News - Radisson opens first RED brand hotel in Southeast Europe
22
Feb
2024

Radisson opens first RED brand hotel in Southeast Europe

by Property Forum
Radisson Hotel Group has opened in Belgrade its first hotel under the RED brand, marking its expansion in Southeast Europe.
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News - Vastint gets LEED Gold for Warsaw hotel
20
Feb
2024

Vastint gets LEED Gold for Warsaw hotel

by Property Forum
Vastint Poland has been awarded the LEED Gold certification for the Sound Garden Hotel located within Business Garden Warsaw. This is the last of seven buildings that make up this  complex, which has successfully undergone multi-criteria environmental verification.
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News - Prague hotels recover from Covid impact
19
Feb
2024

Prague hotels recover from Covid impact

by Property Forum
For a time, the Prague hotel market has lagged behind other European cities in terms of recovery from the impacts of the COVID-19 pandemic. Its latest performance indicators are showing a significant increase in 2023, Cushman & Wakefield reports.
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News - IHG to open Europe's first Holiday Inn & Suites in Budapest
05
Feb
2024

IHG to open Europe's first Holiday Inn & Suites in Budapest

by Property Forum
IHG Hotels & Resorts has announced its first Holiday Inn & Suites property in Europe by signing Holiday Inn & Suites Budapest Centrale – part of its Holiday Inn Hotels & Resorts brand. The new hotel will offer 170 rooms and is set to open in late 2026.
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News - Nordis opens hotel & resi project in Mamaia
02
Jan
2024

Nordis opens hotel & resi project in Mamaia

by Property Forum
Romanian developer Nordis Group has inaugurated its hotel & residence project Hotel Nordis Mamaia 5 ***** following an investment of around €100 million.
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News - Focus Hotels to open its first hotel in Wrocław in 2024
29
Dec
2023

Focus Hotels to open its first hotel in Wrocław in 2024

by Property Forum
The Polish chain Focus Hotels, part of the Immobile Capital Group, has concluded a lease agreement for its first hotel in Wrocław. The company plans to open the facility in the fourth quarter of 2024.
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News - Mandarin Oriental Group to open luxury hotel in Budapest
21
Dec
2023

Mandarin Oriental Group to open luxury hotel in Budapest

by Property Forum
Mandarin Oriental Hotel Group has announced a new luxury hotel opening, following the renovation and rebranding of the former Gellért Hotel in Budapest. The renamed Mandarin Oriental Gellert Budapest is expected to open in 2027 with a focus on wellness.
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News - Poland's hotel market bounces back
19
Dec
2023

Poland's hotel market bounces back

by Property Forum
According to Cushman & Wakefield’s latest report, the Polish hotel market is seeing a steady increase in demand and key performance indicators. These positive trends are expected to continue into 2024, with a recovery in the number of international guest nights in Polish hotels. In the long term, the market will increasingly focus on hotel retrofitting and implementing modern technological and ESG solutions.
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News - Bratislava issues approval for mixed-use project by RETEP
19
Dec
2023

Bratislava issues approval for mixed-use project by RETEP

by Property Forum
In Bratislava´s Ružinov district, between Gagarinova, Mierová and Brodná streets, the construction of the Polyfunkčný objekt Mierová is planned, reports YIMBA.sk. This mixed-use project is being prepared by the developer RETEP, which has received a binding opinion from the city.
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News - Accor plans new hotel openings in CEE during 2024
15
Dec
2023

Accor plans new hotel openings in CEE during 2024

by Property Forum
Hospitality group Accor plans to open more than 90 hotels across Europe, Middle East and Asia during 2024, of which four will be based in CEE markets.
Read more >

Latest news


New leases

  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

ABOUT US

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