PL

Three stars in Stargard

Hotels
POLAND Polish chain Focus Hotels, part of the Immobile group, is to open a hotel in Stargard in Western Pomerania in about 18 month’s time.

The hotel, which is situated at ul. Spichrzowa 2, will be renovated and upgraded to a three-star standard. It will have 60 guest rooms and a conference room. It will also have a restaurant, a bar, a sauna, a gym, a games room and parking car park.

The completion of the project has been scheduled for H1 2021. Focus Hotel Stargard will be located next to Park Zamkowy in town centre. It will be the twelfth hotel opened by the chain and is the latest under construction in the province, following work starting on the four-star Focus Premium Szczecin. Three-star hotels of the chain already operate in Gdańsk, Sopot, Chorzów, Szczecin, Łódź and Poznań.

Latest news

Events

Polska Who came out on top in the doubles?

schedule 24 September 2020
Eurobuild Conferences

At the 15th Eurobuild CEE Annual Tennis Tournament, it was not only the men’s and ladies’ singles titles that were being fought out on the courts of the Warszawianka tennis club in Warsaw, but also the doubles.

Investment & finance

POLAND Echo enjoys 17 pct rise in portfolio value over H1

schedule 24 September 2020
Opr./edited by NN

Polish developer Echo Investment generated a net profit of PLN 10.4 mln in Q2 2020, mainly due to the appreciation in the value of its projects under construction and the handover of 222 apartments to buyers.

Warehouse & industrial

POLAND Uni-Logistics chooses MLP Pruszków I for expansion

schedule 24 September 2020
Opr./edited by NN

Uni-Logistics has leased 2,900 sqm in MLP Pruszków I on Warsaw’s western outskirts.

Warehouse & industrial

ROMANIA SLS Cargo heads for P3 Bucharest A1

schedule 24 September 2020
Opr./edited by NN

SLS Cargo has leased 15,500 sqm of warehouse space in P3 Bucharest A1.

Office & mixed-use development

POLAND Santander and DHL stay five years longer in Atrium 2

schedule 23 September 2020
Nathan North
deputy editor

Hansainvest Real Assets has prolonged for five years two lease agreements totalling over 10,000 sqm – more than half the total leasable space – in its Atrium 2 office building in Warsaw.

Warehouse & industrial

POLAND Sportvida opts for Panattoni Park Sosnowiec I

schedule 23 September 2020
Opr./edited by NN

Sports equipment and leisure accessories manufacturer and distributor Sportvida has leased 1,150 sqm of warehouse and office space in Panattoni Park Sosnowiec I in Silesia.

Warehouse & industrial

POLAND Alfa Bond Kohlhauer concentrating on Kajetany

schedule 23 September 2020
Opr./edited by NN

Alfa Bond Kohlhauer has leased warehouse and office space along with land in a privately owned industrial complex in Kajetany, 25 km south-west of Warsaw city centre.

Warehouse & industrial

POLAND AFG opens third European training centre in Warsaw

schedule 23 September 2020
Opr./edited by NN

Avenger Flight Group has opened Poland’s first commercial aviation training centre in the 7R City Flex complex near Chopin Airport in Warsaw.

Warehouse & industrial

POLAND School supplies from Panattoni Park Łódź West

schedule 23 September 2020
Opr./edited by NN

Panattoni has started the development of Panattoni Park Łódź West.

Retail & leisure

POLAND Lidl into Homepark Targówek

schedule 22 September 2020
Opr./edited by NN

Lidl is to open a 2,017 sqm store in the Homepark Targówek retail park in Warsaw's Targówek district.

Retail & leisure

POLAND Galeria Andrychów 85 pct leased

schedule 22 September 2020
Opr./edited by NN

Galeria Andrychów in southern Poland – the second joint ‘power centre’ project by Acteeum and Equilis – is already 85 pct leased prior to its scheduled opening in H2 2021.

E-commerce

UKRAINE Wildberries now growing in Ukraine

schedule 22 September 2020
Opr./edited by NN

Russia’s largest online retailer Wildberries has entered the Ukrainian market.

Hotels

EUROPE Convivio finalises five-star portfolio buy

schedule 21 September 2020
Nathan North
deputy editor

Convivio Hotels has completed the EUR 573 mln acquisition of eight of the five-star hotels in the pan-European Dedica Anthology portfolio from Värde Partners.

Property and Facility Management

POLAND CPI managing Concept by itself

schedule 21 September 2020
Opr./edited by NN

CPI Property Group has taken over the management of Concept Tower in central Warsaw, following its recent acquisition of the property.

Warehouse & industrial

POLAND More packed in at Hillwood Marki

schedule 21 September 2020
Opr./edited by NN

Hurtownia Opakowań has increased the warehouse space it leases in Hillwood Marki to 4,500 sqm.

Investment & finance

CZECH REPUBLIC Portivo picks up Brno Mall

schedule 21 September 2020
Nathan North
deputy editor

Czech investment group Portiva and Micronix have bought the Central Kladno shopping centre in Brno from Crestyl for CZK 2 bln (app. EUR 74.8 mln).

Investment & finance

CZECH/ SLOVAKIA/ UK Vesa starts buying at Sainsbury’s

schedule 21 September 2020
Nathan North
deputy editor

Prague-based Vesa Equity Investment has announced the acquisition of a 3.05 pct share in British supermarket chain Sainsbury’s, becoming its fourth largest shareholder.

Investment & finance

POLAND Madison buys Chmielna 89 stake

schedule 18 September 2020
Nathan North
deputy editor

A fund managed by US investor Madison International Realty has bought a 65 pct stake in the newly completed Chmielna 89 office project in central Warsaw from Cavatina Holding.

Office & mixed-use development

POLAND West 4 Business Hub up and running

schedule 18 September 2020
Nathan North
deputy editor

Echo Investment has put into use the first stage of the West 4 Business Hub office complex in Wrocław.

Warehouse & industrial

POLAND Panattoni launches work on third Bydgoszcz park

schedule 17 September 2020
Opr./edited by NN

Construction work has begun on Panattoni Park Bydgoszcz III, the first tenant of which is to be electronic equipment servicing company Reconext.

Latest in Hotels

schedule 21 September 2020

Convivio finalises five-star portfolio buy

Convivio Hotels has completed the EUR 573 mln acquisition of eight of the five-star hotels in the pan-European Dedica Anthology portfolio from Värde Partners.

schedule 07 September 2020

First Hyatt opens in Bulgaria

The first Hyatt-branded hotel has opened in Bulgaria – the Hyatt Regency Sofia.

schedule 07 September 2020

Hotels could boost revenue by 20 pct by embracing co-working – Colliers

Hotel operators could take advantage of the trend for remote working and adapt their space for a ‘hybrid hospitality’ concept to generate an additional revenue, according to Colliers International.

schedule 01 September 2020

Hotel investors holding out for H2 – C&W

In the first half of 2020 there was a marked increase in European hotel investors retreating to their home regions due to the uncertainty surrounding the pandemic, according to research by Cushman & Wakefield.

schedule 26 August 2020

Ibis Styles opens in Galați

Accor has opened its first hotel in Galați on Romania’s eastern border – the Ibis Styles Dunărea Galați.

schedule 04 August 2020

Sofitel Wrocław Old Town falls victim to the pandemic

Polish hotel operator Orbis has decided not to re-open the Sofitel Wrocław Old Town after its closure due to the pandemic.

schedule 04 August 2020

First Estonian Citybox opens its doors

The first Citybox hotel in Estonia and outside Norway was opened on August 1st in the Porto Franco quarter of Tallinn’s passenger port area.

schedule 31 July 2020

Globalworth pioneers hotel accommodation for office tenants

Globalworth has been preparing a hi-tech hotel complex for its office tenants in the Upground Tower residential building in Bucharest.

schedule 23 July 2020

Suntago holiday village opens its doors

The first guests have checked into Suntago Village, a complex of 92 holiday bungalows that forms part of the Park of Poland leisure complex near Mszczonów, about 50 km southwest of Warsaw.

schedule 22 July 2020

Holiday Inn Express to open in Budapest

InterContinental Hotels Group has signed a franchised agreement with Dutch company Borealis Hotel Group to open the Holiday Inn Express Budapest City Centre.

schedule 16 July 2020

Danubius ready to open more Budapest hotels

The Danubius Hotel Erzsébet in Budapest city centre is to re-open after the pandemic lockdown on July 17th, followed by the Danubius Hotel Gellért on August 7th.

schedule 03 July 2020

Ibis to open at Bucharest airport

Accor has signed a management agreement with Alexandra Residence Design to open a 144-room Ibis hotel near the future Terminal 2 of Bucharest’s main Henri Coandă Airport by the end of 2022.

schedule 24 June 2020

Two Radissons open

Radisson Hotel Group has announced the opening of the Radisson Blu Hotel, Sopot and the Radisson Hotel Szklarska Poręba

schedule 22 June 2020

Romanian hotels could return to 50-60 pct occupancy

The Romanian hospitality market could return to an occupancy rate of 50–60 pct for recognised brands towards the end of the year, as long as the epidemic remains stabilised or improves, according to Colliers International.

schedule 17 June 2020

Ibis Styles Bucharest City Center ready to open

ROMANIA Ibis Styles Bucharest City Center in the centre of Bucharest is to open on June 22nd.

schedule 16 June 2020

AAU signs up Zeitraum for the new school year

Student housing operator Zeitraum has entered into a new partnership with the Anglo-American University in Prague (AAU) to provide accommodation with 120 beds for its students in the new academic year 2020/2021.

schedule 03 June 2020

Hilton Tallinn Park Hotel now 'Very Good'

ESTONIA East Capital Real Estate has announced that the Hilton Tallinn Park Hotel is the first hotel in the country to have been awarded BREEAM-In-Use with a rating of ‘Very Good’.

schedule 19 May 2020

Accor teams up with Axa for guest medical support

WORLD Hotel group Accor is partnering with Axa to provide medical support for guests of the hotel chain.

schedule 09 May 2020

Hungarian hospitality hit badly by pandemic

HUNGARY The number of nights spent by foreign guests in Hungarian hotels and other commercial board slumped by 68 pct y-o-y in March, chiefly due to the pandemic, according to the latest figures from the Hungarian Central Statistical Office (KSH).

schedule 26 March 2020

Orbis brings Tribe to Kraków

POLAND Polish hotel operator and developer Orbis is to buy a 595 sqm plot of land at ul. Worcella 6 in Kraków's old t willown for PLN 9.2 mln net.

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