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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News - IHG Hotels & Resorts signs two hotels in Budapest
05
Oct
2023

IHG Hotels & Resorts signs two hotels in Budapest

by Property Forum
IHG Hotels & Resorts and Wing, a leading Hungarian property development and investment company have announced the signing of Hotel Indigo Budapest Andrassy and Holiday Inn Express Vagohid. Signed at the real estate trade fair Expo Real 2023, both properties mark brand debuts to Hungary, demonstrating investment and growth in the premium and essentials hotel segments.
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Latest news


New leases

  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.
  • Speedwell has secured four new medical tenants for its Paltim mixed-use urban project in Timișoara. Colegiul Medicilor Stomatologi - Filiala Timiș has leased approximately 105 sqm, with an opening scheduled for November 2026. Concurrently, Paul Bold Dental Solutions will open a 143 sqm dental clinic in November 2026. Ophthalmology clinic ArtVision Med & Sofilens Lux has occupied 172 sqm since January 2026. Lastly, Ziva, a dermatology, aesthetics, and gynaecology clinic, has taken 92 sqm and will officially open in July 2026.

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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