26
Aug
2024
Aug
2024
Romania sees more hotel deals under €5 million
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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22
Aug
2024
Aug
2024
Bucharest hotel market to add 2,400 rooms by 2026
Bucharest’s hotel market is set to expand by around 2,400 rooms by 2026, outpacing the estimated growth from other CEE-based capital cities, according to a Cushman & Wakefield report.
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07
Aug
2024
Aug
2024
Bucharest’s short-term rental industry totals €24 million in H1 2024
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
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02
Aug
2024
Aug
2024
Mondrian Bucharest hotel construction kicks off
Romanian developer One United Properties has announced that construction has kicked off at Mondrian Hotel in Bucharest, with completion expected in 2026.
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29
Jul
2024
Jul
2024
Maistra Hospitality Group secures green loan up to €200 million
Maistra Hospitality Group, Croatia's second-largest tourism player, has obtained a blue and green sustainability-linked loan of up to €200 million, from the International Finance Corporation (IFC), as part of its strategy to boost sustainability operations.
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23
Jul
2024
Jul
2024
Forestay and Recorde invest in student accommodation in Budapest
Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.
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23
Jul
2024
Jul
2024
Radisson opens new hotel in Kraków
The Radisson RED Hotel & Radisson RED Apartments hotel opened in Kraków’s Unity Centre. The property features 229 rooms, along with 46 extended-stay apartments located in a separate building.
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16
Jul
2024
Jul
2024
Wing’s Tribe Budapest Airport Hotel to open in 2025
Wing will open next year a new 4-star hotel with direct terminal access to the Budapest Liszt Ferenc International Airport. The hotel will be operated under a management agreement with Accor.
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09
Jul
2024
Jul
2024
Melea Hotel gets first LEED hospitality certification in Hungary
The Melea – The Health Concept in Sárvár has become the first building in Hungary to receive the LEED BD+C: Hospitality certification, with the Gold status. The project was assisted by Colliers ESG Team in the certification process.
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01
Jul
2024
Jul
2024
First villa project under Radisson brand to open in Romania
Grand Development, founded by Romanian entrepreneur Ionuț Nicolescu, has closed a partnership with Radisson Hotel Group for the opening of its first five-star villas resort in Romania, near Brașov.
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Latest news
- Prague office vacancy hits lowest level since early 2020
- YIT Slovakia appoints new Managing Director
- Business Park Sofia transforms into mixed-use project
- Natland acquires office building in Bratislava from PSS
- Panattoni's development pipeline in Poland close to 850,000 sqm in 2025
- Speedwell starts construction of mixed-use project in northern Bucharest
- Terranova Logistic Park sold to investor group
- Domestic capital reshapes CEE investment dynamics
- Accolade Group invests €60 million in Czech industrial park
- Belgrade residential market shows 10% growth in Q3 2025
New leases
- BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
- M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
- dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.
New appointments
- Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
- Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
- CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
