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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News - Radisson hotel to open in Bucharest mixed-use scheme
26
Sep
2023

Radisson hotel to open in Bucharest mixed-use scheme

by Property Forum
Radisson Hotel Group was selected to be the operator of the hotel component in the Central District Lagoon City, developed in Bucharest by Forty Management. The Radisson Lagoon Hotel Bucharest is planned as the first of several such branded co-operations across the globe. 
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News - Rock Holding gets permit for hotel in Poiana Brașov
21
Sep
2023

Rock Holding gets permit for hotel in Poiana Brașov

by Property Forum
Romanian company Rock Development Holding has obtained the construction permit for its first five-star hotel in Poaiana Brașov which will attract an investment of €70 million.
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News - New Hampton by Hilton hotel opens in Budapest
12
Sep
2023

New Hampton by Hilton hotel opens in Budapest

by Property Forum
Hampton by Hilton Budapest City Centre has opened its doors to guests. Alongside 219 guest rooms, the hotel features a fitness centre and a lobby bar. Flexible social spaces offer the opportunity to work and meet during the day or socialize in the evening, including meeting spaces available for bookings, as well as on-site parking and EV charging for guest use.
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Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.

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