ARTICLES LABELLED WITH TAG Croatia

News When can affordable housing become a reality in Croatia?
28
Feb
2023

When can affordable housing become a reality in Croatia?

by Property Forum
Continuously rising housing prices across Croatia, additionally amplified by the country’s recent entry into Eurozone and the Schengen area, have provoked discussions about affordable housing and models that can be applied in Croatia, based on the experience of other countries in the CEE region. Erste Group Bank, one of the leading financial institutions in CEE, became a potential forerunner in setting up an affordable housing concept in Croatia, however, the project is yet to commence and still strongly depends on cooperation with local governments, which are often lacking flexibility or avoiding a tighter and highly publicized joint ventures with the private sector.
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News Marriott International signs new property in Croatia
27
Jan
2023

Marriott International signs new property in Croatia

by Property Forum
Marriott International has signed an agreement with Riva's Hotels & Resorts to bring Marriott Hotels to Croatia. Located in Icici on the Opatija Riviera, the new-build hotel is anticipated to open in 2024.
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News Investika expands its Croatian portfolio
16
Dec
2022

Investika expands its Croatian portfolio

by Property Forum
Czech real estate fund Investika has decided to take another step in diversifying its real estate portfolio. Its latest acquisitions are luxury properties in Croatia for short-term rentals.
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News Winds are changing on Croatia’s logistics market
05
Dec
2022

Winds are changing on Croatia’s logistics market

by Property Forum
For a long time, the logistics and industrial market in Croatia has been overlooked by real estate developers, despite the country’s strategic geographical position, proximity to major European markets and developed, high-quality road network, as well as direct access to sea routes. Recent project completions and commencements, with a strong pipeline and the arrival of international developers, suggest that winds are changing, and Croatia could become a very attractive logistics market.
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News GTC promotes Ziv Gigi to Executive Director for SEE
29
Nov
2022

GTC promotes Ziv Gigi to Executive Director for SEE

by Property Forum
GTC announced that Ziv Gigi has been promoted to Executive Director for the Southeast Europe region. In his new role, he will be responsible for all operations of the office sector in Bulgaria, Romania, Serbia and Croatia. He will be in charge of executing the company's strategy and development plan, as well as all of its operational activities, including leasing and asset management. Ziv Gigi’s promotion is part of the company’s greater transformation to strengthen its country leadership to be more responsive to opportunities and challenges in local markets.
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News The race is on to develop more retail parks in Croatia
11
Nov
2022

The race is on to develop more retail parks in Croatia

by Property Forum
Immofinanz leads the development of retail parks across Croatia, with plans for surpassing Supernova and becoming the market leader in Croatia, while local developers remain active as well, focusing on undersupplied locations and the outskirts of large cities.
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News How will Croatia joining the EZ and Schengen impact its real estate market?
23
Oct
2022

How will Croatia joining the EZ and Schengen impact its real estate market?

by Property Forum
Almost ten years after becoming the 28th EU member state, Croatia is set to join both the Eurozone and Schengen Area at the beginning of 2023, integrating the country even deeper into the EU. But how will this affect the local real estate market?
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News GTC to sell two Zagreb office buildings
22
Aug
2022

GTC to sell two Zagreb office buildings

by Property Forum
GTC signed an SPA to sell its Matrix A and B office buildings in Zagreb to a strong local real estate group from Croatia. This transaction will mark a return on cost exceeding 22% and is about 7% above the book value. GTC’s ability to sell assets well above the book value demonstrates that the current discount to NAV on its share price is not justified.
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News Radisson Hotel Group opens repositioned hotel in Pula
23
May
2022

Radisson Hotel Group opens repositioned hotel in Pula

by Property Forum
Radisson Hotel Group announced the debut of its luxury lifestyle Radisson Collection brand in Croatia, with the opening of Grand Hotel Brioni Pula, A Radisson Collection Hotel. This follows an extensive £30 million repositioning of the legendary Hotel Brioni, one of Croatia’s best-known hotels, by Radisson Hotel Group’s partner PPHE Hotel Group and its Croatian subsidiary Arena Hospitality Group.
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News M7 Real Estate bets on logistics and its existing markets in CEE
12
May
2022

M7 Real Estate bets on logistics and its existing markets in CEE

by Ákos Budai
David Ebbrell, CEO and Mirta Ceranac Poljak, Managing Director for Croatia at M7 Real Estate talked to Property Forum at MIPIM about investment strategy, economic challenges and opportunities for sustainable growth.
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Latest news


New leases

  • Woolworth Polska has leased almost 1,000 sqm of space in DL Shopping Park Mikołów, a retail park under construction in the Silesian voivodship.
  • A Reserved store has been reopened in Gemini Park Tarnów. The outlet has gained a new location in the facility and now occupies an area 300 sqm larger.
  • Another new building within the Dekada Grójec retail park has been opened in Grójec. The new part included a Douglas perfumery, which occupied around 200 sqm.

New appointments

  • Angelika Kliś has resigned from her position as a member of Atal's management board, the company announced in a press release. The reason for the resignation was not given.
  • Carrefour has announced changes to the management of its branch in Poland. As of 1st of June, the position of Commercial and Supply Chain Director of Carrefour Poland was taken over by Eric Yung. Tomasz Waligórski was appointed Chief Operating Officer.
  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).

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