Three times three stars

Hotels
BELARUS Three new hotels will be opened in Minsk this year, all with three stars.
The first one to open its door will be a Mercure hotel with 126 rooms. The brand is owned by Accor with the new hotel being developed in the historic quarter of the city on Zybicka street. Finishing work is currently underway and the hotel will open its doors in April. Additionally a hotel is to be opened on Pobediteley avenue (164 rooms) and a Novotel hotel is to open in the in the Novotel Minsk Mayakovskaya mixed-use centre (50 rooms). According to the City Development Department, there are cu
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Latest news

Investment & finance

Poland Polish capital strengthens its presence

schedule 12 March 2025
Opr./edited by ANZ

According to data from Cushman & Wakefield, Poland’s commercial property investment volume hit approx. EUR 5 bln in 2024, marking a strong rebound of around 140 pct year-on-year.

Investment & finance

Hungary Erste Fund's landmark deal

schedule 12 March 2025
Opr./edited by JC

In a record-breaking deal for Hungary’s industrial real estate market, the Erste open-ended Real Estate Investment Fund has acquired two HelloParks warehouses. The facilities provide a combined 84,000 sqm of space.

Office & mixed-use development

Romania Costs rise in Bucharest, ESG gains focus

schedule 12 March 2025
Opr./edited by JC

The average office fit-out costs in Bucharest increased by 12 pct in 2024 compared with the previous year. This evolution aligns with regional trends, according to data from the Cushman & Wakefield Echinox, based on the Fit-Out Cost Guide 2025.

Investment & finance

Europe CPI Europe seals major sales

schedule 11 March 2025
Opr./edited by JC

CPI Europe successfully completed sales of properties in Austria and Czech Republic. Two office buildings were sold in Vienna, along with the Ramada hotel and the myhive Pankrac House office complex in Prague.

Warehouse & industrial

Poland MLP Poznań West packs up

schedule 11 March 2025
Opr./edited by JC

Preston Packaging is set to join the tenants at MLP Poznań West. The packaging manufacturer has secured approx. 7,500 sqm of space, which will be available in H2 of 2025.

Warehouse & industrial

Slovakia Biedronka enters Slovakian market

schedule 11 March 2025
Opr./edited by ANZ

Biedronka retailer, part of the Portuguese group Jerónimo Martins, has moved into a new 28,700 sqm logistics facility at CTPark Voderady in Western Slovakia, marking its entry into the Slovakian market.

Retail & leisure

Czech Republic Luxury goods retailers remain active

schedule 11 March 2025
Opr./edited by ANZ

In 2024, a total of 83 new luxury stores were opened on 20 key premium streets in Europe in 16 cities and 12 countries, according to European Luxury Retail 2025, a study by Cushman & Wakefield. Prague and its Pařížská Street welcomed five new luxury stores, and 2025 is expected to be a record year in this regard.

Warehouse & industrial

Poland & Czech Republic C&W to manage Accolade’s portfolio

schedule 10 March 2025
Opr./edited by JC

Cushman & Wakefield has been appointed as the property manager for part of Accolade’s warehouse and logistics portfolio. The advisory firm will oversee properties with a total area of over 440,000 sqm, located in Poland and the Czech Republic.

Warehouse & industrial

Poland Merity invests in Mazovia

schedule 10 March 2025
Opr./edited by JC

Panattoni announced a strategic partnership with Merity fund, an investment entity specializing in premium logistics properties. Together, they will extend Panattoni Park Warsaw North III by 53,000 sqm.

Eurobuild CEE

Poland March issue of "Eurobuild" out now!

schedule 06 March 2025
Opr./edited by JC

Our March issue is now available: this edition offers a wealth of interviews, in-depth analyses, and comprehensive articles. We're also thrilled to invite you to visit us at MIPIM!

Investment & finance

Poland Capital move for CA Immo

schedule 06 March 2025
Opr./edited by JC

CA Immo has successfully completed the sale of the Bitwy Warszawskiej office complex in Warsaw’s Ochota district., which comprises three seven-storey office buildings with app. 20,000 sqm.

Warehouse & industrial

Poland Sarantis stays with MLP

schedule 06 March 2025
Opr./edited by JC

Sarantis Polska expands warehouse and office space in MLP Pruszków II by 35 pct, reaching over 24,000 sqm. The cosmetics and household goods manufacturer and distributor will gain access to the new facility in November.

Office & mixed-use development

Poland WSiP stays in the Equator II

schedule 05 March 2025
Opr./edited by ANZ

WSPI, a pedagogical publisher, has decided to remain for another six years at its current headquarters, located in the Equator II building on Al. Jerozolimskie in Warsaw. The institution has extended its lease agreement for over 2,500 sqm of space. 

Office & mixed-use development

Poland New home for T-Mobile

schedule 05 March 2025
Opr./edited by JC

T-Mobile is moving part of its teams from Łódź to the Ogrodowa Office building. In the facility owned by Warimpex, the company has leased nearly 2,400 square meters.

Retail & leisure

Poland Green light for Projekt Góraszka

schedule 05 March 2025
Opr./edited by ANZ

Ceetrus, the investor behind the Projekt Góraszka shopping and entertainment complex in Wiązowna on Warsaw’s eastern outskirts, has obtained a building permit for a mixed-use development.

ESG

Poland Vibe leads the way

schedule 05 March 2025
Opr./edited by JC

The Ghelamco-owned Vibe has received DGNB New Buildings International 2020 Gold certificate. This is the first office building in Poland with such certification.

Hotels

Croatia First Autograph in Croatia

schedule 05 March 2025
Opr./edited by JC

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.

Exclusive
Eurobuild CEE

Poland Towards the Shire

schedule 05 March 2025
Opr./edited by ANZ

We talk to Jakub Gładysz from the Better Służewiec Association about the future of Warsaw's Służewiec, once a business district with the infamous name Mordor but now an increasingly popular residential area.

Warehouse & industrial

Poland No changes on the horizon

schedule 05 March 2025
Opr./edited by JC

According to Axi Immo, Poland’s industrial and logistics real estate sector remains stable, continuing to be one of the key segments of the commercial property market both nationally and across Europe.

Office & mixed-use development

Poland Tryton takes the stand

schedule 04 March 2025
Opr./edited by JC

The Regional Court and the Court of Appeal in Gdańsk are relocating selected departments to new premises in the Tryton Business House office building. The two institutions will occupy approximately 2,800 sqm of leasable space.

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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