agreement concerns Building C. The buyer, Greenstone Brain Park, is part of the Greenstone investment group, which has been increasing its presence in Poland’s regional office markets.
Echo Investment develops projects across the residential, commercial and office sectors and has been listed on the Warsaw Stock Exchange since 1996. According to its latest published financial results, the company generated PLN 1.08 billion in consolidated revenue in 2024.
The transaction continues the trend of selective office disposals by developers in Poland’s regional markets, where investment activity is increasingly driven by stabilised, income-producing assets.