News - Radisson Blu Cluj to open in 2022
02
Sep
2021

Radisson Blu Cluj to open in 2022

by Property Forum
The first 5-star hotel in Cluj-Napoca will be delivered next year following an investment of €22 million made by Winners Park Invest. 
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News - Sofitel in Wrocław becomes Wyndham
02
Sep
2021

Sofitel in Wrocław becomes Wyndham

by Property Forum
Christie & Co has found a new tenant for the former Sofitel on the main square with Mogotel, who will operate the hotel in Wroclaw's city centre under the Wyndham brand. For the Latvian operator Mogotel, it is the first hotel in Poland.
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News - CPI Hotels builds new hotel in Brno
18
Aug
2021

CPI Hotels builds new hotel in Brno

by Property Forum
CPI Hotels has begun the construction of a new Clarion hotel in Brno, near the city’s main train station, local daily Denik reports.
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News - Prague hotels are still underperforming but investors remain interested
17
Aug
2021

Prague hotels are still underperforming but investors remain interested

by Property Forum
The occupancy level in Prague’s hotels was just 10% during the first six months of this year, with revenue remaining far below the average of the pre-coronavirus years. Contrary to initial expectations, their owners are not selling them – definitely not on a mass scale. Investors’ interest in buying remains strong – more than one-third of them are “very” or “highly” interested in Prague, according to Cushman & Wakefield’s current Hotel Investor Beat survey. Investors obviously trust Prague’s hospitality market and perceive its current situation as temporary.
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News - Apex Alliance opens €42 million hotel in central Bucharest
11
Aug
2021

Apex Alliance opens €42 million hotel in central Bucharest

by Property Forum
Apex Alliance Hotel Management has opened The Marmorosch Bucharest, Autograph Collection in Bucharest Old Town, following an investment of €42 million.
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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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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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