ARTICLES LABELLED WITH TAG luxury

News - Romania’s luxury retail niche ripe for growth
27
Mar
2025

Romania’s luxury retail niche ripe for growth

by Property Forum
The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.
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News - First JW Marriott in Poland to be built in Kraków
21
Feb
2025

First JW Marriott in Poland to be built in Kraków

by Property Forum
Marriott International has announced the signing of an agreement with J.W. Construction, one of the leading property developers in Poland, to bring the JW Marriott luxury brand to the country.The hotel will be located in the heart of Kraków’s city centre, housed in one of the city’s historical buildings.
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News - Poland’s premium real estate market estimated at €840 million
05
Feb
2025

Poland’s premium real estate market estimated at €840 million

by Property Forum
The Polish luxury real estate market is relatively young, with its assets constituting only a small percentage of the overall housing market, while the value of this niche stands at around PLN 3.5 billion (€840 million), according to a Walter Hertz report. 
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News - Romania sees more hotel deals under €5 million
26
Aug
2024

Romania sees more hotel deals under €5 million

by Property Forum
Romania’s hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report. 
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News - La Gloire invests €8.5 million in Bucharest boutique resi project
30
May
2024

La Gloire invests €8.5 million in Bucharest boutique resi project

by Property Forum
Romanian developer La Gloire Elite is investing €8.5 million in a high-end residential building based in central Bucharest.
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News - Comnord starts resi project in northern Bucharest
05
Jul
2023

Comnord starts resi project in northern Bucharest

by Property Forum
Romanian property developer Comnord Development will start in September the construction of a new luxury residential project in northern Bucharest, with a projected investment of €30 million. 
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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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Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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