PL

B&B improves results

Hotels
EUROPE B&B hotel group has increased its turnover to EUR 320 mln in 2014, which signifies a 12 pct increase y-o-y.
The avarege price for a hotel room amounted to EUR 54, while the revenue per available room (RevPAR) reached EUR 34. Last year the company opened 30 new hotels including 10 in Germany and four in Italy. The chain currently operates 326 hotels (over 26,700 rooms) in Europe, including 230 in France, 71 in Germany, 19 in Italy, three in Poland, one in the Czech Republic and one in Morocco. Seven new openings are planned for 2015. The construction of new facilities in Łódź and Katowice is to start soon and they should be completed in 2016. By the end of 2020 the B&B group is planning to continue its ambitious development programme in order to increase the number of hotels in Europe to over 500.

Latest news

Warehouse & industrial

POLAND BCube leases 15,000 sqm in MLP Wrocław

schedule 06 July 2022
Opr./edited by NN

SPM Poland, a subsidiary of Italian logistics conglomerate BCube, has leased more than 15,000 sqm in MLP Wrocław.

Warehouse & industrial

POLAND Janmar packed into Segro Stryków

schedule 06 July 2022
Opr./edited by NN

Polish corrugated packaging manufacturer Janmar Centrum has leased 7,300 sqm in Segro Logistics Park Stryków in central Poland.

Office & mixed-use development

ROMANIA Skin hospital in Victoria Park for 25 years

schedule 06 July 2022
Opr./edited by NN

Leventer Medical Group has signed a 25-year lease agreement for 6,500 sqm in the Myhive Victoria Park office building in Bucharest.

Warehouse & industrial

POLAND DHL leases another 10,000 sqm from Logicor

schedule 06 July 2022
Opr./edited by NN

Logistics provider DHL Supply Chain has renewed its lease with Logicor in Racibórz in Upper Silesia, while leasing another 10,000 sqm in an extension to the facility. bringing the total area of the company’s distribution centre up to 32,000 sqm.

Office & mixed-use development

HUNGARY E.ON to move HQ to BakerStreet

schedule 06 July 2022
Nathan North
deputy editor

E.ON Hungária, the Hungarian unit of German energy network specialist E.ON Group, has leased 16,200 sqm in Atenor’s BakerStreet office complex in Budapest.

Warehouse & industrial

POLAND Panattoni sells five parks for EUR 160 mln

schedule 06 July 2022
Opr./edited by NN

Panattoni has finalised the sale of five fully-leased logistics parks in Poland to an undisclosed North American real estate investment manager for EUR 160 mln.

Human resources

SERBIA Colliers goes West in Serbia

schedule 05 July 2022
Opr./edited by NN

Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.

Green projects

CEE REGION EUR 85 mln green loan for Globalworth

schedule 05 July 2022
Opr./edited by NN

Romanian developer Globalworth has been granted an EUR 85 mln loan from the International Finance Corporation, which is a member of the World Bank Group.

Warehouse & industrial

POLAND UK e-commerce comes to BIK Park Wrocław

schedule 05 July 2022
Opr./edited by NN

UK-based e-commerce company JLI Trading has leased 6,050 sqm of logistics-related space in a hall that is under construction in BIK Park Wrocław.

Warehouse & industrial

CZECH REPUBLIC Shape Corp leases in Panattoni Pilsen West II

schedule 04 July 2022
Opr./edited by NN

Plzeň-based automotive body structure supplier Shape Corp has leased 36,400 sqm in Panattoni Park Pilsen West II, which is currently under construction.

Warehouse & industrial

POLAND Solaris shed sees the light of day

schedule 04 July 2022
Opr./edited by NN

Panattoni has completed a 10,100 sqm warehouse for Polish public transport vehicle manufacturer Solaris Bus & Coach for its existing factory in Bolechowo, north of Poznań.

Warehouse & industrial

CZECH REPUBLIC Accolade to double its Karlovy Vary portfolio

schedule 04 July 2022
Opr./edited by NN

Czech industrial fund Accolade, which has far invested CZK 5 bln (app. EUR 200 mln) in warehouse developments in the Karlovy Vary area of West Bohemia, is planning to invest a further CZK 6 bln in this part of the country.

Warehouse & industrial

SLOVAKIA Squarebizz opens in Bratislava

schedule 04 July 2022
Opr./edited by NN

Austrian developer Karimpol Group has opened the first phase of the Squarebizz Bory business and showroom centre in Bratislava.

Office & mixed-use development

POLAND Australian Embassy moves to Rondo 1

schedule 04 July 2022
Opr./edited by NN

The Australian Embassy in Poland has moved from its previous building on ul. Nowogrodzka in downtown Warsaw to the Rondo 1 skyscraper in the city’s CBD.

Events

Poland On the beach again

schedule 01 July 2022
Opr./edited by JC

After a two-year break, the JLL Charity Beach Volleyball Tournament of the Real Estate Industry returns. The 11th edition of the event will take place on August 4th, at the Monta Beach Volley Club in Warsaw. Eurobuild is the media patron of the event.

Property and Facility Management

POLAND C&W chosen for Astrum

schedule 30 June 2022
Opr./edited by NN

Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district, which the company has recently added to its portfolio.

Warehouse & industrial

POLAND Inter Cars drives into Panattoni Sosnowiec I

schedule 30 June 2022
Opr./edited by NN

Polish automotive parts supplier Inter Cars Group has leased more than 20,000 sqm in Panattoni Park Sosnowiec I in Upper Silesia.

Investment & finance

Poland Echo sells twice

schedule 30 June 2022

Echo Investment has today announced the closing of two disposals. MidPoint71 in Wrocław has been acquired by the Czech-based Trigea Real Estate Fund for over EUR 100 mln, while German fund manager KGAL Group has bought three buildings in the Fuzja office complex in Łódź for EUR 56 mln.

Office & mixed-use development

Hungary University buys from Warimpex

schedule 30 June 2022
Opr./edited by JC

Warimpex Finanz- und Beteiligungs AG has sold the B52 Office building in Budapest to Semmelweis University, which specialises in medical and health sciences, with the 5,200 sqm property changing hands for EUR 12.575 mln.

Office & mixed-use development

CZECH REPUBLIC CA Immo fills two in Prague

schedule 29 June 2022
Opr./edited by NN

Three new leases for a total of around 4,700 sqm of office space have been signed for two office buildings in the River City Prague complex, which was developed by CA Immo.

Latest in Hotels

schedule 01 March 2022

Meininger teams up with Fronton for Kraków hotel

Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in summer 2023.

schedule 03 February 2022

Hotels bounce back in Bucharest

The Bucharest hotel market has the highest growth among CEE capitals in terms of revenue per available room (RevPAR), according to the Hotel Operator Beat H2 2021 report by Cushman & Wakefield.

schedule 04 February 2022

Hospitality revives – in an inhospitable environment

Another difficult year for the hotel market has come to an end – hotels were back in operation for only the last six months of the year, but the summer and autumn seasons were much better than in 2020. But the hospitality sector is resilient and always has the potential to bounce back – according to the ‘Hotel market in the largest cities in Poland. Annual report 2021’ by Hotel Professionals, which ‘Eurobuild CEE’ has been granted the exclusive rights to publish.

schedule 06 January 2022

Sugar Palace turns into Andaz Prague–Hyatt

UBM Development Czechia is close to completing the refurbishment of the more than 100-year-old former Cukrovarnického paláce (Sugar Palace) on Senovážné náměstí in the centre of Prague, which is to re-open in the spring as the Andaz Prague Hotel.

schedule 22 December 2021

CPI checks into Mercure Bratislava Centrum

CPI Property Group has acquired the Mercure Bratislava Centrum Hotel from Invesco Real Estate for an undisclosed sum.

schedule 08 November 2021

Crowne Plaza opens in Budapest

Crowne Plaza Hotels & Resorts has opened its first hotel in Budapest.

schedule 13 September 2021

From Sofitel to Mogotel in Wrocław

The Sofitel Wrocław Old Town, which was closed down permanently due to the pandemic, is to reopen as a Wyndham hotel after a new operator – Latvian company Mogotel – was secured for the hotel.

schedule 05 August 2021

Radisson Resort Kolobrzeg now open

Radisson has opened its 15th hotel in Poland.

schedule 30 July 2021

IHG to open first Polish Holiday Inn Resort

IHG Hotels & Resorts is to open the the first Holiday Inn Resort in Poland – in the Szklarska Poręba mountain resort in southwestern Poland, in partnership with AKME Wiśniewski Szklarska Poręba.

schedule 14 July 2021

H2 Budapest now open

The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.

schedule 09 July 2021

Wing completes B&B Hotel Budapest City

Wing has completed the first Hungarian B&B Hotel on the banks of the Danube in Budapest, having converted the former Angyal office building on Boráros tér, near Petőfi Bridge.

schedule 08 July 2021

Art Hotel opens in Belgrade

Radisson Hotel Group has opened the Belgrade Art Hotel.

schedule 02 July 2021

Hotels count the pandemic cost

In 2020, EUR 370 mln was transacted in the hotel sector in Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia, according to the third CEE hotel investment report published by CMS and Cushman & Wakefield.

schedule 01 July 2021

Waltzing in Matild once again

The Matild Palace hotel has reopened in Budapest after five years of extensive renovations. The building, which is owned by Özyer Group, is to be run by Marriott International as a Luxury Collection Hotel.

schedule 25 June 2021

IGHP reports on hospitality losses

According to the Chamber of Commerce (Izba Gospodarcza Hotelarstwa) for the Polish Hotel Industry, Polish hotels face losses from May this year of up to PLN 750 mln.

schedule 09 June 2021

Radisson Blu Bucharest reopens

The Radisson Blu Hotel, Bucharest, has reopened following a major capital investment to elegantly transform the hotel’s lobby and garden area, as well as increase the number of guest rooms to over 600.

schedule 09 June 2021

Warsaw Hub hotels the first for Well Health-Safety

The International Well Building Institute (IWBI) has confirmed that the two hotels in The Warsaw Hub development have been awarded the Well Health-Safety Rating.

schedule 01 June 2021

Hotels prepare for recovery

Most owners and operators expect a rebound in the hotel sector in European capitals over 2023-2024, according to Cushman and Wakefield.

schedule 19 May 2021

Focus now in Elbląg

Focus Hotels has opened an 85-room hotel in Elbląg.

schedule 05 May 2021

IntercityHotel Budapest now open

The IntercityHotel Budapest has opened next to the Keleti railway station., in the eastern part of the city centre.

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