Profil:
Echo Investment SAArchicom developer sells 530 flats in Q1, up from 410 in prior year period
Listed developer Archicom, as part of the group's operations and as part of its management of residential projects for the Echo Investment Group, concluded 530 preliminary agreements for the sale of residential units and development agreements in the first quarter of 2025, up from 410 agreements concluded in the first quarter of 2024, Archicom said in a market filing.
As stated, 60 contracts are direct sales of the Echo group executed by the Archicom group under the respective management agreement.
Archicom said 24 units were handed over in the first quarter of 2025 (of which 19 were direct Echo group handovers executed by the Archicom group under the relevant management agreement), against 415 units handed over in the prior year period.
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