News - Czech Inn Hotels expands portfolio in Prague
19
Nov
2024

Czech Inn Hotels expands portfolio in Prague

by Property Forum
Czech Inn Hotels has bought the Prague Wellness Hotel Step, the company founder Jaroslav Svoboda has confirmed for Seznamzpravy.cz.
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News - Higher hotel income in Croatia to boost construction sector
28
Oct
2024

Higher hotel income in Croatia to boost construction sector

by Property Forum
Croatia’s revenue in the tourism sector rose by 8% year-on-year to August 2024, which might have an impact on the hotel construction activity. 
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News - Radisson Blu Hotel Bucharest completes €1.6 million investment
23
Oct
2024

Radisson Blu Hotel Bucharest completes €1.6 million investment

by Property Forum
Radisson Blu Hotel Bucharest has renovated its meeting and events facilities following an investment of €1.6 million.
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News - Forestay Group to deliver Moxy Budapest hotel in early 2026
14
Oct
2024

Forestay Group to deliver Moxy Budapest hotel in early 2026

by Property Forum
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. 
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News - Hotel Co 51 brings Marriott's second Element hotel to Europe
02
Oct
2024

Hotel Co 51 brings Marriott's second Element hotel to Europe

by Property Forum
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.
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News - Moxy Hotels plans new openings in CEE and SEE
26
Sep
2024

Moxy Hotels plans new openings in CEE and SEE

by Property Forum
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. 
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News - Marriott to open three hotels in Romania by 2029
20
Sep
2024

Marriott to open three hotels in Romania by 2029

by Property Forum
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.
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News - Prize by Radisson hotel chain expands in CEE
06
Sep
2024

Prize by Radisson hotel chain expands in CEE

by Property Forum
Radisson Hotel Group has announced the rebranding of prizeotel to Prize by Radisson and its entry in Poland. 
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News - Pavăl Holding and Apex Alliance buy Swiss luxury hotel
06
Sep
2024

Pavăl Holding and Apex Alliance buy Swiss luxury hotel

by Property Forum
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. 
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News - Romania sees more hotel deals under €5 million
26
Aug
2024

Romania sees more hotel deals under €5 million

by Property Forum
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. 
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Latest news


New leases

  • DHL Supply Chain has leased 3,000 sqm for its new European HQ in Budapest-based Liberty Offices, in a deal brokered by iO Partners. DLA Piper Hungary acted as DHL’s legal advisor.
  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.

New appointments

  • Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.

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