Brno’s Courtyard Marriott Hotel set to open this autumn

by Ákos Budai
The opening of the Courtyard Marriott Hotel in Brno, Czech Republic, built by CTP at Spielberk has been set to take place in the autumn. 
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Polish hospitality market continues to grow

by Ákos Budai
There is a positive outlook of stable growth for the Polish hospitality market as the country’s hotels continue to attract both domestic and foreign tourists. Warsaw remains one of the most popular destinations, especially for business travel, with 139 hotels offering over 15,000 rooms. Cushman & Wakefield has published its latest report.
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Unprecedented optimism in the Hungarian hotel market

by Ákos Budai
The Hungarian hotel market is characterised by optimism, which can be observed in both the development and investment markets. Investors in Budapest are planning to begin multiple projects, the capital will soon be see projects with some 600-800 five star and 1000-2000 four or fewer star rooms. Several projects are likely to manifest in the countryside too, where booking and income-profit indicators show a significant increase and provide developers with motivation.
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Latest news

New leases

  • Orbico, an European FMCG distributor, has extended its lease agreement for 1,030 sqm of office space in building B of ISOC-owned Silesia Business Park in Katowice. The tenant was represented by real estate advisory firm Cresa Poland.
  • Impact Developer & Contractor Romania announced the opening of an office in Iasi, in Moldova Center and the fifth one locally. The company will soon launch construction works on the Greenfield Copou residential project in the city.
  • The American insurance company Massachusetts Mutual Life (MassMutual) rented 1,700 sqm offices in Record Park in Cluj-Napoca, developed by Speedwell. The 15,000 sqm project reached an occupancy rate of 94%.

New appointments

  • JLL Romania consolidates its industrial team by recruiting Ciprian Sîrbu in order to provide Supply Chain services on the local market. Ciprian Sîrbu has over 10 years of experience in logistics, e-commerce, and industrial supply chain, completed by 7 years in which he worked in the IT field. His role within JLL is to provide advice to customers in streamlining the supply chain like the need for such services increases.
  • Simona Costache has joined Romanian developer One United Properties as Executive Director, Residential Sales. With 15 years of experience in real estate, Simona has been involved in sales, rental and facility management for residential developers in Bucharest.
  • Penta Investments has appointed three new Partners. Fabrice Dumontheil, Václav Jirků and Marián Slivovič have become co-owners and leaders of Penta. Fabrice Dumontheil has been with Penta since 2012. He is the CFO of the entire group, responsible for the strategic financial management of Penta group as well as for group IT strategy. Václav Jirků will be responsible for managing the healthcare investment portfolio as well as the international network of Dr.Max pharmacies. Marián Slivovič will primarily cover Penta's investments in banking and Slovalco, as well as in media projects in Slovakia and Czech Republic.


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