ARTICLES LABELLED WITH TAG Orbis

News Accor sells 85.5% stake in Orbis to AccorInvest for €1 billion
18
Dec
2019

Accor sells 85.5% stake in Orbis to AccorInvest for €1 billion

by Property Forum
Accor has entered into a binding agreement to sell its 85.8% stake in Orbis to AccorInvest at a price of PLN 115 per share, corresponding to proceeds for Accor of €1.06 billion (PLN 4.55 billion), in line with Orbis’ Gross Asset Value. This completes the Orbis transaction, following the acquisition by Accor of Orbis’ Management and Franchise business last October for €286m.
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News Orbis to sell its asset light business to Accor
05
Jun
2019

Orbis to sell its asset light business to Accor

by Property Forum
Orbis decided on the potential disposal of its service activity (asset light entity) and entered into exclusive negotiations with Accor - proceeding with the Company business model transformation.
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News New ibis hotel in Bucharest to open in Q3 2020
28
Nov
2018

New ibis hotel in Bucharest to open in Q3 2020

by Property Forum
Orbis Hotel Group, a strategic partner of AccorHotels, continues its expansion in Romania by signing a management contract for ibis Politehnica Hotel in Bucharest with its partner and investor Novum Business Services SRL.
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News Orbis expands in Romania by signing new Bucharest hotel
19
Oct
2018

Orbis expands in Romania by signing new Bucharest hotel

by Property Forum
Orbis Hotel Group, the strategic partner of AccorHotels, has signed a management contract for a new ibis Styles hotel in the city centre of Bucharest.
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News First Novotel hotel signed for Zagreb
12
Oct
2018

First Novotel hotel signed for Zagreb

by Property Forum
Orbis SA, an exclusive partner of AccorHotels for Eastern Europe, and Rox d.o.o. have signed an agreement on cooperation which will result in the opening of a Novotel hotel in Zagreb in late 2020.
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News Orbis Group signs three new hotels in Romania
30
Aug
2018

Orbis Group signs three new hotels in Romania

by Property Forum
In line with its development strategy for AccorHotels branded hotels in Eastern Europe, in particular on the very promising Romanian market, Orbis signed 3 new agreements in recent weeks for a total of 370 hotel rooms.
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News Orbis expands its Romanian portfolio
07
Aug
2018

Orbis expands its Romanian portfolio

by Property Forum
Orbis has opened a new Ibis Styles hotel in the northern area of Bucharest. The hotel features a restaurant, a conference room, a business lounge and a bar, in addition to 80 guest rooms. The property was rebranded from Hotel Erbas.
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News Orbis buys Mercure Bucharest Unirii for €11 million
04
Jul
2018

Orbis buys Mercure Bucharest Unirii for €11 million

by Property Forum
In accordance with its business strategy - consisting in allocating capital to the most promising markets, which will underpin sustainable results in the future, Orbis has signed a purchase agreement for the plot, building and the business related operations in Mercure Bucharest Unirii for €11.35 million.
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News Orbis sells Novotel Szeged in Hungary
31
May
2018

Orbis sells Novotel Szeged in Hungary

by Property Forum
Orbis Hotel Group signed a sale and management back agreement with Budapest-based Novoop Ingatlanüzemeltető Kft. for the Novotel Szeged hotel. As part of the transaction, the hotel was handed over to the new owner on the 9th of May, to be continued to operate under the “Novotel” brand by Orbis in the frame of a long-term management agreement for 15 years.
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News Orbis opens first Mercure hotel in Macedonia
22
May
2018

Orbis opens first Mercure hotel in Macedonia

by Property Forum
Macedonia’s first Mercure Hotel opened in in the centre of Tetovo. The hotel is located in a modern high-rise building with 13 floors, which accommodates a total of 101 rooms.
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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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