News - Hungarian developer plans hotel in Bratislava
15
Jan
2025

Hungarian developer plans hotel in Bratislava

by Property Forum
The winter port in Bratislava and its future change into a mixed-used urban district is a relatively hot topic. Alfa Group International has launched the Environmental Impact Assessment (EIA) process for its planned hotel near the winter port, reports Yimba.sk.
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News - Prague's InterContinental to open this spring
13
Jan
2025

Prague's InterContinental to open this spring

by Property Forum
After four years, the reconstruction of the former Prague InterContinental hotel is reaching its completion. The hotel is to be operated by the international Fairmont hotel chain under the name Fairmont Golden Prague, reports E15.cz. 
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News - PPF Real Estate acquires hotel in Prague
30
Dec
2024

PPF Real Estate acquires hotel in Prague

by Property Forum
PPF Real Estate Holding has agreed to acquire, for an undisclosed amount, Hilton Prague, a landmark hotel in the Czech capital, from Quinn Group Luxembourg Hotels, represented by the Irish Bank Resolution Corporation.
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News - Hilton enters Timișoara’s hotel market
19
Dec
2024

Hilton enters Timișoara’s hotel market

by Property Forum
Tresor Le Palais in Timișoara has joined the Curio Collection by Hilton brand, marking the first transformation of this kind on the local market. 
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News - EBRD lends to Czech hospitality operator
18
Dec
2024

EBRD lends to Czech hospitality operator

by Property Forum
The European Bank for Reconstruction and Development (EBRD) is lending €46.8 million to CIMEX Group, a hospitality operator in Czechia. The EBRD financing is being provided as part of a €140.4 million syndicated loan facility with UniCredit Bank and Raiffeisenbank.
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News - Catinvest opens Aparthotel Craiova following €12 million investment
12
Dec
2024

Catinvest opens Aparthotel Craiova following €12 million investment

by Property Forum
French property group Catinvest is expanding its presence in Oltenia with the opening of Aparthotel Craiova following an investment of €12 million.
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News - Czech capital competes international one in Prague Hilton sale
12
Dec
2024

Czech capital competes international one in Prague Hilton sale

by Property Forum
The Hilton hotel in Prague, in which former US President Barack Obama or his predecessors Bill Clinton and George W. Bush have stayed, is being sold by IBRC, the investment structure of the Irish bank NAMA, dealing with debt settlement, reports E15.cz. At the same time, the domestic business elite has been competing with multinational investment capital for the largest Czech hotel.
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News - Spark by Hilton to open two hotels in Poland
11
Dec
2024

Spark by Hilton to open two hotels in Poland

by Property Forum
Hilton today announced that following a franchise agreement with Grupa Hotele Polskie, two new properties will open in Northern Poland under the Spark by Hilton brand – a country debut for Hilton’s premium economy conversion brand. Spark by Hilton Pobierowo and Spark by Hilton Krynica Morska will open within the next six months, joining Hilton’s 30 trading hotels across Poland. The new properties together create an additional 226 rooms.
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News - Purposia completes hotel purchase in Ostrava
10
Dec
2024

Purposia completes hotel purchase in Ostrava

by Property Forum
The Kampus Palace student housing project in the former Palace Hotel in the centre of Ostrava is being taken over by Purposia Group, an investment group with Czech roots, through its subsidiary development company Antracit, which is co-managed by former Ostrava mayor Tomáš Macura, reports E15.cz.
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News - Hilton to open first hotel in Republic of Moldova
06
Dec
2024

Hilton to open first hotel in Republic of Moldova

by Property Forum
The international Hilton brand is set to debut in the Republic of Moldova's hospitality market by opening its first hotel in Chișinău. 
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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