schedule 05 September 2017
Anna Pakulniewicz, ‘Eurobuild Central & Eastern Europe’: The JM Hotel in Warsaw has been acquired by Leonardo Hotels to become the first hotel of the chain in Poland. What is your development strategy for Poland and the region?
Paulina Kołodziejczyk, general director, Leonardo Royal Hotel Warsaw: The decision to enter the Polish market was really made at the last minute. Initial negotiations took place in November last year. That was when we decided to take over the JM hotel on ul. Grzybowska. The first quarter of operations was very fruitful. I expected this because I know the Polish market, so I was not afraid of taking up the challenge. However, the Leonardo group has been positively surprised. We have enjoyed much better results compared to other hotels in Central Europe – such as in Berlin, or Prague, where we have had the Nyx hotel for a year, and Budapest.
Warehouse developers now more cautious
Warehouse developers now more cautious
Avison Young
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
The rise of prefab concrete
The rise of prefab concrete
Spectis
According to the ‘Sector of heavy precast concrete products in Poland 2025-2030’ report, the combined revenues of the 50 largest precast manufacturers in 2023 came to P ...
Modern offices for modern officials
Modern offices for modern officials
Newmark Polska
Public sector relocates to modern offices The commercial office real estate sector is experiencing growing leasing demand from state institutions. Class A office buildings, featur ...