Orbis expands in Romania by signing new Bucharest hotel

19
Oct
2018
News - Orbis expands in Romania by signing new Bucharest hotel #AccorHotels #Bucharest #hotel #Orbis #Romania

by Property Forum | Hotel

Orbis Hotel Group, the strategic partner of AccorHotels, has signed a management contract for a new ibis Styles hotel in the city centre of Bucharest.


“Eastern Europe offers new, exciting destinations for both corporate and leisure travellers from around the globe. On top of it, economies of countries in this part of the world are on the rise along with the domestic purchasing power. Definitely, we see the potential and that is why we are dynamically expanding our network of hotels in this region under AccorHotels’ brands. We offer currently 129 hotels in 12 countries and have more than 40 projects secured,” commented Gilles Clavie, President of the management board & CEO of Orbis.
 
“With 11 hotels today and another 10 in the pipeline, Romania is a key market for us. We do not hide that we actively continue to look for further developing opportunities on the market,” added Frank Reul, Head of Development of Orbis & AccorHotels Eastern Europe.
 
The newly-built ibis Styles Bucharest City Center, expected to be open in 1Q 2020, is developed in partnership with Romanian owner and investor - Dentotal Hospitality and will be managed by Orbis.
 
ibis Styles Bucharest City Center is located on Stirbei Voda, within walking distance from the Athenaeum, the Royal Palace, the National Opera House and the main train station Gara de Nord. It will offer 152 guest rooms, including family rooms and rooms for guests living with disabilities, restaurant, bar, meeting rooms as well as own parking.



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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