News - Ibis Styles hotel to open in Debrecen in 2025
16
Nov
2023

Ibis Styles hotel to open in Debrecen in 2025

by Property Forum
Chinese developer and investor group Xanga has been progressing with its new hotel project in Debrecen reaching the highest point of the building. Ibis Styles Debrecen Airport will offer 73 rooms and 20 suits and is expected to open in the second half of 2025.
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News - Ennismore to open hotel in Bucharest
14
Nov
2023

Ennismore to open hotel in Bucharest

by Property Forum
The first Mondrian Hotel in Bucharest will be opened by Ennismore in central Bucharest following a deal with Romanian developer One United Properties.
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News - Mercure hotel opens in Sibiu
13
Nov
2023

Mercure hotel opens in Sibiu

by Property Forum
A new Mercure hotel comprising 121 rooms has opened in Sibiu, which will operate under a 10-year management contract between Accor and local investor Compa Sibiu.
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News - Hyatt looks to develop its first hotel in Romania
09
Nov
2023

Hyatt looks to develop its first hotel in Romania

by Property Forum
Luxury hospitality group Hyatt is planning the development of its first hotel in Romania as part of its expansion into CEE. The company is looking to develop an upper scale hotel in Bucharest with around 200 rooms.
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News - Hotels in CEE to improve ESG credentials and carbon footprint
26
Oct
2023

Hotels in CEE to improve ESG credentials and carbon footprint

by Property Forum
Half of the hotel investors in CEE already address ESG in their transaction due diligence, and 40% are in the process of including it, says Cushman & Wakefield in their newest report.
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News - Pavăl Holding-owned hotel to open in Italy under Hilton brand
24
Oct
2023

Pavăl Holding-owned hotel to open in Italy under Hilton brand

by Property Forum
Hilton has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Romanian group Pavăl Holding and Apex Alliance.
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News - Chinese business travellers to heal CEE's hotel market?
20
Oct
2023

Chinese business travellers to heal CEE's hotel market?

by Property Forum
Is the hotel market in CEE coming back strongly? According to the participants of a panel discussion at the CEE Property Forum 2023, the answer is „definitely yes”. The event took place at the end of September in Vienna.
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News - Wing to build new hotel at Budapest Airport
11
Oct
2023

Wing to build new hotel at Budapest Airport

by Property Forum
A new hotel representing a special brand from Accor Group is to open at Ferenc Liszt International Airport, developed by Wing, in cooperation with Budapest Airport, the developer announced. The handover is expected in 2025.
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News - Visionapartments to open hospitality project in central Bucharest
09
Oct
2023

Visionapartments to open hospitality project in central Bucharest

by Property Forum
Swiss provider of premium accommodation Visionapartments will open in central Bucharest a 106-room building with a spa following an investment of €23 million. 
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News - First Accor hotel to open in Cluj-Napoca
06
Oct
2023

First Accor hotel to open in Cluj-Napoca

by Property Forum
Hospitality group Accor has signed a management contract with Amera Group for the opening of an ibis Styles hotel in Cluj. This will be the first hotel operated by Accor in Cluj-Napoca, with the project slated to open in April 2025. 
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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