24
Mar
2025
Mar
2025
Niro Group opens first Corinthia hotel in Romania
Niro Investment Group has officially opened its luxury boutique hotel Corinthia Grand Hotel du Boulevard Bucharest, following a franchise agreement with the Corinthia hotel chain.
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20
Mar
2025
Mar
2025
Sir Hotel opens in Prague
The Sir Hotels chain coming from Amsterdam has opened its new hotel close to the Vltava river bank in Prague this week.
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19
Mar
2025
Mar
2025
THR sells seaside hotel in Romania for €6.1 million
THR, the public company controlled by Transilvania Investments Alliance, has sold the Balada Hotel, in Saturn resort, to a Romanian buyer for €6.1 million.
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06
Mar
2025
Mar
2025
15 new hotels coming to Romania by 2026
Romania is preparing for a wave of new hotel openings in 2025-2026, solidifying its position as an attractive tourist destination in CEE, according to a report by Colliers.
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24
Feb
2025
Feb
2025
Prague hotel changes hands in CEE's largest single hotel transaction
CBRE has advised on the sale of the Hilton Prague for the Irish Bank Resolution Corporation, marking the largest single-asset hotel transaction ever recorded in CEE. Czech group PPF has purchased the asset.
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21
Feb
2025
Feb
2025
First JW Marriott in Poland to be built in Kraków
Marriott International has announced the signing of an agreement with J.W. Construction, one of the leading property developers in Poland, to bring the JW Marriott luxury brand to the country.The hotel will be located in the heart of Kraków’s city centre, housed in one of the city’s historical buildings.
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20
Feb
2025
Feb
2025
Hotel investments in Romania up 56% in 2024
Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.
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14
Feb
2025
Feb
2025
Estate 01 moves ahead with project in Bratislava
Bajkalská Street in Bratislava is a step closer to transformation into a modern city district. The mixed-use complex Aston 2.022 from the developer Estate 01 has already managed to obtain the first important approval - environmental impact assessment. The developer is moving to the next permitting stage, Yimba.sk reports.
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06
Feb
2025
Feb
2025
Penta proceeds with revitalisation of Masaryk area
The revitalisation of the surroundings of Masaryk station by Penta Real Estate is moving to the next stage. The focus of action is now directed to the south side, to Hybernská Street.
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04
Feb
2025
Feb
2025
GTC & Numa Group launch first project in Hungary
Digital hospitality platform Numa Group and GTC have announced their launch in Hungary with a flagship property in central Budapest.
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Latest news
- CPI Europe exits Italian retail market with two park sales
- Principal snaps 16,000 sqm industrial project in Kraków
- City Point Okęcie achieves Breeam Outstanding certification
- Polish developers face family succession challenges
- MLP Group to expand urban logistics portfolio in Vienna
- EPP secures €324 million for Polish retail portfolio refinancing
- Hungary's political earthquake: What Orbán's defeat means for investments
- Corning expands to over 100,000 sqm at Segro Logistics Park Stryków
- Penta Real Estate and PSN secure permit for mixed-use project in Prague
- Slovakia: Fewer easy wins, more specialised opportunities
New leases
- BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
New appointments
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
- Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
