Five stars to shine even brighter

Hotels
SLOVENIA A five-star hotel located in the suburbs of Maribor will be renovated and refurbished, ‘Eurobuild CEE’ has found.
The Habakuk hotel belongs to Terme Maribor hotel group. “We are planning to renovate hotel Habakuk in 2017,” said Mojca Juhart, a representative of Terme Maribor. More information and renderings are to come soon. Habakuk is situated in a beautiful setting of the wooded Pohorje plateau in Slovenia. It has 58 five-star rooms and 79 four-star rooms in a part of the hotel called Dependance. Apart from the accommodation, it offers a wellness and spa centre, a congress centre, restaurants for up
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Latest news

Investment & finance

Poland Polish office investment market sees strong first-half recovery

schedule 17 August 2026
Opr./edited by AH

The first half of 2026 saw a clear recovery in investment activity on Poland’s office market. Total transaction volume reached around EUR 594 mln, up 38 pct year-on-year.

Investment & finance

Poland City centre site up for sale in Reda

schedule 17 August 2026
Opr./edited by AH

Nine plots totalling 4.4 ha are being put up for auction, with the site offering an opportunity to create Reda’s first city centre.

Retail & leisure

Poland Nomad opens in Port Praski

schedule 17 August 2026
Opr./edited by AH

Nomad has opened a new 290-sqm restaurant that overlooks the marina in Warsaw's Park Praski development.

Retail & leisure

Poland Castorama opens Design Studio in Gemini Park

schedule 17 August 2026
Opr./edited by AH

Castorama has opened a new Design Studio in Gemini Park Bielsko-Biała. Launched on 13 August, the new space adds to the shopping centre’s growing range of services, offering customers professional support with interior design projects, from the initial concept through to installation.

Hotels

Polska Green Development launches Wave Ustka Thermal & Spa

schedule 17 August 2026
Opr./edited by AH

Green House Development is launching pre-sales of suites at Wave Ustka Thermal & Spa, the third development under the Wave brand on the Polish coast, located around a ten-minute walk from the centre of Ustka and around 120 km from the Tricity area.

Investment & finance

Czech Republic PSN buys Botanická office building

schedule 17 August 2026
Opr./edited by AH

PSN has completed the acquisition of an office building at Botanická 56 in the Brno-Veveří district.  Existing tenancy agreements will remain unchanged, with Aquatis, part of the industrial group Safichem Group, continuing as a key tenant.

Office & mixed-use development

Poland Basler moves to Lubicz Park

schedule 17 August 2026
Opr./edited by AH

Machine vision technology company Basler has leased 330 sqm of office space at Lubicz Park in Kraków, from Globalworth. The tenant was represented by Knight Frank.

Warehouse & industrial

Poland 7R builds for Procent

schedule 17 August 2026
Opr./edited by AH

7R has launched construction on 7R Park Szczecin South, a two-building centre that will eventually comprise around 29,000 sqm. The sole tenant of the first building will be e-commerce logistics operator Procent Poland, with a lease of 23,000 sqm. The second smaller building of the complex will have an area of around 5,000 sqm.

Warehouse & industrial

SLOVAKIA Squarebizz Bory hits top 5 for excellence

schedule 14 August 2026
Opr./edited by NN

Squarebizz Business Center Bory has achieved BREEAM In-Use ‘Excellent’ rating for asset performance with an overall score of 75.1 pct, putting it in the top five facilities in Slovakia. The owner and developer of the industrial and business park is Karimpol.

Public buildings

Central Europe Porr focusing on healthcare

schedule 14 August 2026
Opr./edited by NN

Austrian construction group Porr has been rolling out its Porr Healthcare division across the markets it is active in, including Poland. The division specialises in the construction of healthcare facilities.

Warehouse & industrial

CZECH REPUBLIC GN Group moves to Panattoni Business Park Kladno

schedule 14 August 2026
Opr./edited by NN

GN, a Danish manufacturer of audio and communications technology, has leased more than 30,000 sqm at Panattoni Business Park Kladno.

Warehouse & industrial

POLAND Antczak completes Maspex plant

schedule 14 August 2026
Opr./edited by NN

Antczak Group has completed the construction of a 13,500 sqm logistics and warehouse complex for food producer Maspex in Tychy in Silesia.

Investment & finance

Van der Vorm launches real estate bridge financing business

schedule 14 August 2026
Opr./edited by AH

Dutch real estate group Van der Vorm is expanding into a new business line in Poland focused on asset-backed real estate financing. The group's first transaction of this kind on the Polish market was a bridge loan of approximately PLN 13 mln granted to a real estate developer. KWKR advised Van der Vorm on the structuring and closing of the transaction.

Infrastructure

Poland New railway station planned for Łapy

schedule 14 August 2026
Opr./edited by AH

Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construction is scheduled to get underway in the fourth quarter of this year, with the station expected to open by the end of 2027.

Office & mixed-use development

Poland Spot rises above the ground

schedule 14 August 2026
Opr./edited by AH

Construction work om Moderna Holding’s Spot development in Sopot has now reached ground level, marking the completion of the main underground works. The project is also bringing changes to the surrounding area, with the road layout on Aleja Niepodległości already having been altered and further improvements planned around the site.

Construction

Poland Tunnel boring soon to begin

schedule 14 August 2026
Opr./edited by AH

Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete support for the Tunnel Boring Machine (TBM) shield has been completed, while the first components of the machine are being assembled on site. Tunnelling on one of Poland’s most important underground railway projects is due to begin in 2027.

Office & mixed-use development

Czech Republic Penta to lead redevelopment of Bubny

schedule 14 August 2026
Opr./edited by AH

Penta Real Estate has acquired a 50 pct stake in HoldCo Bubny, a company with land holdings int the Bubny–Zátory development area in Prague, which is to be redeveloped into a vibrant new mixed-use district in Prague. A total of 27 residential blocks with 10,000 new homes are planned in a projected investment of around EUR 3.7 bln.

ESG

Czech Republic The Grand Pardubice now Excellent

schedule 13 August 2026
Opr./edited by AH

The Grand department store in Pardubice has achieved an Excellent rating under the internationally recognised BREEAM In-Use sustainability certification.

Retail & leisure

Poland Work begins on Park Kaszuby

schedule 13 August 2026
Opr./edited by AH

Finarto Investments has appointed Allcon as the general contractor for Park Kaszuby, a new retail park in Wejherowo. The construction site is due to be handed over and work is scheduled to begin in August 2026. The project will offer 13,000 sqm of leasable space, 17 retail units and 324 parking spaces. The park is scheduled to open in November 2027.

Retail & leisure

Poland Retail stock breaches 14 mln sqm

schedule 13 August 2026
Opr./edited by AH

In the first half of 2026, Poland’s modern retail stock grew by more than 200,000 sqm, bringing the total to over 14 million sqm at the end of June. According to real estate advisory firm Colliers, the number of operating retail schemes rose to 738, while retail density reached 374 sqm per 1,000 residents.

Latest in Hotels

schedule 17 August 2026

Green Development launches Wave Ustka Thermal & Spa

Green House Development is launching pre-sales of suites at Wave Ustka Thermal & Spa, the third development under the Wave brand on the Polish coast, located around a ten-minute walk from the centre of Ustka and around 120 km from the Tricity area.

schedule 05 August 2026

Mercure opens in Oradea

Accor has announced the opening of the Mercure Oradea. The new 90-room hotel is the hospitality group’s 26th location in the country. It is managed by local company Grand Hotel West under a franchise agreement, with Spark Hospitality as its operator.

schedule 27 July 2026

Saltic Zieleniec hotel under construction by Mirbud

Saltic, a Polish hotel developer and operator, has appointed Mirbud to construct its Saltic Zieleniec development in Duszniki-Zdrój with work to begin in early August 2026 and completion scheduled for July 2028.

schedule 20 July 2026

Marvipol launches Unique Hotel Kołobrzeg

Marvipol has launched sales for suites in its latest hospitality project, Unique Hotel Kołobrzeg. The five-star complex, comprising 227 suites, ranging in size from 25 to 104 sqm.will be built at ul. Sułkowskiego 7 in Kołobrzeg.

schedule 01 July 2026

Pbb refinances Radisson Blu Bucharest

Deutsche Pfandbriefbank (Pbb) has provided EUR 123 mln in investment financing to funds managed by Cerberus Capital Management and Revetas Capital for the refinancing of the Radisson Blu hotel complex in central Bucharest. The bank acted as the financing arranger and sole lender.

schedule 23 June 2026

Griffin and Primestar join forces

Warsaw-based private equity investment manager Griffin Capital Partners and Berlin-based hospitality operator Primestar Group have launched Prime Griffin Hotels, a 50/50 JV to build a Polish hotel platform.

schedule 07 May 2026

aHouse to build hotel in Grodzisk Mazowiecki

 aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real estate segment. 

schedule 04 May 2026

Swissôtel comes to Gdynia

In 2027, the first Swissôtel hotel in Poland will open in Gdynia. The project, being developed in partnership with Allenort Group, will be part of the Waterhall complex.

schedule 04 May 2026

Strong Warsaw hotel growth

According to the latest study by Cushman & Wakefield, Warsaw remains one of the strongest hotel markets in the CEE region. In 2025, the city recorded one of the highest RevPAR increases among CEE-6 cities, while also leading the growth in hotel room supply.

schedule 30 April 2026

RevPAR up by 12 pct

Bucharest’s hotel market recorded the strongest performances in Central and Eastern Europe (CEE) in 2025, with revenue per available room (RevPAR) increasing by 12 pct year-on-year, outperforming the CEE-6 average, according to a market analysis conducted by Cushman & Wakefield.

schedule 09 April 2026

Kempinski buys Augustine Hotel, Prague

Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought the Hotel Vier Jahreszeiten Kempinski Munich in 1970.

schedule 17 March 2026

Hotel transactions boom

The Czech hotel market is building on an exceptionally strong year in 2025, marked by a significant increase in transaction volumes and investor interest. According to Cushman & Wakefield, a total of 16 hotels were sold in the Czech Republic, representing 2,989 rooms and a total transaction volume of EUR 764 mln. Based on available data, this represents the highest annual transaction volume ever recorded on the Czech hotel market.

schedule 12 March 2026

Mercure expands in Romania

Mercure has signed a contract to develop a hotel in Craiova and has also announced it is to open the Mercure Oradea hotel.

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.

Read flipbook version

Edition 6 (308) June 2026

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