News - Synapsis Property Ventures to build new hotel in Bratislava
09
Aug
2023

Synapsis Property Ventures to build new hotel in Bratislava

by Property Forum
Synapsis Property Ventures plans to build a new type of hotel at the entrance to Železná studienka in the office zone next to ESET's headquarters in Bratislava. The plan has already received a positive investment decision from the City of Bratislava. The total cost of the construction is estimated by the developer to exceed €50 million. The project is co-financed by Tatra Banka. 
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News - Rock Holding to invest €70 million in Brașov hotel
09
Aug
2023

Rock Holding to invest €70 million in Brașov hotel

by Property Forum
Romanian real estate company Rock Development Holding will invest €70 million in the development of its first five-star luxury hotel in Poiana Brașov. The new luxury project will comprise a hotel with 120 rooms and an aparthotel with 75 residential units.
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News - Accor launches new boutique hotel brand in Poland
09
Aug
2023

Accor launches new boutique hotel brand in Poland

by Property Forum
Hospitality group Accor has inaugurated The Crown, a four-star hotel in Kraków, which is part of the Handwritten Collection, a portfolio of boutique hotels from around the world. This is Accor’s second property of this kind in the region and the first in Poland.
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News - Accor opens ibis Styles Warsaw Airport
04
Aug
2023

Accor opens ibis Styles Warsaw Airport

by Property Forum
At the beginning of August, ibis Styles Warszawa Airport with 124 rooms was launched in Warsaw, replacing Holiday Inn Express Airport opened in 2012 in the Poleczki Park complex with six office buildings. It is the 19th facility under the ibis Styles brand in Poland. The hotel is managed by the Accor network.
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News - Marriott International signs new hotel in Vlorë, Albania
28
Jul
2023

Marriott International signs new hotel in Vlorë, Albania

by Property Forum
Marriott International has signed an agreement with Vlora Marina to open a new dual-branded property comprising a new hotel under the Marriott Hotels brand and Marriott Residences available for private ownership. Situated in the coastal city of Vlorë, the new build property will benefit from a prime waterfront location in the heart of the city as well as being a part of Vlora Marina investment. The new build complex is expected to debut in 2028 
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News - Hilton hotel opens in Târgu Mureș
27
Jul
2023

Hilton hotel opens in Târgu Mureș

by Property Forum
The first Hampton by Hilton hotel in Târgu Mureș has been inaugurated in July following an investment of €11 million made by Multinvest Group. 
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News - Marriott International signs new hotel in Croatia
27
Jul
2023

Marriott International signs new hotel in Croatia

by Property Forum
Marriott International has signed an agreement with Valdarke d.o.o. to bring an Autograph Collection resort to the island of Cres in Croatia.
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News - Hyatt opens resort hotel in Pravets, Bulgaria
20
Jul
2023

Hyatt opens resort hotel in Pravets, Bulgaria

by Property Forum
Hotel chain Hyatt has expanded its presence in Bulgaria with the recent opening of its second Hyatt Regency hotel. The Hyatt Regency Pravets Resort, previously part of the Spanish chain RIU Hotels, is now under the umbrella of Hyatt Hotels Corporation. This expansion follows the opening of Hyatt Regency Sofia in 2020.
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News - Transilvania Investments sells hotel in Brașov
17
Jul
2023

Transilvania Investments sells hotel in Brașov

by Property Forum
Financial company Transilvania Investments has sold the Coroana-Postăvaru hotel in Brașov for close to €9.4 million as part of its portfolio rebalancing strategy. The sale was carried out in a public offering. 
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News - Marriott opens W Budapest
12
Jul
2023

Marriott opens W Budapest

by Property Forum
The former Ballet Institute has been transformed into the five-star W Budapest hotel offering 151 rooms and suits in the very heart of the Hungarian capital. The new facility is part of the global portfolio of the Marriott Bonvoy brand. 
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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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