ARTICLES LABELLED WITH TAG hotel

News How are CEE hotel markets doing post-pandemic?
09
Dec
2022

How are CEE hotel markets doing post-pandemic?

by Property Forum
In its latest study on the CEE hotel market, hotel real estate expert Christie & Co sheds light on how the capital cities of Prague, Bratislava and Budapest developed during the Covid-19 pandemic and which of the three cities emerged the strongest from the crisis.
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News Czech company to build hotel complex in Dubai
28
Nov
2022

Czech company to build hotel complex in Dubai

by Property Forum
Massive construction is underway on one of the artificial peninsulas being created off the UAE's coast. The Czech company Preston Capital is now investing in a four-star hotel complex there. It plans to invest $50 million (€48 million) in Ras al-Khaimah, E15.cz reported.
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News Hotel investors are more cautious than ever before
24
Nov
2022

Hotel investors are more cautious than ever before

by Property Forum
Hotels are under extreme pressure across Europe and there is no investors’ rush to put money in these assets under the current tough economic conditions. Property Forum asked Péter Takács, Investment Director at Newmark VLK Hungary about the way out from this crisis and the chances of local mid-size investors in the CEE region.
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News Strabag to replace Atrium in Warsaw with offices and hotel
18
Nov
2022

Strabag to replace Atrium in Warsaw with offices and hotel

by Property Forum
Strabag Real Estate has announced the development of Upper One, an office and hotel complex at the junction of ul. Grzybowska and Jana Pawła II in Warsaw. It will replace the out-of-use Atrium International office building.
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News Service providers adjust services to rapidly changing demand
16
Nov
2022

Service providers adjust services to rapidly changing demand

by Property Forum
Service providers, including international property agencies, are bound to adjust their services to the rapidly changing demand from occupiers, developers and investors. Property Forum asked Kata Mazsaroff, the recently appointed Managing Director of Colliers Hungary to unveil her expectations about the commercial real estate market in the region and in Hungary in particular.
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News Hotel assets are more popular in Europe than in Poland
08
Nov
2022

Hotel assets are more popular in Europe than in Poland

by Property Forum
The volume of investment transactions recorded in the hotel sector on European markets in the first half of 2022, reached a similar level to last year's. The UK remains the most active market, followed by France, Italy, Spain and Germany, says Walter Herz.
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News Hungary's MNB warns of mounting risks for CRE
05
Nov
2022

Hungary's MNB warns of mounting risks for CRE

by Property Forum
Rising energy prices and construction costs, the volatility and depreciation of the forint against the euro, rising interest rates and tightening financing conditions all represent challenges for the actors over the short term, the Hungarian National Bank (MNB) states in its fresh outlook. 
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News Hyatt comes back to Poland
04
Nov
2022

Hyatt comes back to Poland

by Property Forum
Hyatt Hotels Corporation announced the opening of Hyatt Place Kraków, marking the first Hyatt hotel in the city. The hotel represents the return of the Hyatt brand to Poland.
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News Marriott Hotel to open in Brașov
27
Oct
2022

Marriott Hotel to open in Brașov

by Property Forum
Romanian developer Urban Invest will add a hotel under the AC Marriott brand in its mixed-use project Urban Plaza that is currently under construction in Brașov. 
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News Penta plans €38.5 million new hotel in Prague's centre
03
Oct
2022

Penta plans €38.5 million new hotel in Prague's centre

by Property Forum
Several big new hotels are to be open in Prague in the next few years. Most of them will be operated by multinational chains and most of them will be the reconstructions of historical sites, except only two new of them that are planned by Penta Investments. For one of them, Penta obtained a €38.5 million loan from the Komerční banka, writes E15.cz.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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