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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News - Accor to open ibis Styles hotel at Debrecen airport
05
Oct
2023

Accor to open ibis Styles hotel at Debrecen airport

by Property Forum
French hospitality group Accor is expanding its portfolio in Hungary and further strengthening its presence in the Eastern region of the country. The group will open an ibis Styles hotel at Debrecen Airport. The new hotel will welcome its first guests in 2025.
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Latest news


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

  • 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.
  • 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.

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