HUNGARY Hotel Gellért changes hands

Human resources
BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
The hundred-year-old Hotel Gellért Szálló, which is situated close to Liberty Bridge on the Buda side of the Danube, has been closed for renovations since the end of November 2021. Local group BDPST, which specialises in investing in the renovation of historic buildings, will now take over the hotel’s refurbishment through its subsidiary BDPST Real Estate Developer. The last major renovation of the property took place 50 years ago. According to the current plans, it will bec
Already have an account? Log in
71% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
  • Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
  • Access to EurobuildCEE magazine edition online & flipbook version
  • Exclusive news, comments, articles and interviews with the most important market representatives and experts
  • Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
  • Eurojobs
  • Eurobuild FM

Latest news

Human resources

Poland ULI announces new chairs

schedule 07 October 2025
Opr./edited by AH

ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shaping ULI Poland’s agenda is joined by Ilona Otoka (Savills Poland), Michał Witkowski (Colliers), Waldemar Grabka (EQT Exeter), Rafał Stoparczyk (Skanska Commercial Development Europe) and Justyna Glinka (Baker McKenzie Krzyżowski i Wspólnicy), who, as the newly appointed chair of young leaders, also becomes a member of the ULI Poland Executive Committee.

Material partner

Poland Peakside Capital is building the future of sustainable logistics

schedule 01 October 2025

With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players in the logistics real estate sector. The company combines an integrated one-stop-shop model with strong global partnerships, complementary logistics platforms and a deep commitment to sustainability.

Warehouse & industrial

Germany Three tenants signed up by Garbe in Duisburg

schedule 07 October 2025
Opr./edited by AH

Garbe has secured three new tenants for its Duisburg park. An undisclosed Chinese logistics operator will lease an entire logistics hall, while Annings Industrial Solutions and the Duisburg branch of Actemium will occupy space in two newly constructed industrial buildings.

Events

Eurobuild Awards 2025!

schedule 07 October 2025
Opr./edited by AH

For the 15th time, one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Europe is to take place. The Eurobuild Awards 2025 Gala will be held on December 4th at the DoubleTree by Hilton hotel in Warsaw.

Investment & finance

Czech Republic Bremer enters Czech Republic

schedule 07 October 2025
Opr./edited by AH

Family-owned German construction company Bremer is now entering the Czech Republic after having spent twelve years in Poland, growing to become one of the market leaders.

Warehouse & industrial

Poland DSV stays on with Segro

schedule 07 October 2025
Opr./edited by AH

DSV – Global Transport and Logistics has extended its lease with Segro for nearly 17,000 sqm in Segro Centre Wrocław, Małuszów, where the logistics operator provides food logistics services with contract logistics operations and a transhipment hub.

Residential

Poland Kraków PRS continues to grow

schedule 06 October 2025
Opr./edited by AH

Kraków is strengthening its position as the third-largest PRS market in the country. The city already has 25 professionally managed projects with over 3,800 units, according to CBRE's report 'Institutional PRS Market in Poland.'

Investment & finance

GetResponse buys into Arkońska

schedule 06 October 2025
Opr./edited by AH

GetResponse Properties has purchased two office buildings from the Arkońska Business Park complex in Gdańsk with a total leasable area of ​​11,200 sqm.

Investment & finance

Europe GTC issues bonds worth EUR 450 mln

schedule 06 October 2025
Opr./edited by AH

GTC has issued EUR 455 mln in senior secured bonds, which mature in 2030 with a coupon rate of 6.5 pct per annum. The bonds were issued to fund the repurchase announced on October 1st of EUR 500 mln of unsecured bonds due in 2026, of which EUR 494 mln remain outstanding. 

Investment & finance

Poland Newgate searches for a partner

schedule 03 October 2025
Opr./edited by AH

Newgate Investment has begun searching for a joint venture partner for its existing portfolio of 28 retail parks across the country, as well as for further acquisitions planned for 2026-2030.

Events

Germany We're heading to Expo!

schedule 03 October 2025
Eurobuild CEE

On October 7, during Expo Real 2025 in Munich, Eurobuild CEE will serve as the media partner for two discussion panels.

Warehouse & industrial

Poland Urban Box under construction near Gliwice

schedule 03 October 2025
Opr./edited by AH

European industrial and logistics developer ILD has begun construction of UrbanBox Park Gliwice, a SBU-style warehouse and business complex.

EurobuildCEE

Central & Eastern Europe The October issue is now out!

schedule 03 October 2025
Eurobuild CEE

In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, investors in Poland are once again ready to think big.

Retail & leisure

Poland M Park to open in Ciechanów

schedule 02 October 2025
Opr./edited by AH

LCP Poland, part of M Core, is to open its second retail park project this year with developer Refield. M Park Ciechanów, formerly known as Pasaż Ciechanowski, comprises over 10,700 sqm gla.

Investment & finance

Poland Cavatina receives EUR 270 mln in refinancing

schedule 02 October 2025
Opr./edited by AH

Cavatina Holding has signed a EUR 270 mln loan agreement with a consortium of banks, including Erste Group Bank, based in Vienna, Landesbank Baden-Württemberg, based in Stuttgart, and Raiffeisenlandesbank Niederösterreich-Wien, based in Vienna.

Warehouse & industrial

Germany Panattoni to start building in Nürnberg

schedule 02 October 2025
Opr./edited by AH

In Q3 2027, the construction of Panattoni Park Nürnberg will be completed on the former site of Thyssenkrupp Materials Services in Nürnberg.

Exclusive
Eurobuild FM

Poland The power of community

schedule 02 October 2025
Julia Cudowska

We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.

Investment & finance

Hungary Recorde Asset Management buys Science Park

schedule 01 October 2025
Opr./edited by AH

Recorde Asset Management, in partnership with Chapel Hill Capital, has acquired Science Park, a 30,700 sqm office complex situated in central Budapest. This marks one of the largest office transactions of the year in Hungary.

Investment & finance

Hungary DRFG comes to Budapest

schedule 01 October 2025
Opr./edited by AH

The DRFG Investment Group has completed its first commercial property acquisition in Hungary by purchasing the Bartók Ház office building from CA Immo.

Exclusive
Exclusive

Poland The cost of going green

schedule 01 October 2025
Opr./edited by AH

We took the opportunity to talk to Katarzyna Chwalbińska-Kusek, the head of ESG and sustainability at Baker Tilly TPA, about the costs of going green.

Latest in Human resources

schedule 07 October 2025

ULI announces new chairs

ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shaping ULI Poland’s agenda is joined by Ilona Otoka (Savills Poland), Michał Witkowski (Colliers), Waldemar Grabka (EQT Exeter), Rafał Stoparczyk (Skanska Commercial Development Europe) and Justyna Glinka (Baker McKenzie Krzyżowski i Wspólnicy), who, as the newly appointed chair of young leaders, also becomes a member of the ULI Poland Executive Committee.

schedule 10 July 2025

Panattoni bets big on data centres

Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists have been hired to implement the project.

schedule 27 June 2025

Five new board members at JLL

Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.

schedule 03 June 2025

A change of guard at Eurobuild

From the beginning of June this year, Anna Korólczyk-Lewandowska takes over the position of Editor in Chief of Eurobuild magazine.

schedule 29 August 2024

Changes at the helm of Dom Development

Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the supervisory board. From the beginning of 2025, Mikołaj Konopka, current member of the management board and co-founder and president of Euro Styl, will take over the reins of the company.

schedule 08 January 2024

Savills has new CEO

Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held the position of head of Corporate Finance and Valuation at Savills. 

schedule 17 October 2023

New head of retail at Cushman & Wakefield

Michał Masztakowski has taken up the position of the head of the retail agency in Poland at Cushman & Wakefield. He will be responsible for preparing and implementing the department's business strategy, expanding the firm's client portfolio and leading a team advising tenants and investors.

schedule 30 August 2023

Savills appoints CEE CEO

Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE region.

schedule 12 December 2022

Hotel Gellért changes hands

BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.

schedule 08 September 2022

Ettenauer steps down as S Immo CEO after CPI takeover

Austrian real estate investor S Immo, following the successful completion of the mandatory takeover offer by Prague-based CPI Property Group, has by mutual consent terminated the contract of S Immo’s CEO, Bruno Ettenauer.

schedule 18 July 2022

Changes at the top for 7R

Łukasz Jachna, the current member of the board and the chief capital markets officer of Polish warehouse developer 7R, has decided to leave the company. He will remain the head of the capital markets team until the end of September this year.

schedule 05 July 2022

Colliers goes West in Serbia

Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.

schedule 25 April 2022

Generation Park Y awarded gold

The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has received a Well Core & Shell ‘Gold’ certificate.

schedule 15 April 2022

Meet Klara the constructor of the future

Polish construction firm Erbud has published a book aimed at encouraging girls to think about a career in the building industry.

schedule 11 January 2022

New CDO at MDC2

Maciej Madejak has been appointed chief development officer, founder, and member of the management board of MDC2. Previously, he held management-level positions at Prologis, Goodman and Panattoni.

schedule 02 August 2021

Avison Young branches out with Valuation

Avison Young has broadened its range of services with valuation and advisory.

schedule 02 July 2021

Monika Rajska-Wolińska promoted to Colliers’ CEE head

Monika Rajska-Wolińska has been promoted from managing partner for Poland to the position of CEO of Colliers in Central and Eastern Europe, which now covers Poland, the Czech Republic, Hungary, Romania, Slovakia and Bulgaria, effective from August 1st, 2021.

schedule 01 July 2021

Silvia Schmitten-Walgenbach to lead CA Immo

Silvia Schmitten-Walgenbach has been chosen to be the next CEO of Austrian real estate investor and developer CA Immo.

schedule 07 May 2021

Colliers seeks new Serbian and Greek partners

Colliers has announced that it is ending its affiliation with its partner companies in Serbia and Greece.

schedule 15 April 2021

Cushman & Wakefield now all shook-up

Cushman & Wakefield has reorganised its CEE leadership by creating eight new senior positions.

Read flipbook version

Edition 10 (302) October 2025

Latest comments

Categories

Your order
Your data
Number of access accounts
Each account provides independent access on one device. You will be able to create additional access accounts in the account settings.
Invoicing data
Order summary
Net price
Access accounts #
Net order
VAT (%)
Gross order
Payment security is ensured

Don`t miss out the current edition