News - Bucharest hotel market reaches pre-pandemic levels
21
Aug
2023

Bucharest hotel market reaches pre-pandemic levels

by Property Forum
Bucharest is the fifth most attractive market out of 20 cities in CEE-12 in terms of the interest of the main operators to invest in new hotel facilities in the next period, while the results of hotel operators in the Romanian capital reaching pre-pandemic rates, according to a survey by Cushman & Wakefield Echinox. 
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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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Latest news


New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.

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