EPP is the largest owner of retail real estate in Poland in terms of GLA. The company's portfolio consists of 31 projects (24 retail properties, 6 office locations and one planned mixed-use development) with a total value of 2.6 billion euro and leasable area of over 1,000,000 square metres. EPP’s projects are located in the most attractive Polish cities with the strongest consumer demand and growth potential.
EPP is committed to deliver the best possible rates of return to its shareholders by providing consumers with a unique shopping experience and tenants with attractive space and innovative solutions to help them develop their business. The company, which operates like a REIT, is listed on the stock exchanges in Johannesburg (JSE) in the Republic of South Africa and Luxembourg (LuxSE Euro MTF).See More
EPP was created on base of Polish cash-generating commercial projects built and held by Echo Investment, listed on Warsaw Stock Exchange (WSE) developer company controlled by consortium of the most active real estate investor in Central and Eastern Europe - Griffin Real Estate together with Oaktree and PIMCO funds. EPP invests in Poland's based commercial properties.
On 1 January 2016, a South African REIT headquartered in Johannesburg - Redefine Properties - acquired a 75% stake in EPP’s issued ordinary share capital, subsequently reducing its shareholding to just under 50% through the on-sale of EPP ordinary shares to a consortium of selected co-investors.