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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 Kenya. The lodge will include 20 guest tents, including one presidential tent and two interconnecting family tents, all with private terraces overlooking the river. In addition, the lodge will have a restaurant, lounge bar, swimming pool, spa, and an outdoor terrace and fire pit area. Another hotel is to be opened in Seychelles.

Marriott Bonvoy will soon be announcing details on more 2023 openings including W Edinburgh, AC Malta, Renaissance Porto, W Milan, two luxury properties in the Red Sea development and a Luxury Collection Hotel in Tbilisi.

Latest news

Investment & finance

Poland Interpierre buys Bolero

schedule 08 February 2023
Opr./edited by ANZ

Real Management has closed the sale of the modern office and technology building Bolero Office Point 2, located at ul. Równoległa 4 in Warsaw. The building has been acquired by Interpierre Europe Centrale managed by PAREF Gestion.

Green projects

Poland .Ktw II is excellent

schedule 08 February 2023
Opr./edited by ANZ

.Ktw II office building, developed by TDJ Estate, has been certified BREEAM at the Excellent level. The document is the final assessment of the investment's environmental impact. The building achieved a score of 80.6 pct.

Investment & finance

Polska Livos debuts, Catella is moving out

schedule 08 February 2023
Opr./edited by JC

With the acquisition of 63 residential units in Warsaw's Zlota 44 residential tower, German corporate group Livos has made its debut on the Polish real estate market. The seller, Catella Residential Investment Management, has thus withdrawn from the Polish market.

Investment & finance

Poland Half a billion loan for Varso Place

schedule 07 February 2023
Opr./edited by ANZ

A consortium of four banks has granted HB Reavis a EUR 475 mln loan to refinance its Varso Place development in the centre of Warsaw – the largest transaction of its kind in the history of the Polish real estate market.

Sitting down

Poland Sitting down with… Arkadiusz Rudzki

schedule 07 February 2023
Eurobuild CEE

It is our pleasure to invite you to listen to the first episode of the fourth season of our ‘Sitting Down With…’ chats. This time, Arkadiusz Rudzki of Skanska Commercial Development Europe is the guest of our podcast.

Warehouse & industrial

Poland MLP increases occupancy rates

schedule 07 February 2023
Opr./edited by ANZ

Last year MLP Group recorded very good results as regards contracts signed with tenants. During the period, the developer of modern logistics facilities leased in approx. 240,000 sqm of space. The largest number of contracts were signed at the MLP Pruszków II park near Warsaw and MLP Poznań West. This year the level of commercialisation is planned to go up by about 20 pct.

Warehouse & industrial

CZECH REPUBLIC Emons chooses Sázava Logistics Park for 2nd hub

schedule 07 February 2023
Opr./edited by NN

German logistics company Emons has leased more than 6,000 sqm in Sázava Logistics Park, which is situated off the D1 motorway near Ostředek, about 45 km southeast of central Prague.

Warehouse & industrial

POLAND Kucera to open hub in Panattoni Pruszków V

schedule 07 February 2023
Opr./edited by NN

Kucera Logistics Group has leased almost 3,300 sqm of warehouse and office space at Panattoni Park Pruszków V near Warsaw for a new distribution centre.

Warehouse & industrial

Poland Green light for Gdynia City Logistics

schedule 06 February 2023
Opr./edited by ANZ

A new urban warehouse facility, Gdynia City Logistics, developed by Torus, under the banner of Torus Logistics, and in cooperation with BTV Real Estate, will be built in Gdynia. The investment has just received a decision on development conditions.

Warehouse & industrial

Poland Kajima Poland to redevelop City Point Targówek

schedule 06 February 2023
Opr./edited by ANZ

Peakside Capital Advisors has selected Kajima Poland as the general contractor for the phase I redevelopment of the City Point Targówek urban logistics park. Demolition work is currently underway. The handover of the first building to tenants will take place this year.

Investment & finance

Poland Patron Capital and 7R sell in Goleniów

schedule 06 February 2023
Opr./edited by ANZ

Patron Capital, the European investor focused on property-backed investments, in partnership with 7R, a developer specializing in the construction of warehouses, have announced the sale of an approximately 30,000 sqm logistics asset in Goleniów to an undisclosed institutional investor for EUR 22 mln.

Investment & finance

Europe Growth and investment in innovation

schedule 06 February 2023
Opr./edited by ANZ

Drooms has surveyed 229 real estate experts in Europe on their predictions for 2023. According to the research real estate professionals anticipate business growth despite high interest rates and growing inflation. Over 37 pct of real estate companies in Europe expect revenues to increase this year.

Warehouse & industrial

Poland Regesta expands in Tricity

schedule 06 February 2023
Opr./edited by JC

Regesta has signed a lease for 7,000 sqm of warehouse and office space in Panattoni Park Gdańsk West II for its first warehouse in northern Poland. The company provides road haulage and domestic and international forwarding services.

Property and Facility Management

Czech Republic Atrium Flora managed by Cushman & Wakefield 

schedule 03 February 2023
Opr./edited by ANZ

Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.

Eurobuild FM

Poland Piotr Trzciński on the Polish investment market (Eurobuild FM)

schedule 02 February 2023
Eurobuild CEE

We are delighted to inform you that we are starting the fifth series of the Eurobuild FM podcast channel! Our first guest, Piotr Trzciński of Savills Investment Management, comments on the current situation and gives us his forecasts for the Polish investment market. 

Warehouse & industrial

Poland Work begins on Panattoni Łódź South II

schedule 02 February 2023
Opr./edited by ANZ

Panattoni has started construction work on Panattoni Park Łódź South II, which is to comprise 57,300 sqm and will be built in a single stage. The complex is to be BREEAM 'Excellent' certified.

Warehouse & industrial

Poland 7R Bydgoszcz ready for the next stage

schedule 02 February 2023
Opr./edited by ANZ

Polish warehouse developed 7R has leased out the entire first stage of 7R Park Bydgoszcz, which is now being prepared for expansion. The main tenant of the first phase is now Polish logistics operator Rohlig Suus Logistics, which has decided to lease another 3,000 sqm, bringing its premises in the park up to almost 16,500 sqm.

Investment & finance

WORLD Savills IM transacted EUR 3.6 bln in 2022

schedule 02 February 2023
Opr./edited by ANZ

Savills Investment Management transacted more than EUR 3.6 bln globally in private real estate equity transactions in 2022, including EUR 3.1 bln in Europe and EUR 540 mln in Asia. The investment platform completed 112 transactions across 14 countries in 2022, including around EUR 2.1 bln of acquisitions and EUR 1.5 bln of disposals, resulting in a net investment of app. EUR 600 mln.

Office & mixed-use development

POLAND OmniOffice to open in Warsaw Unit

schedule 01 February 2023
Opr./edited by NN

Polish serviced office operator OmniOffice has leased 3,090 sqm in Warsaw Unit from Ghelamco.

Investment & finance

POLAND Trigea buys second Panattoni park

schedule 01 February 2023
Nathan North
deputy editor

Czech real estate investor Trigea nemovitostní fond has acquired City Logistics Wrocław II from Panattoni for an undisclosed sum.

Latest in Hotels

schedule 11 January 2023

Inspired by nature

JW Marriott, part of Marriott Bonvoy’s, has unveiled its new property in Germany with the opening of JW Marriott Hotel Berlin. It is the brand’s second hotel in Germany following Frankfurt in 2022.

schedule 05 January 2023

IHG signs deal for two Budapest hotels

IHG Hotels & Resorts has signed a contract with local company BDPST Group to operate two of the latter’s hotels in Budapest under IHG brands.

schedule 05 January 2023

New openings from Marriott Bonvoy

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.

schedule 22 December 2022

One United to develop 5-star hotel in Bucharest

One United Properties has acquired an abandoned development in central Bucharest, which it intends to into the 5-star One Plaza Athénée hotel.

schedule 13 December 2022

Poles are designing in Lviv

It would seem that the ongoing war in Ukraine will stop all important city-forming investments in this country. On the contrary. Polish architects from the Kuryłowicz & Associates studio have designed a hotel in the heart of Lviv, which is currently under construction.

schedule 08 December 2022

Warsaw Radisson now part of 5-star Collection

After extensive rebranding and refurbishment, the twenty-year-old Warsaw Radisson has re-opened as the first hotel in Poland to operate under the exclusive Radisson Collection brand.

schedule 24 November 2022

Lagoon life comes to CEE capitals

Forty Management has announced that it is soon to begin work on its Central District Lagoon City hotel and mixed-use complex in Bucharest, while the launches of similar projects are pending in Prague and Budapest and that it is seeking a site for one in Warsaw.

schedule 04 November 2022

Hyatt makes Polish return in Kraków

The Hyatt Place Kraków has been officially opened, marking the return of the brand to Poland and its first opening in the city.

schedule 28 September 2022

Tribe Warsaw Airport to open in Fort 7

Belgian developer Atenor has announced that the Tribe Warsaw Airport hotel, which will be operated Ennismore, is to be developed in the first phase of its Fort 7 mixed-use project in the area of Fort Zbarż near Warsaw Chopin Airport.

schedule 13 September 2022

Radisson plans new openings across Poland

Radisson Hotel Group is to further expand its network in Poland, beginning next year with openings in Ostróda and Kraków, followed by new hotels on the Baltic coast in 2024 and 2025.

schedule 24 August 2022

First Polish Radisson RED opens in Gdańsk

The first Radisson RED hotel in Poland has opened on Wyspa Spichrzów (Granary Island) in Gdańsk. This brings the hospitality group’s portfolio in Poland to 22 properties in operation and under development.

schedule 21 July 2022

InterContinental returns to Bucharest

IHG is to reintroduce its InterContinental Hotels & Resorts brand to Romania after a year’s break with the opening of the InterContinental Athénée Palace Bucharest in early 2023.

schedule 18 July 2022

Louvre Hotels enters Hungary

Louvre Hotels Group, part of Chinese conglomerate Jin Jiang International, is to enter the Hungarian midscale hospitality market with the opening of a hotel under its Campanile brand in Budapest

schedule 14 July 2022

First Radisson Blu opens in Transylvania

A Radisson Blu hotel has opened in Cluj-Napoca – the first of the brand to open in Transylvania.

schedule 01 March 2022

Meininger teams up with Fronton for Kraków hotel

Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in summer 2023.

schedule 03 February 2022

Hotels bounce back in Bucharest

The Bucharest hotel market has the highest growth among CEE capitals in terms of revenue per available room (RevPAR), according to the Hotel Operator Beat H2 2021 report by Cushman & Wakefield.

schedule 04 February 2022

Hospitality revives – in an inhospitable environment

Another difficult year for the hotel market has come to an end – hotels were back in operation for only the last six months of the year, but the summer and autumn seasons were much better than in 2020. But the hospitality sector is resilient and always has the potential to bounce back – according to the ‘Hotel market in the largest cities in Poland. Annual report 2021’ by Hotel Professionals, which ‘Eurobuild CEE’ has been granted the exclusive rights to publish.

schedule 06 January 2022

Sugar Palace turns into Andaz Prague–Hyatt

UBM Development Czechia is close to completing the refurbishment of the more than 100-year-old former Cukrovarnického paláce (Sugar Palace) on Senovážné náměstí in the centre of Prague, which is to re-open in the spring as the Andaz Prague Hotel.

schedule 22 December 2021

CPI checks into Mercure Bratislava Centrum

CPI Property Group has acquired the Mercure Bratislava Centrum Hotel from Invesco Real Estate for an undisclosed sum.

schedule 08 November 2021

Crowne Plaza opens in Budapest

Crowne Plaza Hotels & Resorts has opened its first hotel in Budapest.

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