ARTICLES LABELLED WITH TAG luxury

News Accor opens new luxury hotel in Hungary
05
May
2023

Accor opens new luxury hotel in Hungary

by Property Forum
The new five-star Minaro Hotel MGallery offers 100 rooms in the world-famous wine region of Tokaj. This is Accor's first luxury hotel in Hungary outside Budapest.
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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 War in Ukraine puts further pressure on Poland’s residential market
30
Mar
2022

War in Ukraine puts further pressure on Poland’s residential market

by Property Forum
The influx of refugees has resulted in further demand on Poland’s already fast-paced residential market. At the same time, fears over a prolonged or escalated crisis might decrease investment activity in the short run. Bartłomiej Annusewicz, CEO of luxury residential real estate agency Lions Estate talked to Property Forum about the trends driving various segments of the market.
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News InterContinental Bucharest to rebrand as Grand Hotel Bucharest
13
Dec
2021

InterContinental Bucharest to rebrand as Grand Hotel Bucharest

by Property Forum
InterContinental Romania has finalized the hotel operating contract with IHG Hotel & Resorts so the name of the property in central Bucharest will be changed to Grand Hotel Bucharest. 
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News Eden Capital invests €25 million in Bucharest luxury apartments
08
Nov
2021

Eden Capital invests €25 million in Bucharest luxury apartments

by Property Forum
Romanian property company Eden Capital Development will invest €25 million in a luxury residential complex in northern Bucharest comprising 172 apartments. 
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News Luxury apartments' popularity among buyers grows in Poland
13
Oct
2021

Luxury apartments' popularity among buyers grows in Poland

by Property Forum
Luxury apartments are still less than 1% of the primary market in Poland, but their popularity among buyers is growing. Since the beginning of 2020, the average quarterly sales volume in this segment is double the number set between 2017 and 2019.
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News Eden Capital Development invests in Bucharest luxury apartments
24
Aug
2021

Eden Capital Development invests in Bucharest luxury apartments

by Property Forum
Property developer Eden Capital Development says it will invest in two luxury residential compounds in northern Bucharest due to higher demand for high-end projects in the Romanian capital. 
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News Bitcoin accepted as payment for Bucharest penthouse
28
Jun
2021

Bitcoin accepted as payment for Bucharest penthouse

by Property Forum
The most popular cryptocurrency in the world is one of the eligible payment options for a luxurious penthouse in Bucharest, in the latest venture of real estate consultancies in the digital field.
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News COVID-19 drives up demand for premium resi assets in Bucharest
29
Sep
2020

COVID-19 drives up demand for premium resi assets in Bucharest

by Property Forum
The Little Genius private school rented a historical monument villa located on Kiseleff Boulevard in Bucharest in order to meet the social distancing requirements imposed by the authorities, the transaction being intermediated by Cushman & Wakefield Echinox.
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News Hyatt announces plans for Párisi Udvar Hotel in Budapest
28
Sep
2017

Hyatt announces plans for Párisi Udvar Hotel in Budapest

by Property Forum
Hyatt Hotels Corporation announced plans for the Párisi Udvar Hotel in Budapest, joining Hôtel du Louvre in Paris as the second hotel in Europe for The Unbound Collection by Hyatt and third outside of the U.S. Hyatt has entered into a franchise agreement with Párizs Property Kft for the project, which will see Párisi Udvar in downtown Budapest converted into an upper-upscale 110-room hotel. The hotel will feature 18 suites, including 2 presidential suites. The Párisi Udvar Hotel is expected to open in 2018 and will be managed by Mellow Mood Hotels.
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Latest news


New leases

  • The Polish office of the international legal network Eversheds Sutherland will occupy the 18th and partly the 17th floor of the Widok Towers office building in the centre of Warsaw. It will take an area of over 1,400 sqm in the building, owned by Commerz Real fund.
  • The office space in Warsaw's PZO Factory (owned by White Star Real Estate) has been fully leased. The tenant of approximately 380 sqm on the ground floor of the PZO II building has become the medical company Affidea.
  • Cuponation GmbH will lease more than 200 sqm in the LIFE Building (formerly Atrium Tower) in Warsaw, which is owned by Austrian company VIG Fund (a part of Vienna Insurance Group). JLL is responsible for the commercialization process of the building. Tenant was represented by CBRE.

New appointments

  • DLA Piper’s Prague office has appointed a Corporate partner with a focus on technology Tomáš Ščerba, Real Estate partner Michal Hink and Banking, Finance and Restructuring counsel Leo Javorek.
  • Following Magdalena Sekuła's resignation from the Supervisory Board of LPP, and the reduction of the number of Supervisory Board members below the statutory minimum, the Supervisory Board appointed Jagoda Piechocka as a Supervisory Board member.
  • Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.


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