World New openings from Marriott Bonvoy

Hotels
Marriott Bonvoy's Hot Hotel is planning more hotel openings in Europe and beyond. New facilities are going to appear in cities such as Budapest, Copenhagen and Munich.
The openings scheduled for the Q2 of 2023 are Moxy Tromsø in Norway and Munich Marriott Hotel City West, while in the next quarter new facilities are expected to be opened in Denmark (Fairfield Copenhagen), Hungary (Hotel Dorothea, Autograph Collection in Budapest; W Budapest) and Czech Republic (W Prague). Renovation work is to be carried out at Courtyard by Marriott Berlin City Center. Marriott is also opening the company's first luxury safari lodge - JW Marriott Masai Mara Lodge in Ke
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Latest news

Investment & finance

Poland Millions by the sea

schedule 19 February 2025
Opr./edited by JC

Panattoni has secured EUR 17.3 mln in financing from Santander for Panattoni Park Gdańsk City Airport. The project consists of two speculative distribution facilities.

Investment & finance

Poland IHG invests in urban micro-hotels

schedule 19 February 2025
Opr./edited by ANZ

IHG Hotels & Resorts acquires the Ruby hotel brand for an initial purchase price of EUR 110.5 mln, or approx. USD 115 mln. Ruby is the 20th brand in the IHG portfolio.

Office & mixed-use development

Poland Tenants expect sustainable solutions

schedule 19 February 2025
Opr./edited by JC

In the last quarter of 2024, Warsaw’s office market continued to experience stable occupier demand amid constrained new supply, reveals “At a Glance: Warsaw Office Market, Q4 2024”, a report from BNP Paribas Real Estate Poland.

Warehouse & industrial

Poland Volkswagen is loyal to Segro

schedule 19 February 2025
Opr./edited by JC

Segro has extended its lease agreement with Volkswagen Group Polska for over 32,000 sqm at Segro Logistics Park Poznań, Komorniki.

Investment & finance

Poland Office sale in Szczecin

schedule 18 February 2025
Opr./edited by JC

Blackstone has sold the Szczecin office building Piastów Office Center. The buyer is a joint venture of Bud Holdings and Investika Real Estate Fund.

Office & mixed-use development

Poland Cornerstone stays in High5ive

schedule 18 February 2025
Opr./edited by JC

Cornerstone OnDemand has decided to remain in Cracow’s High5ive complex. The company has extended the lease for over 1,500 sqm of space.

Office & mixed-use development

Poland Pegasystems stays at B4B for longer

schedule 18 February 2025
Opr./edited by ANZ

Pegasystems has extended its lease agreement at the Bonarka for Business office complex. The software development company leases a total of almost 4,000 sqm of office space in Building C and has been present in the complex since 2011.

Office & mixed-use development

Poland Developers exercise caution in new investments 

schedule 18 February 2025
Opr./edited by ANZ

According to the Axi Immo report ‘Office Market in Regional Cities’, which summarises the situation in the eight largest regional office markets in Poland, despite challenges in gross demand, stabilisation is still being observed. Decisions to start new investments are being made with great caution, and office building owners are focusing on improving the standard of the properties.

Office & mixed-use development

Poland Clyde & Co chooses The Form

schedule 18 February 2025
Opr./edited by ANZ

In May, the new headquarters of the global law firm Clyde & Co will open in The Form office building. The company's Warsaw office will occupy 1,100 sqm.

Investment & finance

Slovakia CPI Europe sells property portfolio in Bratislava

schedule 18 February 2025
Opr./edited by ANZ

CPI Europe Group has agreed to sell an office and retail complex in the Slovak capital to Wood & Company, thus taking another step in its strategic portfolio optimisation.

Warehouse & industrial

Poland Hillwood grows in Tri-City

schedule 17 February 2025
Opr./edited by JC

Hillwood has expanded its Polish portfolio with a logistics park spanning nearly 43,000 sqm in the eastern part of Gdańsk.

Warehouse & industrial

Czech Republic Low completions, rising vacancy

schedule 17 February 2025
Opr./edited by JC

According to the quarterly survey conducted by Colliers, the Q4 of 2024 did not bring any significant change to the Czech industrial and logistics real estate market.

Warehouse & industrial

Czech Republic CTP sparks development for Hitachi

schedule 17 February 2025
Opr./edited by JC

CTP has launched a development project for Hitachi Energy at CTPark Brno. Phase I of the high-voltage products factory will involve the construction of a 50,000 sqm facility.

Warehouse & industrial

Poland Delta expands in Silesia

schedule 14 February 2025
Opr./edited by JC

Delta Trans Group has decided to expand its leased space at the Hillwood Ruda Śląska complex by an approx. 9,300 sqm. The logistics operator will now use a total of 27,000 sqm.

Office & mixed-use development

Poland Coworking with a view

schedule 14 February 2025
Opr./edited by JC

AND2, the tallest building in Poznań, is gaining a new tenant. BeIN Offices will offer coworking space located on two storeys, with a view of the city skyline.

Retail & leisure

Poland At the height of luxury

schedule 13 February 2025
Opr./edited by JC

According to the latest report “At a Glance: Modern Retail Market in Poland, Q4 2024” from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015.

Office & mixed-use development

Hungary ARM chooses Millennium

schedule 13 February 2025
Opr./edited by JC

ARM Processors has chosen Millennium Gardens as its new office in Budapest. The company will occupy over 3,400 sqm of premium office space in the complex.

Office & mixed-use development

Romania Office market grows in Cluj-Napoca

schedule 13 February 2025
Opr./edited by JC

In 2024, nationwide, companies leased modern office space outside Bucharest with a total area of 63,024 sqm, including both new office space leases and contract renegotiations, according to an analysis conducted by Fortim Trusted Advisors.

Residential

Poland New PRS investment in Warsaw

schedule 12 February 2025
Opr./edited by JC

Matexi Polska has announced a new investment in Warsaw's PRS, aimed at meeting growing investor demand for bulk apartment purchases. The project will be located on Aleje Jerozolimskie.

Retail & leisure

Czech Republic Largest growth in the last 15 years 

schedule 12 February 2025
Opr./edited by ANZ

In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totaling 1.3 mln sqm of retail space – almost a third of the total retail space capacity on the market. 

Latest in Hotels

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.

schedule 27 February 2024

Bucharest hotel market rebounds

The hotel market in Bucharest has experienced a moderate annual average growth in new offerings, at 0.9 pct between 2019 and 2023. This modest trend was primarily influenced by the cancellation of Urban Zoning Plans. Between 2024 and 2025, an estimated average annual growth rate of 4.1 pct in the number of rooms is expected, according to data from the real estate consulting company Cushman & Wakefield.

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Edition 1 (295) January 2025

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