Hungary and Romania on the hotel radar

Hotels
CEE REGION Increasing volumes of capital are being invested in the rapidly growing CEE hotel market, according to research just published by Cushman & Wakefield.
The demand from investors and the size of the investment deals increased by 66 pct last year compared to 2015. [n1] The growth in the key performance indicators in 2016, including the occupancy index, price per room and revenue, along with rising revenue and the availability of capital, are all instilling optimism for the rest of the year, which will also see openings of many hotels. According to C&W, 46 investment deals worth nearly EUR 1.2 bln took place in 2016 on the most important hote
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Latest news

Events

Poland Race to the top

schedule 25 March 2025
Opr./edited by ANZ

On 12 April, the best stair runners will come to Warsaw to take part in the 13th Rondo 1 Run Up. The world's top ranked stair runners, including the current world champions, have announced their participation. Eurobuild is the media patron of the event.

Office & mixed-use development

Czech Republic Office fit-out costs in Prague remain competitive 

schedule 25 March 2025
Opr./edited by ANZ

Office fit-out costs in Prague remain competitive despite rising construction costs and higher demand for modern work environments. The latest report from Cushman & Wakefield EMEA Fit Out Cost Guide confirms that Prague offers companies high-quality office spaces at more favorable prices compared to other European cities.

Investment & finance

Poland Focus Estate Fund expands Polish portfolio

schedule 25 March 2025
Opr./edited by ANZ

Focus Estate Fund has acquired three shopping centres in Poland. The total area of the assets is approx. 46,000 sqm.

Investment & finance

Poland Martley Capital sales in Warsaw

schedule 25 March 2025
Opr./edited by ANZ

Martley Capital has finalized the sale of Mazovia Plaza, an office building located in the heart of Praga Północ - an increasingly attractive district for real estate investment in Warsaw.

Office & mixed-use development

Poland Tenant activity on the rise

schedule 25 March 2025
Opr./edited by ANZ

Kraków remains the leading regional office market, boasting the highest level of new supply under construction and record-breaking take-up, which rose by as much as 33 pct year-on-year in 2024, according to Axi Immo's report “Office market in Kraków 2024.”

Warehouse & industrial

Poland Panattoni once again for LPP

schedule 24 March 2025
Opr./edited by ANZ

Panattoni is expanding its cooperation with LPP Logistics. The logistics operator from the fashion company LPP Group has leased over 18,000 sqm at Panattoni Park Bydgoszcz II.

Warehouse & industrial

Poland A logistics hub with growth potential

schedule 20 March 2025
Opr./edited by ANZ

According to the latest report "Industrial & Logistics Market in the Szczecin region. Summary of 2024" by Axi Immo, the industrial market in the Zachodniopomorskie Voivodeship has played a strategic role in Poland's logistics landscape for years. 

Residential

Poland Polish luxury market is maturing    

schedule 20 March 2025
Opr./edited by ANZ

According to Walter Herz experts, the premium real estate market in Poland is steadily growing, though at a slower pace compared to previous years. The prices of luxury homes and apartments are also rising, influenced by a variety of factors. The perception of luxury is also changing.

Exclusive
Eurobuild FM

Europe A breath of fresh air from France, or comments from Cannes part 3

schedule 20 March 2025
Eurobuild CEE

Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.

Investment & finance

Poland Greenstone completes acquisition of Format

schedule 20 March 2025
Opr./edited by ANZ

Greenstone, a private equity fund, has finalized the acquisition of the remaining 20 pct stake in the Format office building from Torus, becoming the sole owner of the property. This follows Greenstone's initial purchase of an 80 pct stake of Format office in May 2024. 

Office & mixed-use development

Poland The Swobodna Spot office building in is now at full height

schedule 20 March 2025
Opr./edited by ANZ

Work on the construction of the 11-storey building at ul. Swobodna in Wrocław has been completed. The office building, which is being developed by Echo Investment, will provide 16,000 sqm of space and will be ready after the summer holidays.

Warehouse & industrial

Germany Garbe and Hagedorn revitalise brownfield site in Nuremberg

schedule 20 March 2025
Opr./edited by ANZ

Garbe Industrial Real Estate is launching a new project as part of a joint venture with the Hagedorn Group. The companies have jointly acquired a plot of land measuring approx. 17,300 sqm in Nuremberg, a few kilometres from the city centre.

Events

World Investors optimistic again

schedule 19 March 2025
Opr./edited by ANZ

Over 20,000 delegates representing 90 countries gathered in Cannes for the 35th edition of MIPIM, the global urban festival where investors evaluate opportunities, political leaders showcase sustainable urban projects, and industry leaders address market revival amid changing global demands.

Investment & finance

Poland Panattoni Tricity South II sold to Clarion

schedule 19 March 2025
Opr./edited by ANZ

Panattoni has sold Panattoni Park Tricity South II for EUR 59 mln to logistics and industrial investor and asset manager Clarion Partners Europe, which is part of the New York-headquartered Clarion Partners group.

Residential

Poland Polish PRS market overview

schedule 19 March 2025
Opr./edited by ANZ

A new report by Avison Young describes the current situation in the Private Rented Sector in Poland. The market has experienced a decade of growth, however, institutional rental sector is still in its early stages, with the first transaction completed in 2014.

Exclusive
Eurobuild FM

Europe A breath of fresh air from France, or comments from Cannes part 2

schedule 18 March 2025
Eurobuild CEE

Welcome to the latest instalment of EurobuildFM from this year's MIPIM fair. This time, three experts are sharing their insights: Dieter Knittel, the head of CEE at Pbb, Richard Wilkinson, the CFO of CTP, and Fabio Carrozza, the managing director of BF.real estate finance.

Warehouse & industrial

Poland Market continues to hold steady

schedule 18 March 2025
Opr./edited by ANZ

According to the latest report “Industrial and Warehouse Market in Poland”, released by Newmark Polska, in 2024, Poland’s warehouse and industrial market maintained steady growth despite the challenges of an economic slowdown across Europe, capital constraints and relatively high inflation rates.

Office & mixed-use development

Poland Assa Abloy stays at Eximius Park

schedule 18 March 2025
Opr./edited by ANZ

Assa Abloy Opening Solutions Poland has extended its lease agreement at the Eximius Park complex in Kraków. The company has also decided to increase its space to around 3,800 sqm. 

Investment & finance

Poland Capital inflow for CPK

schedule 18 March 2025
Opr./edited by ANZ

The share capital of CPK has been increased by PLN 1.9 bln. The recapitalisation of the company responsible for the construction of the CPK Airport and High-Speed Rail is a supplement to the tranche of December 2024, when funds amounting to PLN 3.5 bln were transferred.

Investment & finance

Slovakia SPP expands its retail portfolio in CEE

schedule 18 March 2025
Opr./edited by ANZ

Shopper Park Plus acquired a four asset, Tesco-anchored retail park portfolio in Slovakia. SPP bought the portfolio on behalf of its Slovakian affiliate, directly from Tesco in a sale and leaseback transaction. 

Latest in Hotels

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.

schedule 13 January 2025

Mövenpick opens in Poland and beyond

Mövenpick has made its debut in Poland with the opening of two hotels – Mövenpick Grand Hotel Wrocław and Mövenpick Resort & Spa Karpacz. The brand has plans for further expansion in Europe.

schedule 16 December 2024

Hotel in the clouds

The first The Cloud One Hotel in Warsaw is set to open in the Upper One complex, offering over 360 rooms.

schedule 11 December 2024

Spark by Hilton debuts in Poland

The Spark by Hilton brand is entering the Polish market with two new hotels. Spark by Hilton Pobierowo and Spark by Hilton Krynica Morska will open within the next six months.

schedule 06 December 2024

Handwritten Collection opens its first hotel in Germany

Boutique brand Accor is making its debut in Germany with the opening of a hotel in Düsseldorf. The company also announces plans to open its first property in Croatia in 2026.

schedule 06 December 2024

W debuts in Prague

The Art Nouveau hotel Grand Hotel Evropa in Prague has started operating under the W Hotels banner as W Prague. This is the first property of this Marriott Bonvoy-owned brand in the Czech capital.

schedule 03 December 2024

Grand transaction in Sopot

The Sofitel Grand Sopot has changed hands. The Polish company Sinfam Investments became the new owner of the hotel. The seller was AccorInvest, which includes the Orbis group. Sofitel will remain the managing operator of the hotel. 

schedule 20 November 2024

Luxury stay in Belgrade

The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade Tower (Kula Beograd), built at the meeting point of the Sava and Danube rivers.

schedule 15 November 2024

Puro has financing for an investment in Budapest

Bank Gospodarstwa Krajowego has granted a loan of up to EUR 40 mln to the Hungarian company from the Puro Group. The financing will be used for the construction of a four-star premium hotel in the centre of Budapest. 

schedule 13 November 2024

First Bulgarian Mercure opens

Mercure, a brand of the Accor Group, announces the opening of its first hotel in Bulgaria. The new property is located in one of Sofia's most prestigious districts, Manastirski Livadi, with easy access to the National History Museum and Vitosha National Park.

schedule 04 November 2024

Juliš changes hands

S Immo has successfully completed a sale of the Juliš Hotel in Prague, with a total leasable area of around 6,700 sqm.

schedule 26 September 2024

Moxy plans a ton

The Moxy Hotels brand has announced the expansion of its European portfolio to 100 hotels by the end of 2025. 17 more hotels are to open by the end of next year, including Moxy Warsaw City.

schedule 23 August 2024

Gradual increase in demand

According to data from Cushman & Wakefield, the Bucharest hotel market is experiencing the highest supply growth among the CEE capitals between 2024 and 2026. The demand in the first half of the year compared to the same period of 2023 experienced an increase of 3 pct, however, it remained below the 2019 level.

schedule 09 August 2024

B&B Hotel opens in Warsaw

B&B Hotels Polska has signed a 20-year lease for the facility at ul. Kosmatki in Warsaw. B&B Hotel Warsaw East will start receiving guests in September this year. The new four-star hotel will be the second facility of the B&B Hotels chain in Warsaw and the 15th in Poland. 

schedule 24 June 2024

Curio's Croatian debut

Hotel Opatija, Curio Collection by Hilton celebrates its opening. The 54-room facility debuts as the first in Croatia and the brand’s 40th trading country.

schedule 22 May 2024

Skybar opens in Budapest

Cloud IX, Budapest’s latest panoramic skybar, has been opened in the ibis & Tribe Budapest Stadium Hotel in the WING Liberty building. Opened last December in Budapest’s District IX, the hotel complex boasts a total of 332 rooms and a wide range of services.

schedule 17 April 2024

IHG doubles in Germany

IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almost 100 cities through Holiday Inn – the niu brand collaboration and European debuts for IHG’s Garner and Candlewood Suites.

schedule 03 April 2024

CPI sells stake in hotel portfolio

CPI Property Group has sold a 50 pct stake in a subsidiary that owns eight hotel properties in the Czech Republic to Bratislava-based Best Hotel Properties (BHP), with whom it has also signed a JV agreement for the continued management of the hotels.

schedule 08 March 2024

The first in Southeast Europe

Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the Radisson RED brand in Southeast Europe.

Read flipbook version

Edition 3 (296) March 2025

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