Forestay Group has hosted a traditional groundbreaking ceremony for its latest development, the Marriott Moxy Budapest, which will be the first hotel under this brand in Hungary.
Hotel operator Hotel Co 51 has introduced its fifth Marriott brand to its European portfolio with the opening of the Element by Westin® Wrocław - the operator's second Polish property.
Moxy Hotels, a part of Marriott Bonvoy’s portfolio, has announced plans to reach the 100-hotel mark in its Europe region by the end of 2025, which will include several openings in CEE/SEE-based cities.
Global hospitality group Marriott International will open three new hotels in Romania in the next five years as part of a partnership with a local investor.
Pavăl Holding, owned by Romanian Pavăl brothers, and Lithuanian hospitality group Apex Alliance, have jointly purchased Waldhaus Flims Wellness Resort, 5-star hotel complex in Switzerland.
Romania’s hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report.
Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.
Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.
New appointments
At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
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