Sharenet Sites 
Sharenet Sites
Acquisition of Galeria Solna
ECHO POLSKA PROPERTIES N.V.
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
LEI Code: 7245003P7O9N5BN8C098
(“EPP or “the company”)
ACQUISITION OF GALERIA SOLNA
Shareholders are informed that EPP has concluded an acquisition agreement to acquire another retail asset, Galeria Solna in
Inowroclaw, North West Poland. The purchase consideration was €22.4 million, based on the asset value of €55.4 million.
CEO Hadley Dean says: ‘We are excited to add another regionally dominant centre to our portfolio which advances our claim of
building a Polish retail property champion. In the last 9 months EPP has added 7 retail properties to its portfolio, which now has
properties situated in 16 major retail locations across Poland.’ In line with EPP strategy, the 24 000m² centre is located in a regionally
growing Polish city with a large catchment area and a proven track record since opening in 2013.
Galeria Solna boasts 100% occupancy with 92 shops and anchor tenants including Tesco, McDonalds, LPP Group brands (Reserved),
H&M, Rossmann, Media Markt, Martes Sport, Deichmann, CCC, Smyk, Empik.
Galeria Solna has been awarded the prestigious BREEAM certificate for the building's environmental standard.
Poland’s solid macroeconomic fundamentals as well as initiatives such as the state child allowance are expected to continue impacting
positively on purchasing power. “With this retail growth we intend doubling the value of our retail portfolio by 2019 and becoming
the Polish retail landlord of choice which will enable us to further leverage our retail portfolio and platform with retail tenants,” says
Dean.
Categorisation of the transaction
The transaction is not categorisable in terms of paragraph 9.5 of the JSE Listings Requirements and is not subject to approval by EPP
shareholders.
13 July 2017
JSE Sponsor
Java Capital
LuxSE Listing Agent
M Partners
For more information:
Magda Cieliczko, Marketing Director Echo Polska Properties
Mobile: +48 603 203 619
magda.cieliczko@echo-pp.com
Java Capital, JSE Sponsor
Phone: +27 11 722 3050
M Partners, LuxSE Listing Agent
Phone: +352 263 868 602
Singular System IR
Michèle Mackey / Jacques de Bie
+27 (0)10 003 0700/+27 (0)82 497 9827
michele@singular.co.za; Jdebie@singular.co.za
Date: 13/07/2017 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
