Current report no. 1/2018 - Echo Investment

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Current reports

04-01-2018 08:29

Current report no. 1/2018

Information on the number of apartments sold in Q4 2017 and in 2017

The Management Board of Echo Investment S.A. (hereinafter referred to as the ‘Issuer’) hereby reports that:

- In Q4 2017 the Issuer and Issuer’s subsidiaries sold 531 apartments on the basis of preliminary contracts (compared to 422 apartments sold in Q4 2016);

- In 2017 the Issuer and Issuer’s subsidiaries have sold 1.427 apartments on the basis of preliminary contracts (compared to 925 apartments sold in 2016);

- In Q4 2017 the Issuer and Issuer’s subsidiaries concluded 610 final contracts which transferred the ownership of apartments to clients (compared to 65 such contracts concluded in Q4 2016);

- In 2017 the Issuer and Issuer’s subsidiaries have concluded 1.006 final apartment sales contracts (compared to 451 final contracts concluded in 2016).

Legal basis: Art. 17 section 1 MAR – confidential information.