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.
Hilton has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Romanian group Pavăl Holding and Apex Alliance.
Apex Alliance Hotel Management has opened The Marmorosch Bucharest, Autograph Collection in Bucharest Old Town, following an investment of €42 million.
Lithuanian hotel operator Apex Alliance Group has announced the opening this summer of its most extensive project in Romania, The Marmorosch Bucharest, Autograph Collection.
Lithuanian group Apex Alliance Hotel Management plans to open the new Moxy Bucharest Old Town hotel on July 20. The total investment cost of the hotel equals €12.5 million.
Lithuanian company Apex Alliance, the owner of the Hilton Garden Inn hotel in Bucharest’s old town, will invest €90 million in four new hotels on the Romanian market. The hotels will operate under Marriot International and Hilton World Wide brands.
Local developer ELI Parks has leased 8,900 sqm within ELI Park Bacău to Aquila, the distribution and logistics company specialized in the FMCG sector.
Vastint Romania has announced the opening of Saint Roastery Botanica, an urban café, within Business Garden Bucharest, occupying an area of 165 sqm.
Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.
New appointments
Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.
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