Radisson to open two new hotels in Warsaw

28
Feb
2019
News - Radisson to open two new hotels in Warsaw #development #hotel #Poland #Radisson #Warsaw

by Property Forum | Hotel

Radisson Hotel Group announced the introduction of its Radisson Collection brand to the Polish capital of Warsaw. The premium lifestyle property will open in May 2019. Radisson Hospitality AB also announced the signing of the Radisson RED Warsaw. The upscale, lifestyle select-service brand will be introduced in 2023.


Radisson Collection Hotel, Warsaw
 
Elie Younes, Executive Vice President and Chief Development Officer, Radisson Hotel Group, said: "Located in the heart of the city, this property becomes part of a select group of 25 hotels to have joined Radisson Collection since last year. We're grateful to our partners, Europa Capital, for their trust in our people and our brands."
 
The Radisson Collection Hotel, Warsaw will feature 311 rooms and suites, a significantly upgraded modern lobby, lounge and open-plan communal areas - as well as a restaurant venue.
 
James Pennington, Director at Europa Capital, said: "Having acquired the Radisson Blu Hotel building in 2017 with our partners WX Management Services, we're delighted to be launching this comprehensive refurbishment, which is in line with our asset management strategy. These works will modernize the existing property and upgrade it to deliver Warsaw's newest five-star hotel, right in the heart of Poland's capital. Warsaw is a prime destination for business travellers and a growing number of tourists so, by working closely with Radisson Hotel Group, our ambition is to create a modern, fit-for-purpose hotel to match the city's dynamism."
 
The Radisson Collection Hotel, Warsaw will be operated by Radisson Hospitality AB under an International Management agreement.
 
Radisson RED Warsaw
 
Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said: "Radisson RED stands out from the crowd, so we're excited to launch this bold, eclectic and playful brand in Warsaw. It's the 17th property in our rapidly expanding portfolio in the country. Poland was also recently upgraded to 'developed market' status by FTSE Russell; the first country to experience such an upgrade in a decade."
 
The newly built Radisson RED Warsaw will feature 267 guest rooms, a restaurant and bar, a gym, and an 820 sqm creative Meetings & Events space. Designed by the well-known architectural office Arquitectonica, the hotel will be an integral part of the 140m high-rise building Liberty Tower, which complements the Warsaw skyline.
 
Cezary Jarzabek, Founder and CEO of Golub GetHouse, the investor of the Liberty Tower, said: "We're proud and satisfied to start our collaboration with one of the world's largest hotel groups. Radisson RED is known for locating its hotels in buildings with distinguished architecture, generating a creative atmosphere and ensuring quick access from every corner of the city. Liberty Tower certainly blends seamlessly into this trend and is even ahead of it. I'm confident that the Radisson RED spaces at Liberty Tower will be among the most modern and comfortable in the world, and people staying here will enjoy the unique atmosphere of Warsaw."
 
The Radisson RED Warsaw will be operated by Radisson Hospitality AB under an International Lease Agreement.



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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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