News - Accor takes on management of new hotel in Bucharest
10
Aug
2021

Accor takes on management of new hotel in Bucharest

by Property Forum
The new ibis Bucharest Politehnica will be managed by Accor in Romania. The project was developed by local real estate company Novum Business Services. 
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News - Ceetrus opens €16 million hotel in Brașov
10
Aug
2021

Ceetrus opens €16 million hotel in Brașov

by Property Forum
Real estate developer Ceetrus has opened Hotel Qosmo within its mixed-use projects Cartier Coresi in Brașov. 
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News - Meliá Hotels to grow its presence in Albania
09
Aug
2021

Meliá Hotels to grow its presence in Albania

by Property Forum
Meliá Hotels International is continuing on its development path throughout the Mediterranean and aims to take advantage of growth opportunities in Albania. After beginning its expansion plan in the country in 2017, Meliá has now announced its fourth hotel: the Sol Dürres Hotel, located in the second most important city in the country and one of its key tourism development centres. The company expects to open the hotel next year, and this will then be followed by the opening of three additional hotels: the Meliá Dürres, the Meliá Tirana and a third hotel in Dürres under the INNSiDE by Meliá brand. The company thus intends to introduce three of its brands and position itself as one of the leading international hotel operators in the country. 
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News - Radisson Hotel Group opens 15th hotel in Poland
04
Aug
2021

Radisson Hotel Group opens 15th hotel in Poland

by Property Forum
Just steps from the Baltic Sea, Radisson Resort Kolobrzeg opens as Radisson Hotel Group’s 15th hotel in Poland. Nestled in a quiet area east of the city centre, it is the first hotel in Kołobrzeg to have its own aqua park.
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News - Accor signs first Tribe hotel in Hungary
03
Aug
2021

Accor signs first Tribe hotel in Hungary

by Property Forum
Accor announced the signing of the first Tribe hotel in Hungary in partnership with local real estate developer Futureal. The 250-room Tribe hotel will open in Budapest at the end of 2023. The project is a major milestone in Futureal’s operation as part of its new business line focusing on hotel developments.
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News - Polish hotels count on "revenge demand"
28
Jul
2021

Polish hotels count on "revenge demand"

by Property Forum
The 75% occupancy limit does not mean working at full capacity, but the recovery of the hotel market is driven by the return of holiday travel and stronger demand for hospitality services. Although the industry is facing a number of challenges, hotel owners hold onto their assets, they are reluctant to sell at a discount, believing that business will return to pre-pandemic levels. JLL summarizes the current situation on the Polish hotel market.
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News - Wyndham opens new hotel in Budapest
14
Jul
2021

Wyndham opens new hotel in Budapest

by Property Forum
Wyndham Hotels & Resorts announced the opening of H2 Hotel Budapest, Trademark Collection by Wyndham, the latest addition in Wyndham’s portfolio of Trademark properties across Europe and its first property under the Trademark Collection brand in Hungary.
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News - Opera Plaza Hotel in Cluj-Napoca sold for €8.1 million
13
Jul
2021

Opera Plaza Hotel in Cluj-Napoca sold for €8.1 million

by Property Forum
The Faculty of Law within Babeș-Bolyai University paid 40 million lei (around €8.1 million) to purchase Opera Plaza Hotel in Cluj-Napoca. The building will serve as the new HQ of the public educational institution. 
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News - Eagle Hills completes structural works on Kula Belgrade
09
Jul
2021

Eagle Hills completes structural works on Kula Belgrade

by Property Forum
Belgrade Waterfront developer Eagle Hills has completed structural works on Kula Belgrade. With 168 metres, 42 levels and a total area of about 50,000 sqm, the tower is the tallest building in Serbia and the region.
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News - Wing completes B&B Hotel Budapest City
08
Jul
2021

Wing completes B&B Hotel Budapest City

by Property Forum
Wing has completed the first Hungarian unit of B&B Hotels, having converted the former Angyal office building in Boráros Square, on the bank of the Danube in Budapest. The hotel features a restaurant, a bar, a rooftop bar with a view, two meeting rooms, and an underground parking garage with electric charging stations. The new hotel will welcome its first guests in the summer of 2021.
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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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