Four Seasons opens in Petersburg

Hotels
RUSSIA The Four Seasons Hotel Lion Palace has opened in St Petersburg.
You are reading this content because it is covered by the free limit. Buy full access!
This is the first facility of the international (but originally Canadian) hotel chain to open in Russia. The 177-room hotel is located in the restored 19th century Lobanov-Rostovsky Palace in the city centre, adjacent to St Isaac’s Cathedral. The opening of a second hotel under the brand is also planned – the Four Seasons Hotel Moscow, offering 175 rooms and suites, is to open next year on Manezhnaya Square, adjacent to the entrance gates of Red Square.

Latest news

Investment & finance

Poland BIG buys into Dzierżoniów

schedule 05 March 2026
Opr./edited by AH

BIG Poland has acquired a retail park project in Dzierżoniów in the Lower Silesia region. The project is to be the eleventh park in the company’s portfolio.

Retail & leisure

Poland Magnolia Park to be transformed

schedule 05 March 2026
Opr./edited by AH

A year after NEPI Rockcastle acquired Magnolia Park in Wrocław, the shopping centre is to be modernised. The facility, marking its 19th anniversary this year, will have its food court renovated while the common areas are to be refreshed.

Office & mixed-use development

Poland Metro increases office rents

schedule 05 March 2026
Opr./edited by AH

The proximity to a metro station increases rents by up to 39 pct according to the latest study by Colliers titled ‘Office Buildings Within Reach: The Impact of the Metro and Rail on the Warsaw Office Market’.

Office & mixed-use development

Romania Cluj-Napoca rules the regions

schedule 05 March 2026
Opr./edited by AH

Among Romania's regional office markets, Cluj-Napoca saw the largest amount of space leased, accounting for 43 pct of the total office space leased outside the capital, according to data published in a report by Fortim Trusted Advisors, an official alliance member of BNP Paribas Real Estate.

Retail & leisure

Romania Global Vision and Globalworth announce retail park in Constanța

schedule 05 March 2026
Opr./edited by AH

Global Vision, in partnership with Globalworth, has announced the start of development for a new retail park in Constanța. The first stage of the development will occupy 35,000 sqm of the 10 ha site and will feature a 2,300 sqm anchor space for a leading food retail chain and a 4,000 sqm commercial gallery with a selected mix of tenants.

Retail & leisure

Poland Smart Park to open in Wrocław

schedule 05 March 2026
Opr./edited by AH

The first Smart Park retail park is being built in Wrocław. The project on ul. Kamiennogórska, will also be the site for the nationwide premiere of the full-format Zdrowe Miejsce concept developed by Benefit Systems.

Warehouse & industrial

Poland Rehau signs up with MLP

schedule 05 March 2026
Opr./edited by AH

Advanced polymer manufacturer Rehau is to enter MLP Business Park Poznań with a lease of 4,100 sqm. The space includes around 2,900 sqm of warehouse space, 400 sqm of office and social space, and a 300 sqm showroom.

Infrastructure

Poland One step closer to atomic power

schedule 05 March 2026
Opr./edited by AH

Bechtel, the general contractor for the construction of Poland's first nuclear power plant, as part of the Bechtel-Westinghouse consortium, has signed a contract with Doraco for construction work and support services for the next two stages of geological and geotechnical surveys.

Office & mixed-use development

Poland Enel Med stays on in Green2Day

schedule 04 March 2026
Opr./edited by AH

The Enel-med medical centre in the Green2Day building in Wrocław has extended its lease and plans to transform the centre in response to the changing needs of patients.

Investment & finance

Europe Urban Partners sells care homes

schedule 04 March 2026
Opr./edited by AH

 Urban Partners has announced the divestment of six modern care and nursing homes in Sweden on behalf of Nordic Strategies Fund III (NSF III). The portfolio has been acquired by Northern Horizon through its Aged Care Social Infrastructure Fund (ACSIF).

Warehouse & industrial

Poland Stable rents, reduced developer activity

schedule 04 March 2026
Opr./edited by AH

We are entering 2026 with high levels of occupancy, limited new supply, and stable rents, according to the latest 'Warehouse and Industrial Market in Poland,' report by Savills.

Warehouse & industrial

Poland Two tenants stay on with P3

schedule 04 March 2026
Opr./edited by AH

P3 Logistic Parks has announced two lease extensions at the P3 Poznań logistics park. The new agreements cover a total area of over 64,000 sqm in three buildings: DC1, DC3, and DC4.

Warehouse & industrial

Poland Bremer builds for AJS Parts

schedule 04 March 2026
Opr./edited by AH

Bremer will build a modern warehouse for automotive parts distributor AJS Parts. The 30,000 sqm BTS centre is to be built in Jawczyce, Ożarów Mazowiecki.

Retail & leisure

Poland Big Ostroda becomes bigger

schedule 04 March 2026
Opr./edited by AH

Acteeum is to expand the Big Ostróda retail park by a further 4,000 sqm gla and the addition of a Popeyes restaurant. The new restaurant building is scheduled to open in September, with the new retail space to open in Q1 2027.

Office & mixed-use development

Poland Dom Development stays on in Metropolitan

schedule 04 March 2026
Opr./edited by AH

Residential developer Dom Development has extended its lease in the Metropolitan building on Plac Piłsudskiego in Warsaw and taken on additional space. The company’s lease will now comprise 4,000 sqm of office space.

Warehouse & industrial

Poland Panattoni to build for Nagel

schedule 04 March 2026
Opr./edited by AH

Panattoni is to build a BTS project for food-distribution company Nagel-Group BTS project in Poznań in Panattoni Park Poznań East III. A total of 46,000 sqm of modern warehouse and office space will be developed, with the development set to become Nagel-Group’s key centre in Poland. 

Investment & finance

Hungary Park Center portfolio disposal completed

schedule 03 March 2026
Opr./edited by AH

Revetas Capital,, has announced the finalisation of the sale of the Park Center Hungary portfolio to Gránit Asset Management acting on behalf of Magyar Posta Takarék Real Estate Investment Fund. 

Warehouse & industrial

Poland Sportano increases lease size with Panattoni and Accolade

schedule 03 March 2026
Opr./edited by AH

Panattoni and Accolade have signed a new agreement with Sportano, one of the fastest growing Polish e-commerce platforms in the sports segment. The agreement covers the extension of the tenant's existing lease and an expansion by an additional 14,846 sqm, giving a total of 27,300 sqm at Panattoni Park Zielona Góra II. As a result, the park is now fully commercialised.

Investment & finance

Czech Republic Fidurock buys two Prague townhouses

schedule 03 March 2026
Opr./edited by AH

The real estate investment group Fidurock has purchased two historic apartment buildings at Sokolská 35 and Sokolská 37 in the immediate vicinity of Wenceslas Square.

Retail & leisure

Poland Pasaż Dominikański to open soon

schedule 03 March 2026
Opr./edited by AH

Pasaż Dominikański in Tarnobrzeg has been granted an occupancy permit and is scheduled to open in mid-March.

Latest in Hotels

schedule 27 February 2026

Lithuanians construct hotel in Gdańsk

Construction work on a hotel has been launched in the Wrzeszcz district of Gdańsk. Lithuanian 1 Asset Management is the investor and the developer is the Gdańsk-based Upside Property.

schedule 25 February 2026

ibis Styles open in Tbilisi

ibis Styles has announced the opening of the ibis Styles Tbilisi Mziuri Park in one of the city's greenest districts, next to the historic Wine Factory district and Chavchavadze Avenue. 

schedule 05 February 2026

Mercure opens in Bucharest

Mercure, a brand owned by the Accor Group, has opened the Mercure Bucharest Cantemir in the centre of the city. The brand is also planning to debut in Oradea as well as in Khiva in Uzbekistan in 2026.

schedule 15 January 2026

Swissôtel opens in The Czech Republic

The Swissôtel chain has announced the opening of its first hotel in the Czech Republic in the spa town of Mariánské Lázně.

schedule 22 December 2025

AC Hotels to open in Port Praski

The façade of the Minter townhouse, in the Port Praski development in Warsaw, has been unveiled, restoring its Art Nouveau style.

schedule 18 December 2025

New look for Novotel Praha Wenceslas Square

The comprehensive renovation of the Novotel Praha Wenceslas Square has been completed. The work included 146 guestrooms, the lobby, the fitness centre, the swimming pool, the wellness area, and the conference room.

schedule 12 November 2025

Tourism set to boom around the Med

According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last year, according to the latest EMEA Hospitality report published by Colliers.

schedule 03 November 2025

Novotel comes to Croatia

Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.

schedule 16 October 2025

Staycity to open first Aparthotel in Warsaw

Leading aparthotel operator Staycity Group and international investment firm Solida Capital has announced a strategic partnership for the development of a new Staycity Aparthotel in Warsaw, marking Staycity’s entry into the Polish market.

schedule 10 September 2025

Romanian hotels grow

 Occupancy rates increased by around 4 pct in the first six months of the year compared to the same period of 2024, according to a report by Cushman & Wakefield Echinox with the figures based on the STR data. The average daily rate (ADR) grew by circa 8 pct in local currency. This resulted in a spectacular 12 pct increase in RevPAR YTD 2025 versus 2024.

schedule 29 August 2025

Leonardo expands in JM Tower

Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is only responsible for managing the section where the Leonardo Royal Warsaw hotel operates.

schedule 22 August 2025

Self service in Opole

The De Silva Inn Opole is now open. This is  Poland's largest fully self-service hotel with a usable area of around 4,000 sqm.

schedule 11 August 2025

Mercure comes to Transylvania

The Mercure Hotels & Resorts chain has opened its first hotel in Transylvania. The Mercure Alba Iulia has 118 rooms as well as modular meeting spaces.

schedule 07 August 2025

Redefining luxury

The value of the hotel and spa services market in Poland increased by 16.7 pct year-on-year in 2024, reaching PLN 7.8 bln. According to KPMG, this trend is consistent with the broader, global recovery of the tourism sector.

schedule 24 April 2025

Romanian hotel market continues to recover

The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone of EUR 100.

schedule 03 April 2025

Condo to be built on the Baltic

Peninsula Property has signed a contract with Doraco to build The Elements Resort, a condohotel in Dźwirzyno on the Baltic sea.

schedule 01 April 2025

Marriott plans to expand Four Points by Flex portfolio

Marriott International has announced plans to double its portfolio of Four Points Flex by Sheraton hotels across Europe by the end of 2026.

schedule 28 March 2025

Hotel brand makes further debuts

Handwritten Collection announces further expansion in Europe. The chain plans to open more than 10 new hotels in the coming months. The new Handwritten Collection hotels include the first hotel in Croatia in a historic building in Rijeka, a hotel in Debrecen, Hungary, and a hotel in Tirana, Albania.

schedule 05 March 2025

First Autograph in Croatia

Autograph Collection Hotels debuts in Croatia with The Isolano, Cres, Autograph Collection. Located in a pine grove overlooking the Adriatic Sea, the boutique hotel offers 49 guestrooms and suites.

schedule 31 January 2025

Alfa Group builds a hotel in redeveloped Bratislava Harbor

Hungarian Alfa Group is planning a EUR 36 mln investment project with a hotel function. The project will be located in the redeveloped port on the Danube in Bratislava.

Read flipbook version

Edition 2 (305) February 2026

Latest comments

Categories

Your order
Your data
Number of access accounts
Each account provides independent access on one device. You will be able to create additional access accounts in the account settings.
Invoicing data
Order summary
Net price
Access accounts #
Net order
VAT (%)
Gross order
Payment security is ensured

Don`t miss out the current edition