News - K+K Elisabeta hotel in Bucharest sold to Szarvadi family
23
Mar
2023

K+K Elisabeta hotel in Bucharest sold to Szarvadi family

by Property Forum
The 4-star K+K Elisabeta hotel located in the Bucharest city center has been sold to Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna for an undisclosed sum. 
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News - Hungary's KÉSZ Group delivers new hotel near Budapest
16
Mar
2023

Hungary's KÉSZ Group delivers new hotel near Budapest

by Property Forum
The four-star facility called Flow hotel was opened in Inárcs on Thursday and is to welcome conferences and ceremonial events such as weddings. It was financed in total by a private investor. 
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News - Indotek Group sells Sofitel hotel in Budapest
12
Mar
2023

Indotek Group sells Sofitel hotel in Budapest

by Property Forum
Equilor Asset Management, owned by Hungarian developer BDPST Group, will buy the Sofitel complex which consists of a 4-star hotel and an adjacent office building, local news portal index.hu reports.
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News - Marriott Hotels debuts in Tirana
08
Mar
2023

Marriott Hotels debuts in Tirana

by Property Forum
Marriott Hotels, the signature flag of Marriott Bonvoy’s portfolio of 30 hotel brands, has opened Tirana Marriott Hotel, the first Marriott Hotel in Albania. The hotel is located next to the multi-purpose complex of the National Arena and within walking distance to governmental offices, international institutions as well as key historical and cultural sites.
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News - Accor to open new Mercure hotel in central Bucharest
01
Mar
2023

Accor to open new Mercure hotel in central Bucharest

by Property Forum
Hospitality group Accor will open a new Mercure hotel in Bucharest in the fall of 2023. The new hotel located next to Unirii Square will be operated under a franchise agreement with local company Sab Serv Expres. 
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News - Radisson Hotel Group adds new resort in Ostróda
21
Feb
2023

Radisson Hotel Group adds new resort in Ostróda

by Property Forum
Radisson Hotel Group has opened its 18th hotel in Poland with its first Radisson Blu Resort in Ostróda. Radisson Blu Resort & Conference Center, Ostróda Mazury is located directly on Lake Drwęca in the Masurian Lake District.
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News - Louvre Hotels Group to enter Brașov
10
Feb
2023

Louvre Hotels Group to enter Brașov

by Property Forum
Hotel chain Louvre Hotels Group, part of Chinese Jin Jiang Holding, aims to reach five affiliated hotels in Romania, including projects in Brașov, Cluj-Napoca and Bucharest. 
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News - Accor signs Swissôtel Kopaonik in Serbia
31
Jan
2023

Accor signs Swissôtel Kopaonik in Serbia

by Property Forum
Accor is expanding its portfolio in South-East Europe with the signing of Swissôtel Kopaonik in Serbia. In partnership with KOP2020 DOO, the premium hotel brand will welcome its first guests just in time for the 2024-2025 winter season. 
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News - Marriott International signs new property in Croatia
27
Jan
2023

Marriott International signs new property in Croatia

by Property Forum
Marriott International has signed an agreement with Riva's Hotels & Resorts to bring Marriott Hotels to Croatia. Located in Icici on the Opatija Riviera, the new-build hotel is anticipated to open in 2024.
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News - Accor adds 5,476 rooms in Eastern Europe in 2022
23
Jan
2023

Accor adds 5,476 rooms in Eastern Europe in 2022

by Property Forum
Hospitality group Accor has signed 47 properties in Eastern Europe and the ‘New East’ in 2022, going as far as Georgia and Kazakhstan for a total of 5,476 rooms. 
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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