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News Prize by Radisson hotel chain expands in CEE
06
Sep
2024

Prize by Radisson hotel chain expands in CEE

by Property Forum
Radisson Hotel Group has announced the rebranding of prizeotel to Prize by Radisson and its entry in Poland. 
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News Pavăl Holding and Apex Alliance buy Swiss luxury hotel
06
Sep
2024

Pavăl Holding and Apex Alliance buy Swiss luxury hotel

by Property Forum
Pavăl Holding, owned by Romanian Pavăl brothers, and Lithuanian hospitality group Apex Alliance, have jointly purchased Waldhaus Flims Wellness Resort, 5-star hotel complex in Switzerland. 
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News Romania sees more hotel deals under €5 million
26
Aug
2024

Romania sees more hotel deals under €5 million

by Property Forum
Romania’s hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report. 
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News Bucharest hotel market to add 2,400 rooms by 2026
22
Aug
2024

Bucharest hotel market to add 2,400 rooms by 2026

by Property Forum
Bucharest’s hotel market is set to expand by around 2,400 rooms by 2026, outpacing the estimated growth from other CEE-based capital cities, according to a Cushman & Wakefield report.
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News Bucharest’s short-term rental industry totals €24 million in H1 2024
07
Aug
2024

Bucharest’s short-term rental industry totals €24 million in H1 2024

by Property Forum
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report. 
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News Mondrian Bucharest hotel construction kicks off
02
Aug
2024

Mondrian Bucharest hotel construction kicks off

by Property Forum
Romanian developer One United Properties has announced that construction has kicked off at Mondrian Hotel in Bucharest, with completion expected in 2026. 
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News Maistra Hospitality Group secures green loan up to €200 million
29
Jul
2024

Maistra Hospitality Group secures green loan up to €200 million

by Property Forum
Maistra Hospitality Group, Croatia's second-largest tourism player, has obtained a blue and green sustainability-linked loan of up to €200 million, from the International Finance Corporation (IFC), as part of its strategy to boost sustainability operations. 
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News Forestay and Recorde invest in student accommodation in Budapest
23
Jul
2024

Forestay and Recorde invest in student accommodation in Budapest

by Property Forum
Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.  
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News Radisson opens new hotel in Kraków
23
Jul
2024

Radisson opens new hotel in Kraków

by Property Forum
The Radisson RED Hotel & Radisson RED Apartments hotel opened in Kraków’s Unity Centre. The property features 229 rooms, along with 46 extended-stay apartments located in a separate building.
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News Wing’s Tribe Budapest Airport Hotel to open in 2025
16
Jul
2024

Wing’s Tribe Budapest Airport Hotel to open in 2025

by Property Forum
Wing will open next year a new 4-star hotel with direct terminal access to the Budapest Liszt Ferenc International Airport. The hotel will be operated under a management agreement with Accor.
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Latest news


New leases

  • Apollo-Rida, the owner and manager of the Equal Business Park office complex in Kraków, has extended some of its lease agreements, covering a total of more than 5,000 sqm of office space. Companies that have decided to continue their cooperation include Assa Abloy, Kimberly Clark, Endava and the law firm Kochański & Partners.
  • A C&A chain store has joined the tenants of the Blue City shopping centre in Warsaw. This will be the brand's seventh shop in the capital. The store, with an area of over 2,200 sq m, will open on level 0.
  • Media Markt has announced the opening of a new shop in Olsztyn. The outlet, located in the Aviator Retail Park and occupying an area of 577 sqm, operates in the modern Xpress format.

New appointments

  • Krisztina Enzsöl has joined Knight Frank Hungary as Associate Director in the office division. She has over 24 years’ worth of experience in real estate, being specialised in office leasing. In addition, Enzsöl has extensive knowledge in both tenant and landlord representation.
  • Beginning of September this year, the Management Board at Avison Young's Polish branch underwent a change, with Monika Bronicka, Director, Head of Valuation and Advisory, Business Development, becoming a Member of the Board.
  • In September 2024, Ewa Andrzejewska took on the role of Chief Operating Officer of the Polish Chamber of Commercial Real Estate (PINK). In her new role, she will be responsible for co-creating and implementing PINK's strategy and further developing the organisation.

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