Grand Development, founded by Romanian entrepreneur Ionuț Nicolescu, has closed a partnership with Radisson Hotel Group for the opening of its first five-star villas resort in Romania, near Brașov.
Romanian hospitality consultancy Premier Hospitality has been appointed operator of the Ramada Sibiu Hotel under a lease agreement that will run for 20 years.
International developer UDI Group is developing the Parkside project in Budapest. Baltic hotel group Mogotel is confirmed to operate it under the Staybridge Suites brand name of the global hotel chain IHG.
Hospitality group Mogotel has signed a partnership with Romanian developer Monarc Properties for the opening of the first Radisson Blu hotel in the seaside resort Mamaia.
The general assembly of Tatry Mountain Resorts has agreed to issue approximately 6.3 million of new actions. The tourist operator is hoping to get up to €120 million of new capital.
TMS Inwestycje, a company controlled by Tobias Solorz, has acquired the 148-room Holiday Inn Resort Warszawa Józefów hotel from the Aquila Group. The transaction included both the property and the shares in Aquila Hotels, the company operating the hotel in Józefów.
The new Swissôtel Lagoon Budapest hotel will offer 200 rooms and apartments overlooking a man-made lagoon by the Danube River. Romanian property developer Forty Management will oversee the project. The handover is scheduled for 2028.
Lifestyle and leisure hospitality company Ennismore announced the signing of SO/ Budapest, the brand’s first destination in Hungary. SO/ Budapest will open in 2026, following extensive refurbishment of both the exterior and interior of the building.
The Prague Hilton, the largest hotel in the Czech Republic, offering almost eight hundred rooms and more than 7.000 sqm of space for holding conferences, may be changing owners soon, informs e15.cz.
On behalf of Generali Adriatic Value Fund, SIF, Peakside Capital and Generali Investments Slovenia have sold the Austria Trend hotel located in the capital of Slovenia. The buyer is Serbian company Agromarket d.o.o., Kragujevac.
Eazy Asigurări has leased 1,000 sqm within Bucharest-based One Cotroceni Park, developed by One United Properties.
Print Logistic's Polish HQ has been relocated to City Logistics Łódź VI, owned by Panattoni. The new production and office space, totalling nearly 6,200 sqm, is scheduled to open in May 2026. The deal was brokered by Savills.
Automotive companies, including Mercedes-Benz Romania, Maserati, Chery, Daimler Truck & Bus, and a major global electric vehicle manufacturer, have established offices and showrooms within the Swan Office & Technology Park project, owned by Smartown Group. These occupiers hold a total leased area of 9,000 sqm, further complemented by Moto24/Xplorator.
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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