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Bulgaria Ibis lands in Golden Sands

Hotels
An Ibis Styles hotel is to open in Golden Sands [Златни пясъци] in May. Accor has signed a franchise agreement with Valdemosa EOOD to rebrand the recently renovated Roomer Hotel Golden Sands.

South-Eastern Europe is one of the important markets for Accor with many hotels and brands to come in upcoming years. We are happy to partner with Valdemosa EOOD and excited to introduce ibis Styles to Bulgarian Black Sea Coast, in Golden Sands, a resort beloved by many Bulgarians and foreign travellers.
Catalina Rosu, the development director for Romania, Bulgaria, the Republic of Moldova and the Czech Republic

The hotel will include 90 rooms, a restaurant with an outdoor terrace and an outdoor swimming pool.

Latest news

Events

POLAND Complete the survey and win some fantastic prizes!

schedule 24 March 2021
Eurobuild Conferences

We invite all cyclists, both regular bikers and those who only cycle occasionally, to fill in our questionnaire and share their comments and opinions on cycling to work.

Investment & finance

ROMANIA One plans IPO

schedule 20 April 2021

Developer One United Properties is to sell its shares on the main market of the Bucharest Stock Exchange.

Warehouse & industrial

Schumacher drives into Panattoni park

schedule 20 April 2021

Schumacher Packaging has taken up 5,670 sqm in Panattoni Park Wrocław West Gate.

Public buildings

Skanska to build archive in Nowy Sącz

schedule 20 April 2021

Skanska has signed a deal with the National Archive in Kraków to build the country’s largest archive building in Nowy Sącz.

Office & mixed-use development

Hungary Trenkwalder finds its Balance

schedule 20 April 2021

International personnel services group Trenkwalder is to take up 1,000 sqm of offices in Balance Building, which forms part of Balance Office Park in Budapest.

Events

Polska Living on my own

schedule 20 April 2021
Eurobuild Conferences

The PRS market in Poland is still in its infancy, but a few pioneers have already laid solid foundations for its further development. In front of our very eyes, Poland is being turned into one of the PRS’s promised lands on the map of Europe.

Warehouse & industrial

POLAND Uniq lease for Hillwood Kutno

schedule 20 April 2021
Opr./edited by NN

Logistics company Uniq Logistic has leased almost 2,500 sqm of warehouse and office space in the Hillwood Kutno distribution centre in central Poland.

Land acquisitions

CZECH REPUBLIC HB Reavis sells Prague plot for “record” sum

schedule 20 April 2021
Nathan North
deputy editor

Slovakian real estate group HB Reavis has sold the site of the now demolished Transgas complex in central Prague to Czech developer PSN for CZK 870 mln (app. EUR 72 mln), which it claims is a record sum for such transactions.

Investment & finance

POLAND M7 buys Silesian Duo

schedule 20 April 2021
Nathan North
deputy editor

UK investment group M7 Real Estate has acquired two urban logistics parks for its M7 CEREF II Fund in Silesia from Polish industrial developer 7R.

Office & mixed-use development

ROMANIA 25-year lease signed for Iride Park building

schedule 20 April 2021
Nathan North
deputy editor

Provita Group has signed a 25-year lease to open an 11,000 sqm hospital in the Iride Park building in Bucharest, which is owned by Immofinanz.

Retail & leisure

Poland Retail soldiers on

schedule 19 April 2021

Despite Covid having had a major impact on the retail market, the first quarter of 2021, with a preliminary investment volume estimate of around EUR 190 mln, was the second strongest first quarter of a year since 2015, writes JLL in its latest retail report

Retail & leisure

Hungary Three stores for Spar

schedule 19 April 2021

Spar Hungary has opened a new store in Budapest and modernised two supermarkets: one in East-Budapest and one in Eger as part of its ongoing expansion programme.

Office & mixed-use development

POLAND Silesia’s tallest tower topped off

schedule 19 April 2021
Nathan North
deputy editor

The topping out ceremony has taken place for the .KTW II office building in Katowice, which at 133m in height is now the tallest building in the Silesian conurbation.

Warehouse & industrial

POLAND InPost to open 100,000 sqm of logistics hubs

schedule 19 April 2021
Nathan North
deputy editor

Polish courier service InPost is to open more than a dozen logistics hubs in Poland this year. This will add 100,000 sqm to its present floorspace in the country.

Office & mixed-use development

Romania Mendeleev Office 5 starts to fill

schedule 16 April 2021

Two new tenants have signed leases for space in the 4,500 sqm Mendeleev Office 5 office building in Bucharest.

Warehouse & industrial

Poland DSV Solutions expands in Panattoni Park Sosnowiec I

schedule 16 April 2021

Logistics operator DSV Solutions has renegotiated its lease in Panattoni Park Sosnowiec I and taken up an additional 2,750 sqm.

Office & mixed-use development

POLAND Maersk to enter 3T

schedule 16 April 2021

Transport and logistics firm Maersk Polska has leased 1,200 sqm in the 3T Office Park in Gdynia.

Warehouse & industrial

POLAND Vox in Segro Park Poznań, Gądki

schedule 16 April 2021

Interior design firm Vox has signed a lease for 7,700 sqm in Segro Logistics Park Poznań, Gądki.

Warehouse & industrial

CZECH REPUBLIC Sportisimo signs record mediated lease

schedule 16 April 2021
Nathan North
deputy editor

Contera has started work on the Contera Park Ostrava D1 with the construction of a 90,000 sqm logistics complex for Czech sporting goods retailer Sportisimo.

Property and Facility Management

POLAND Colliers to manage Spark B

schedule 16 April 2021
Opr./edited by NN

Colliers has been chosen to manage the Spark B office building in Warsaw’s Wola district by its Swedish owner Stena Fastigheter.

Latest in Hotels

schedule 08 April 2021

Covid hits Baltic hotels

Over 2020, RevPAR slid by 64 pct in Vilnius, 68 pct in Riga, and 72 pct in Tallinn according to figures from the Christie & Co consultancy.

schedule 06 April 2021

Ibis lands in Golden Sands

An Ibis Styles hotel is to open in Golden Sands [Златни пясъци] in May. Accor has signed a franchise agreement with Valdemosa EOOD to rebrand the recently renovated Roomer Hotel Golden Sands.

schedule 01 April 2021

B&B ready to splurge

B&B has raised EUR 180 mln for its worldwide development plans.

schedule 29 March 2021

Prague and Budapest sale-and-leaseback for B&B

B&B Hotels has sold two hotels – in Prague and Budapest – to Primonial REIM, an independent Paris-based real estate asset management group for an undisclosed sum.

schedule 26 March 2021

Zeus buys three Bucharest hotels from Ares

Greek hotel management company Zeus International has bought a portfolio of three hotels in Bucharest in a cross-border share deal from Cyprus-based Alpha Real Estate Services (ARES) for an undisclosed sum.

schedule 22 March 2021

Face-lift and more at the Hotel Thermal

Trigema has started reconstruction work on the Hotel Thermal Karlovy Vary - Areál bazén in West Bohemia.

schedule 18 March 2021

Underlying demand still strong in Bucharest

The Bucharest hotel market continues to receive attention from hotel operators looking to expand their chains.

schedule 18 March 2021

Poles want to go on vacation

Poles are returning to hotels in holiday resorts more willingly than in the spring of 2020 but business hotels are still waiting for guests.

schedule 12 March 2021

Ramada Bucharest Majestic in Swiss hands

Swiss company VisionApartments has bought the former Ramada Bucharest Majestic Hotel.

schedule 11 March 2021

Two Hampton by Hiltons to open in Poland

Two new Hampton by Hilton hotels are to open in Poland – in Bialystok and in Tarnowo Podgórne on Poznań’s north-western outskirts.

schedule 04 March 2021

Timișoara City Center now open

Optim Project Management has completed the construction of the 6,715 sqm ibis Timișoara City Center hotel on behalf of Hotel Development.

schedule 01 March 2021

W Budapest hotel starts to take shape

Hungarian building services provider DVM group has started the construction work on the neo-renaissance Drechsler Palace in Budapest in a project to prepare it to become the first W Hotel in Hungary.

schedule 08 February 2021

Warsaw Regent under new management

PHN Property Management and Polskiego Holdingu Hotelowego have signed an agreement to buy Cosmar Polska, the owner of the Regent Warsaw Hotelu for PLN 130.5 mln.

schedule 31 December 2020

Arena Hospitality poised to buy Belgrade hotel

Arena Hospitality Group has been loaned HRK 32 mln (EUR 4.2m) by Serbian bank AIK Banka for the Croatian hotel group to acquire the 88 Rooms hotel in Belgrade.

schedule 15 December 2020

Raffles comes to Moscow

Accor and Kievskaya Ploshchad Group have announced that they will be opening the Raffles Moscow hotel in H2 2022.

schedule 02 December 2020

Ott Ventures launches EUR 500 mln Central Europe hotel fund

Ott Ventures, the private equity and fund management platform run by Orco Property Group and MaMaison Hotels & Residences founder Ott Properties, has announced the launch of its first hotel fund – Velvet.

schedule 23 November 2020

Crowne Plaza comes to Budapest

InterContinental Hotels Group has signed a management agreement with Gránit Pólus Group for the Hilton Budapest City hotel in the city centre to be re-branded as the Crowne Plaza Budapest in 2021.

schedule 23 October 2020

Radisson debuts in Odessa

A Radisson hotel is to open for the first time in the Black Sea resort of Odessa.

schedule 30 September 2020

Radisson opens at Vilnius Airport

Radisson Hotel Group has announced the opening of Park Inn by Radisson hotel at Vilnius Airport.

schedule 29 September 2020

Mostly woe for Hungarian hotels

Horwath HTL Hungary, together with the Hungarian Hotel & Restaurant Association, has published the results of a survey conducted among its members to assess the results of the Covid-19 crisis.

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