26
Aug
2024
Aug
2024
Romania sees more hotel deals under €5 million
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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22
Aug
2024
Aug
2024
Bucharest hotel market to add 2,400 rooms by 2026
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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07
Aug
2024
Aug
2024
Bucharest’s short-term rental industry totals €24 million in H1 2024
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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02
Aug
2024
Aug
2024
Mondrian Bucharest hotel construction kicks off
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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29
Jul
2024
Jul
2024
Maistra Hospitality Group secures green loan up to €200 million
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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23
Jul
2024
Jul
2024
Forestay and Recorde invest in student accommodation in Budapest
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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23
Jul
2024
Jul
2024
Radisson opens new hotel in Kraków
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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16
Jul
2024
Jul
2024
Wing’s Tribe Budapest Airport Hotel to open in 2025
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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09
Jul
2024
Jul
2024
Melea Hotel gets first LEED hospitality certification in Hungary
The Melea – The Health Concept in Sárvár has become the first building in Hungary to receive the LEED BD+C: Hospitality certification, with the Gold status. The project was assisted by Colliers ESG Team in the certification process.
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01
Jul
2024
Jul
2024
First villa project under Radisson brand to open in Romania
Grand Development, founded by Romanian entrepreneur Ionuț Nicolescu, has closed a partnership with Radisson Hotel Group for the opening of its first five-star villas resort in Romania, near Brașov.
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Latest news
- Falcon Investment Management opens new retail park in Sandomierz
- Tatuum leases 18,500 sqm in Marq Logistics Łódź III facility
- Czech industrial deliveries top 300,000 sqm in Q1 2026
- Hasco opens €18 million automated pharma centre near Łódź
- Long-term thinking is becoming real estate’s biggest advantage
- Jakob Sonne Resort brings architect-led branded residences concept to Poiana Brașov
- Hungary construction starts Q1 with €1.8 billion in new projects
- MAS sells Romanian and Bulgarian retail projects for net €251 million
- Big Poland opens retail park in Dzierżoniów
- Urbano Group opens first phase of retail park near Cluj
New leases
- Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
- Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
- Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.
New appointments
- 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.
- Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
- Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
