Echo Investment is developing a 30,000 m[sup]2[/sup] office park of three office buildings and 400 parking spaces in Lodz, Poland's second largest city. An application for a construction permit has been filed and Echo hopes to start work in the first half of 2008, Polish newspaper Eurobuild reported. Echo Investment's consolidated net profit came to PLN 212 mln (EUR 55 mln) in the second quarter. Net income was more than PLN 190 mln.

Echo Investment is developing a 30,000 m2 office park of three office buildings and 400 parking spaces in Lodz, Poland's second largest city. An application for a construction permit has been filed and Echo hopes to start work in the first half of 2008, Polish newspaper Eurobuild reported. Echo Investment's consolidated net profit came to PLN 212 mln (EUR 55 mln) in the second quarter. Net income was more than PLN 190 mln.