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News Hilton Garden Inn opens Budapest hotel
20
Jun
2019

Hilton Garden Inn opens Budapest hotel

by Property Forum
Hilton Garden Inn opened its first hotel in Hungary, Hilton Garden Inn Budapest City Centre. Located just steps away from the Opera House and St Stephen’s Basilica, Hilton Garden Inn Budapest City Centre has 214 rooms.
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News Orbis to sell its asset light business to Accor
05
Jun
2019

Orbis to sell its asset light business to Accor

by Property Forum
Orbis decided on the potential disposal of its service activity (asset light entity) and entered into exclusive negotiations with Accor - proceeding with the Company business model transformation.
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News Europa Capital completes transformation of Warsaw hotel
30
May
2019

Europa Capital completes transformation of Warsaw hotel

by Property Forum
Europa Capital has completed a comprehensive refurbishment of Warsaw’s Radisson Blu Centrum Hotel, which has now reopened as a five star Radisson Collection branded hotel.
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News Union Investment works with Avison Young in Warsaw
17
Apr
2019

Union Investment works with Avison Young in Warsaw

by Property Forum
Holiday Inn Warsaw City Centre was acquired by Union Investment Real Estate GmbH in January 2018. Avison Young was initially responsible for the landlord technical advisory at the final stage of the construction process as well as at the pre-opening phase. Currently, the investor extends cooperation with Avison Young, who will be responsible for the landlord technical supervision of the property and management of the technical projects.
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News Cross-border buyers drive hotel investment across European cities
28
Mar
2019

Cross-border buyers drive hotel investment across European cities

by Property Forum
According to the latest European hotels trend report by Savills, emerging European tourist cities such as Dublin, Lisbon and Madrid and alternative operating structures such as non-leased operating structures offer higher yielding opportunities for those investors willing to take on more risk.
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News Radisson Hospitality  opens new hotel in Gdańsk
08
Mar
2019

Radisson Hospitality opens new hotel in Gdańsk

by Property Forum
Radisson Hospitality AB, publicly listed on Nasdaq Stockholm, Sweden and part of the Radisson Hotel Group, announced the opening of the Radisson Hotel & Suites, Gdansk in Poland. Highlighted as the first new Radisson in Europe, the hotel brings the group's portfolio to 17 hotels and almost 3,800 rooms in operation or under development in Poland.
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News Hotel brands respond to changing customer needs
08
Mar
2019

Hotel brands respond to changing customer needs

by Property Forum
An application that allows you to order room service with an emoji, a hotel lobby arranged to resemble a coworking office, a bar that serves regional beers, or spaces where you can feel part of the local community – these are just some of the new features being implemented by a growing number of hotels. The reason? Growing customer expectations have motivated both operators and owners to create hotel brands that will provide unique experiences, according to JLL.
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News Radisson to open two new hotels in Warsaw
28
Feb
2019

Radisson to open two new hotels in Warsaw

by Property Forum
Radisson Hotel Group announced the introduction of its Radisson Collection brand to the Polish capital of Warsaw. The premium lifestyle property will open in May 2019. Radisson Hospitality AB also announced the signing of the Radisson RED Warsaw. The upscale, lifestyle select-service brand will be introduced in 2023.
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News Belgrade Waterfront tower receives building permit
14
Feb
2019

Belgrade Waterfront tower receives building permit

by Property Forum
Serbia's Ministry of Construction, Transport and Infrastructure has issued a permit for the construction of the Kula Belgrade tower to Belgrade Waterfront, the developer of the Serbian capital’s largest real estate project, local media reports.
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News a&o Hostels to enter in Poland in 2019
31
Jan
2019

a&o Hostels to enter in Poland in 2019

by Property Forum
By opening its first hostel in Poland’s capital Warsaw, Berlin-based budget group a&o is set to expand its portfolio to 35 hostels, 22 cities, and seven countries. The former office building in the central district of Wola will have over 200 rooms and 600 beds, and will open in Q3 2019.
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Latest news


New leases

  • The Hungarian branch of Tech Mahindra has prolonged its lease in the CityZen office building in Budapest. OTIS Group has also signed an extension of its lease on the same property.
  • Poland's only concept store of the fashion brand PRM can now be visited at Fabryka Norblin, a complex in the Capital Park Group's portfolio in Warsaw. The PRM store occupies an area of nearly 600 sqm.
  • Douglas is opening its 150th perfumery in Poland, in Galeria Starówka in Leszno (western Poland). The new perfumery occupies an area of 196 sqm and is the second perfumery in the city.

New appointments

  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.
  • The Supervisory Board of Globe Trade Centre S.A. has appointed Balázs Gosztonyi as a member of the Management Board of GTC S.A. Balázs Gosztonyi has held the position of Chief Financial Officer at GTC Hungary since January 2024. He joined GTC Group in September 2023 as Group Controlling Director.

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