
Echo Investment Unit Inks €565 Million Polish Real Estate Sale
The deal, which Echo Investment called 'record-breaking' in Poland's home rental market, is still subject to regulatory approval, the company said in a statement on Saturday. It envisages Resi4Rent selling 5,322 units in 18 projects located in six Polish cities to Vantage Development, with an expected forward-looking net operating income yield of 6.3% in 2026.
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New York Times
18 minutes ago
- New York Times
Soho House to Be Taken Private in $2.7 Billion Deal
When Soho House went public in 2021, the operator of private members clubs told investors that it could become a successful publicly traded business. Now the company is going private again. Soho House, which is based in London, agreed to sell itself to a group of investors at a valuation of $2.7 billion, including debt, the company said on Monday. The transaction is the latest chapter for the company, which helped popularize a new generation of clubs where members spend thousands of dollars a year to eat, drink and socialize with similarly deep pockets. But Soho House has also battled a number of challenges over the years, including the pandemic and, more recently, investors who have questioned its business model. The company has lost money for most of its existence as a public company, though it reported quarterly profits this year. Its stock price ended last week down 45 percent from its initial public offering price. Its critics have long pointed out that, as a public company, Soho House is obligated to pursue growth — it now has 46 Soho House locations, as well as other branded clubs, work spaces and hotels around the world, and more than 270,000 members as of June 30 — but that strategy threatens its image of exclusivity. Last year, the short-seller Glasshouse Research, which was betting on a decline in the company's stock price, argued that the club operator had a 'broken business model and terrible accounting.' Want all of The Times? Subscribe.

Associated Press
18 minutes ago
- Associated Press
Alona Lebedieva: The Ukrainian Economy on the Verge of Stagflation
KYIV, UKRAINE, August 18, 2025 / / -- The Ukrainian economy has reached the limits of its growth: according to estimates, in the first half of 2025 GDP grew by only 1.3%, while in July a decline of 1% was already recorded. For comparison: in 2024 growth stood at 2.9%. This indicates that the main driver of recent years—the fiscal impulse, fueled by international assistance—has practically been exhausted. Thanks to the fiscal impulse, Ukraine experienced a recovery after the 29% GDP collapse in 2022. But this stimulus can no longer provide faster growth. Since August–September 2023, GDP has plateaued at 75–77% of its pre-war level and has remained there. The fiscal impulse is still in effect, but it is sufficient only to ensure anemic growth, which may soon turn into a decline. 'Ukraine has no new growth drivers: investments are not coming due to war risks, the labor shortage is worsening. And the latest external developments—from Alaska to the upcoming negotiations in Washington—confirm a simple truth: a strong national economy is the foundation of our security. Without it, neither defense nor social stability is possible,' says Alona Lebedieva, owner of the Ukrainian multi-profile industrial-investment group Aurum Group. The greatest concern arises from foreign trade in goods. In January–July, exports fell by 3.5% to $23.3 billion, while imports grew by 14.8% to $45.9 billion (compared to the same period last year). This left a negative trade balance of $22.6 billion—a huge imbalance that weighs on the hryvnia, inflation, and GDP. Exports 'slumped' mainly due to declines in agricultural and mineral shipments, while imports rose due to energy, chemical products, machinery, and even foodstuffs. An additional increase in imports came from the urgent need to purchase large volumes of gas after miscalculations in forming reserves for the past heating season. 'The budget situation is predictably strained due to the growing need to finance defense. In seven months, general fund revenues amounted to UAH 1.5 trillion, while expenditures reached UAH 2.17 trillion. The deficit is UAH 670 billion ($16.1 billion at the average January–July official exchange rate). Almost half of expenditures are covered by external financing. Since the beginning of the year, Ukraine has received $23.7 billion. In total, since the start of the war, the country has received $136 billion in aid, but it is impossible to rely on this resource indefinitely,' emphasizes Alona Lebedieva. Inflation remains high—14.1% year-on-year in July. Although there was a temporary decline in monthly prices compared to June, high inflation is expected to persist through the end of the year due to gradual hryvnia depreciation (imports will become more expensive) and rising excise taxes. The National Bank's high key rate (15.5%) only partially restrains inflationary pressure, since the main cause of inflation is the rising costs faced by producers. Lebedieva is convinced that the outlook is clear: Ukraine risks falling into the trap of stagflation—a combination of economic stagnation and high inflation. The situation is further complicated by external factors: the winding down of U.S. military aid will force Ukraine to increase arms purchases at its own expense; the expiration of EU trade preferences will cost the economy up to $1 billion in 2025; and a weaker harvest will limit agricultural exports. In these conditions, there is only one recipe: support for the national producer must become the key strategy. Domestic production is the path to import substitution, export growth, enterprise workload, job creation, and tax revenues. Without this, Ukraine will continue to balance between external loans and trade deficits, losing development momentum and economic resilience. Alona Lebedieva Aurum Group email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.


Associated Press
18 minutes ago
- Associated Press
Opportunities Surge, Spurred by Super Apps, BNPL, and Rising Investments
DUBLIN--(BUSINESS WIRE)--Aug 18, 2025-- The 'Ecommerce Platform Market by Solutions (Payment & Billing Solutions, Ecommerce Management Platform, End-To-End Platform), Ecommerce Model (B2B, B2C), By Industry (Beauty & Personal Care, Consumer Electronics, Fashion & Apparel) - Global Forecast to 2030" report has been added to offering. The eCommerce platform market is estimated to be USD 9.07 billion in 2025 and is expected to reach USD 16.50 billion by 2030 at a CAGR of 12.7% The report will help market leaders and new entrants with information on the closest approximations of the global eCommerce platform market's revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market's pulse and provide them with information on key market drivers, restraints, challenges, and opportunities. The global eCommerce platform market is driven by rising internet penetration, increasing smartphone usage, and growing consumer preference for digital shopping experiences. Advancements in technologies such as artificial intelligence (AI), cloud computing, and big data analytics are enhancing platform capabilities. Additionally, the surge in omnichannel retailing, demand for personalized shopping, and the expansion of cross-border trade are propelling the adoption of robust and scalable eCommerce platforms across various industry verticals worldwide. However, cyber threats are continually evolving, which makes it difficult for organizations to protect their essential business processes and data from cybercriminals. The increasing frequency of data breaches has raised concerns among consumers regarding the security of their online transactions, potentially restraining market growth. The major players in the eCommerce platform market include Shopify (Canada), eBay (US), Etsy (US), Square (US), BigCommerce (US), Amazon (US), Adobe (US), Wix (Israel), Oracle (US), Squarespace (US), SAP (Germany), Salesforce (US), VTEX (UK), Trade Me (New Zealand), WooCommerce (US), StoreHippo (India), Lightspeed (US), OpenCart (China), Volusion (US), PrestaShop (France), Shift4Shop (US), FastSpring (US), Nuvemshop (Brazil), (US), Shopware (Germany). These players have adopted various growth strategies, such as partnerships, agreements, collaborations, new product launches, enhancements, and acquisitions, to expand their eCommerce platform market footprint. Payments & Billing solutions subsegment is expected to grow at the highest CAGR during the forecast period. Payment and billing solutions are anticipated to register the highest CAGR within the solutions segment of the global eCommerce platform market. This growth is fueled by the increasing demand for fast, secure, and flexible digital payment methods that elevate the customer shopping experience. As the volume of online transactions rises, eCommerce vendors are adopting advanced billing technologies, including automated invoicing systems, digital wallets, Buy Now Pay Later (BNPL) services, and multi-currency payment gateways to serve a diverse and global customer base. Furthermore, the surge in cross-border eCommerce and the necessity to comply with evolving financial and regulatory standards are accelerating adoption. These solutions optimize checkout processes and reduce cart abandonment. They also build consumer trust and drive revenue, positioning them as a core element of modern eCommerce ecosystems. Health & Wellness segment is expected to grow with the highest CAGR during the forecast period The growing consumer focus on healthy living has significantly influenced the growth of the eCommerce health and wellness industry. With increasing digitalization, the healthcare sector is rapidly embracing online technologies to enhance accessibility and improve service delivery. Small and medium enterprises (SMEs) and startups are strategically leveraging digital commerce platforms, such as Amazon to expand their market presence and reach health-conscious consumers. The industry has responded to evolving consumer demands by offering a diverse portfolio of wellness products, personalized supplements, and fitness-related services, often bundled with attractive promotions. eCommerce platforms have transformed how consumers discover, purchase, and engage with health and wellness solutions, making it easier to access information, track health goals, and adopt sustainable lifestyle habits from the convenience of their homes. Asia Pacific will register the highest growth rate during the forecast period The Asia Pacific region is poised to experience the highest growth rate in the global eCommerce platform market, driven by its rapid adoption of emerging technologies and expanding digital infrastructure. As a highly populated and economically diverse region, Asia Pacific is positioned to benefit significantly from innovations in cloud computing, Internet of Things (IoT), big data analytics, augmented reality (AR), and virtual reality (VR), particularly within the retail and commercial sectors. Key regional economies such as China, Japan, and South Korea are leading in digital transformation initiatives, fostering greater demand for advanced eCommerce solutions. Additionally, factors such as rising smartphone penetration, improved internet accessibility, and a growing middle-class consumer base are accelerating online retail activity. This evolving digital landscape is enabling enterprises to adopt scalable, customer-centric eCommerce platforms, thereby strengthening market growth across Asia Pacific. Key Attributes: Market Overview and Industry Trends Drivers Restraints Opportunities Challenges Supply Chain Analysis Industry Use Cases Technology Analysis Key Technologies Adjacent Technologies Complementary Technologies Technology Roadmap for Ecommerce Platform Market Impact of 2025 US Tariff-Ecommerce Platform Market Company Profiles For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: TECHNOLOGY ELECTRONIC COMMERCE SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 08/18/2025 11:34 AM/DISC: 08/18/2025 11:34 AM