ARTICLES LABELLED WITH TAG hostel
30
Jan
2020
Jan
2020
CEE’s hostel market is evolving fast
Christie & Co recently launched their new report focusing on the hostel markets in Vienna, Prague and Budapest. The report shows an overview of the business model itself, key characteristics, the evolution of the hostel concept and gives a deeper insight of the mentioned markets: Vienna, Prague and Budapest, in terms of demand, supply and especially branded supply.
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17
Jan
2019
Jan
2019
ConvergenCE to build Budapest hotel
The largest privately owned hostel-chain in Europe a&o Group will open its first quarters in Budapest in 2019. The German group creates a modern hostel by simultaneously restoring and transforming a historic property into a 108-room hostel. ConvergenCE is to lead the complete reconstruction of the selected property in Csengery Street.
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21
Nov
2018
Nov
2018
Hostel chain a&o to enter Budapest
Europe’s largest privately owned hostel chain, a&o is set to open its first property in Budapest. The company has been searching for suitable properties for a year and found the right building in the vibrant part of the 7th district, at Csengery street, with the help of Cresa
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05
Jan
2017
Jan
2017
TPG Real Estate acquires A&O Hotels and Hostels
TPG Real Estate, the real estate platform of global private investment firm TPG, announced that it has completed the purchase of A&O Hotels and Hostels, the largest fully integrated, privately-owned, hostel platform in Europe. The transaction will help A&O expand and enhance its operations.
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Latest news
- Family Office Noack buys controlling stake in Zeitgeist Asset Management
- Prologis leases 135,000 sqm in Slovakia during 2025
- Segmentation, ESG and selective growth: What’s next for residential in Poland?
- Romanian housing supply hits eight-year low in 2025
- Atenor sells office building in Bucharest for €52 million
- Slovak property market sees strong recovery in 2025
- Hungary's construction activity hits nine-year low in Q4 2025
- Gránit Asset Management unifies Hungarian retail portfolio under Zone brand
- Polish regional office markets hit record leasing despite supply drop in 2025
- Prague flex office market surges 60% in five years
New leases
- CurryLab, a new dining concept by the owners of IndianTaste, has signed a lease for more than 150 sqm on the ground floor of the NEFRYT residential building in Warsaw. The brand’s fourth location in the city is scheduled to open this summer at SOHO by Yareal.
- Poland’s largest residential developer, Dom Development, has finalised a lease extension and significant expansion at the Metropolitan Warszawa building. Under the new agreement, the firm will occupy more than 4,000 sqm of office space. JLL represented the tenant throughout the negotiations.
- CTP has signed a lease agreement with Fabi Total Grup. The Romanian company, which specialises in the production and storage of professional cleaning agents, has taken approximately 4,700 sqm at CTPark Bucharest South.
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.
