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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News - IHG to open two new hotels in Budapest
04
Jan
2023

IHG to open two new hotels in Budapest

by Property Forum
Verno House Budapest, Vignette Collection, is set to open in the summer of 2023 under a franchise agreement and voco Budapest is to open in late 2023 under a management agreement, europe-re.com reports
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News - Eurohotel in Baia Mare to sell for €2.1 million
28
Dec
2022

Eurohotel in Baia Mare to sell for €2.1 million

by Property Forum
SIF Hoteluri Oradea has reached a deal to sell the Hotel Eurohotel in Baia Mare for €2.1 million. The 3-star hotel is located near the city center and features 64 rooms, a restaurant and conference halls.
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News - Alexandrion Group to open hotel in Sinaia
28
Dec
2022

Alexandrion Group to open hotel in Sinaia

by Property Forum
Spirits producer Alexandrion Group will open next year a new hotel in Romanian mountain resort Sinaia following an investment of around €17 million.
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News - HR Group enters Romania's hotel market 
20
Dec
2022

HR Group enters Romania's hotel market 

by Property Forum
German HR Group has taken over the Vienna House Easy Airport Bucharest near Henri Coanda Airport as part of a wider deal that involved the purchase of all Vienna House properties from Vienna House Capital and U City. 
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News - Mercure Hotel to open in Bacău 
12
Dec
2022

Mercure Hotel to open in Bacău 

by Property Forum
Romanian entrepreneur Ovidiu Budeanu has signed a franchise agreement with French hotel group Accor for the opening of a new 4-star Mercure Hotel in Bacău.
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News - How are CEE hotel markets doing post-pandemic?
09
Dec
2022

How are CEE hotel markets doing post-pandemic?

by Property Forum
In its latest study on the CEE hotel market, hotel real estate expert Christie & Co sheds light on how the capital cities of Prague, Bratislava and Budapest developed during the Covid-19 pandemic and which of the three cities emerged the strongest from the crisis.
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Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • 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.

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