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

  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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