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
January 2016 – Echo Polska Properties BV (currently EPP BV) established in the Netherlands. The company becomes the owner and manager of all profit-generating commercial projects built and commercialised by Echo Investment S.A.
June 2016 – Redefine Properties, a South African REIT fund with its headquarters in Johannesburg, the Republic of South Africa, acquires 75% of shares in EPP BV and then reduces its stake to 50% through the sale of ordinary shares to a consortium of investors. Echo Investment S.A. holds 25% of the company's shares. Hadley Dean becomes CEO of EPP.
August-September 2016 – EPP goes public on the Luxembourg (LuxSE Euro MTF) and Johannesburg (JSE) in the Republic of South Africa stock exchanges on 16 August and 16 September respectively. The company's portfolio at that time is worth 1.2 billion euro.
December 2017 – the company executes one of the largest transactions in the history of the Polish commercial real estate market, taking over 12 M1 shopping centres and parks worth 692 million euro. The acquisition is divided into three stages, the first of which is completed in January 2017, the second in June 2019 and the last one is planned for June 2020.
June 2018 – the company decides to use only the name EPP.
November 2018 – Echo Investment in line with its investment strategy sells the last shares in EPP.
June 2019 – Henderson Park takes over 70% of shares in the portfolio of 11 newly constructed office buildings from EPP. EPP holds a 30% stake in the joint venture and will continue to manage properties in cooperation with Henderson Park.