Moneyweb: Echo Polska cashes in on retail in Poland (part 2)

It has been a slow start for Poland-focused property company Echo Polska Properties (EPP) in articulating its corporate strategy to income-chasing investors since its JSE listing seven months ago. Underscoring this is its share price performance, which has fallen (along with other offshore counters in SA’s real estate sector) by 21% since September last year. But the company, with a market capitalisation of R10.7 billion, plans to reposition its property investments towards Poland’s retail market to turn its fortunes around.

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