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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News - Poles like New Year's Eve in the mountains
29
Nov
2022

Poles like New Year's Eve in the mountains

by Property Forum
The most popular destinations for New Year’s Eve and New Year’s Day in the winter season are Zakopane and Krynica Zdrój, a Sun & Snow survey has found. Karpacz, Kraków and Gdańsk are also catching on. 
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News - Czech company to build hotel complex in Dubai
28
Nov
2022

Czech company to build hotel complex in Dubai

by Property Forum
Massive construction is underway on one of the artificial peninsulas being created off the UAE's coast. The Czech company Preston Capital is now investing in a four-star hotel complex there. It plans to invest $50 million (€48 million) in Ras al-Khaimah, E15.cz reported.
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News - Hotel assets are more popular in Europe than in Poland
08
Nov
2022

Hotel assets are more popular in Europe than in Poland

by Property Forum
The volume of investment transactions recorded in the hotel sector on European markets in the first half of 2022, reached a similar level to last year's. The UK remains the most active market, followed by France, Italy, Spain and Germany, says Walter Herz.
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Latest news


New leases

  • Laboratoires Théa, a leader in the European and Polish ophthalmology market, has joined the tenant roster at the LIXA C office building in Warsaw. The company’s local subsidiary, Théa Polska, has leased nearly 1,000 sqm of modern office space on the first floor of the building owned by Yareal Polska.
  • IWG has opened a new Regus work space at Sky Tower, Chișinău. The company has opened a 1.000 sqm space on the first floor of the office building.
  • Strategy has extended its lease agreement for office space in the Skyliner office building in Warsaw, part of the Karimpol Group's portfolio. Strategy occupies 1,500 sqm of office space on the 22nd floor of Skyliner I and was the building's first tenant.

New appointments

  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.

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