ARTICLES LABELLED WITH TAG hotel

News Market Group secures loan for Budapest mixed-use development
03
May
2022

Market Group secures loan for Budapest mixed-use development

by Property Forum
The asset management arm of Hungarian developer Market Group has signed a €65 million loan agreement with Raiffeisen Bank to finance a huge mixed-use project in a prestigious district of Budapest, not far from the embankment of the river Danube. A Class A office complex and a boutique hotel offering 127 rooms will be completed by 2023. 
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News Hungarian market players expect tightening financing conditions
03
May
2022

Hungarian market players expect tightening financing conditions

by Property Forum
Geopolitical tensions hurt demand for commercial property, appetite for property development, financing conditions and property investment decisions over the short run, the Hungarian National Bank (MNB) reports.
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News Hungary’s hotel market gets more attractive for foreign investors
02
May
2022

Hungary’s hotel market gets more attractive for foreign investors

by Property Forum
New international hotel chains will appear in Budapest for the first time. Budget hotels will remain competitive. Slow recovery of conference tourism gives some hope to the hospitality industry in Hungary, Csaba Tóth, Director, Head of Hotels at CBRE Hungary says to Property Forum.
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News Ensana hotel group invests €9 million in Romania
19
Apr
2022

Ensana hotel group invests €9 million in Romania

by Property Forum
Ensana hotel group has announced an investment of €9 million in revamping the 4-star Sovata hotel with 168 rooms. 
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News Nordis to start hotel/resi deliveries in Mamaia
12
Apr
2022

Nordis to start hotel/resi deliveries in Mamaia

by Property Forum
Romanian developer Nordis Group says it will deliver this year up to 1,000 hotel rooms and residential units in its project located in the Mamaia seaside resort. 
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News Mercure Białystok Hotel is open for guests
12
Apr
2022

Mercure Białystok Hotel is open for guests

by Property Forum
The 92-room building is the first Mercure hotel in Białystok. The central element of the hotel is giant bison - the symbol of the region.
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News €500 million megaproject to create new commercial hub in Ljubljana
11
Apr
2022

€500 million megaproject to create new commercial hub in Ljubljana

by Property Forum
In Ljubljana, a huge mixed-use project will see the creation of a new railway station, a new bus station, a hotel, a shopping centre, offices and apartments as part of the Emonika project. The public infrastructure project will be complemented by a private development by Mendota Invest, owned by Hungary’s OTP Real Estate Investment Fund. The project, which is worth nearly €500 million, was presented in Ljubljana by Sándor Csányi, CEO of OTP, Jernej Vrtovec, Slovenia’s Minister of Infrastructure, Zorán Janković, Mayor of Ljubljana, Dusan Mes, CEO of the Slovenian Railways and Janez Kozelj, Deputy Mayor of Ljubljana, Hungarian business daily Portfolio reports.
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News Accor to open new hotel in Debrecen in August
11
Apr
2022

Accor to open new hotel in Debrecen in August

by Property Forum
The French group will open a Mercure hotel in Debrecen, the second-largest city in Hungary. This will be the second destination for the brand outside Budapest.
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News Hard Rock Hotel opens in Budapest
07
Apr
2022

Hard Rock Hotel opens in Budapest

by Property Forum
The five-star lifestyle hotel has 136 rooms, two restaurants, and a bar. An event venue was also established on the roof of the building in downtown Budapest.
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News UBM Development opens Andaz Prague hotel
07
Apr
2022

UBM Development opens Andaz Prague hotel

by Property Forum
The Andaz Prague hotel, which was developed by UBM Development, has officially opened. It took the real estate development company two-and-a-half years to transform the neo-classical landmarked Sugar Palace into an Andaz-brand lifestyle luxury hotel.
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Latest news


New leases

  • Elegance Decor, the home & deco company, has leased 400 sqm in Bucharest-based Equilibrium 1 for its new office. The building has a total leasable area of 20,700 sqm and was developed by Skanska.
  • Majorel Polska, an international outsourcing services provider has extendied a lease agreement for the next 2 years and leased additional 400 meters for a new project - IT Hub in recently modernised Globis Poznań by GTC. It now occupies 3 200 sqm of A-class workspace. CBRE has advised Majorel Polska on concluding the lease contract.
  • NEPI Rockcastle Poland has extended its office lease agreement and enlarged its premises in the Cosmopolitan Twarda 4 building in Warsaw city centre. The shopping centre owner and operator now occupies 1,500 sqm of offices in the building.

New appointments

  • AXI IMMO decided to develop and expand its operational activity with an offer of complex services in property valuation. Grzegorz Chmielak was appointed as the Head of the new service line, and he will also manage the Capital Markets Department.
  • Tamás Kiss has joined Hungarian asset management company Diófa Alapkezelő Zt. and has been appointed deputy CEO. Previously he worked for several brokerage firms as a director of asset management and director of investment or compliance unit.
  • Tomasz Pietrzak, with MLP Group for more than five years, has been promoted to the position of Leasing Director Poland. Until recently responsible for the commercialisation of warehouse space in the Warsaw region, now he will manage leases across Poland.


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