PL

Hungary Moxy is heading to Budapest

Hotels
Marriott International has signed an agreement with Forestay Group to debut the Moxy Hotels brand in Budapest, Hungary. Construction of Moxy Budapest Downtown is scheduled to begin this autumn, with the opening expected in 2025.

Situated in the heart of downtown Budapest, the new hotel will be located on Kazinczy street, at the centre of the bustling nightlife and entertainment district. Several cultural attractions are within a short walking distance, including the Opera House, St. Stephen’s Basilica and Gozsdu Passage.

We are excited to introduce our playful Moxy Hotels brand to the hospitality scene of Budapest. The introduction of Moxy continues to reinforce the demand we are seeing for lifestyle accommodation in Europe. We are confident that Moxy will be a great fit for a vibrant and dynamic destination like Budapest.
Silvija Lovreta, Senior Director South Eastern Europe International Hotel Development, Marriott International

Moxy Budapest Downtown is expected to offer 280 guestrooms. The design is set to include buzzing public social spaces. As in other Moxy’s, plans call for a stylish lobby with various hangout spaces, a bar that also acts as check in and great grab-and-go foods options.

From the very beginning when we purchased the site, we had the idea that a Moxy brand would be the ideal fit for this location because it perfectly matches the DNA of the 7th district neighborhood of Budapest. The area is globally known to be the centre of tourism, gastronomy, entertainment, and culture in the Hungarian capital.
Bálint Botos, Managing Partner of Forestay Group

Latest news

Events

Poland Save the date!

schedule 06 June 2023
Opr./edited by ANZ

It's that time of year when it is once again our great pleasure to invite you to the longest-running and most prestigious conference on the Polish office real estate market.

Warehouse & industrial

Poland Ekonip chooses a warehouse in Mszczonów

schedule 06 June 2023
Opr./edited by JC

Ekonip Logistics, a company specializing in logistics services for hazardous materials, has decided to lease 9,200 sqm of warehouse and office space at the Logicor logistics park in Mszczonów.

Warehouse & industrial

Romania MLP Bucharest West is growing

schedule 06 June 2023
Opr./edited by ANZ

MLP Group is expanding the MLP Bucharest West logistics park. A new facility of approx. 16,000 sqm is being built on a speculative basis. The investment will be put into operation by the end of this year.

Investment & finance

Serbia CA Immo sells Belgrade Office Park

schedule 05 June 2023
Opr./edited by ANZ

CA Immo has successfully signed and closed the sale of the Serbian office complex Belgrade Office Park to a domestic investor. With two buildings and an underground car park, the complex comprises approx. 27,200 sqm of total lettable space.

Office & mixed-use development

Poland Glovo takes an entire floor

schedule 05 June 2023
Opr./edited by ANZ

Delivery platform Glovo has leased more than 2,000 sqm in Warsaw's Q22 office building. The company will occupy an entire floor in the facility.

Warehouse & industrial

Poland Victaulic stays in Poznań

schedule 05 June 2023
Opr./edited by ANZ

GLP has signed a contract with Victaulic, which has leased 7,500 sqm of space in the newest building of GLP's warehouse park at Poznań's Ławica airport.

Warehouse & industrial

Poland For the sixth time with K-Flex

schedule 05 June 2023
Opr./edited by ANZ

Panattoni has opened the sixth BTS facility within the K-Flex manufacturing and warehouse campus in Uniejów. With the new 33,000 sqm warehouse, the Uniejów complex has now exceeded 100,000 sqm.

Eurobuild FM

Poland Samuel Vetrak on the PBSA market in Poland

schedule 05 June 2023
Anna Zamyłka

In the latest episode of Eurobuild FM, Samuel Vetrak of Bonard consultancy firm talks exclusively to Eurobuild about the rapidly growing PBSA market in Poland.

Office & mixed-use development

Poland Ingage reaches for Infinity

schedule 02 June 2023
Opr./edited by JC

Investor relations (IR) software specialist Ingage Poland has leased almost 700 sqm of office space in the Infinity building in Wrocław.

Residential

POLAND Develia to take over Nexity Polska

schedule 01 June 2023
Eurobuild CEE

Polish developer Develia has signed a preliminary agreement to acquire 100 pct stakes in the Polish subsidiaries of French developer Nexity for EUR 100 mln (app. PLN 453 mln).

Eurobuild FM

Poland Gianluca Romano on the European investment market

schedule 01 June 2023
Magda Rachwald

In the latest episode of Eurobuild FM, Gianluca Romano, the head of capital raising at Swedish real estate investor Catella, tells us about the current situation on the investment market in Poland, the CEE region and Europe as a whole, as well as his expectations and forecasts for 2023.

Investment & finance

Poland Neptune gets funding

schedule 01 June 2023
Opr./edited by ANZ

Neinver and Nuveen Real Estate have successfully raised around EUR 170 mln in debt financing for the Polish portfolio of Neptune, a joint venture between Neinver and TIAA.

Retail & leisure

Czech Republic CBRE on the state of Czech retail

schedule 01 June 2023
Opr./edited by ANZ

The rapid rise in prices (inflation increased by 15.1 pct y-o-y) and energy expenses have been met by a further decline in already weakened customer confidence. How did this affect shopping centres in the Czech Republic?

Warehouse & industrial

Poland Robod chooses 7R City Park Gdańsk South II

schedule 01 June 2023
Opr./edited by JC

7R has provided space at 7R City Park Gdańsk South II to Robod, a manufacturer and distributor of occupational health and safety products.

ESG

Czech Republic ESG is both a challenge and an opportunity

schedule 01 June 2023
Opr./edited by ANZ

The real estate market in the Czech Republic is not yet fully prepared for the new ESG-related requirements, according to Colliers. Even construction projects planned over the next few years will not resolve this issue, since meeting strict standards is both procedurally and financially demanding.

Warehouse & industrial

Poland PepsiCo opens its fifth plant

schedule 01 June 2023
Opr./edited by ANZ

PepsiCo has opened its fifth production plant in Poland in Święte, Lower Silesia. The investment, worth more than PLN 1 bln, will help expand the company's product range and increase the scale of production targeting 20 European markets.

Residential

Poland New huge housing estate on the Warta River

schedule 01 June 2023
Opr./edited by ANZ

Construction will soon start on the Portowo na Starołęce project, the largest residential development in right-bank Poznań in years. The estate will be built on a 19-ha plot by the Warta River. The investor is Vastint Poland.

Investment & finance

Czech Republic Rohan BC sold to Fio fund

schedule 31 May 2023
Opr./edited by ANZ

Reico Čs Nemovitostní (RČSN) has sold the Rohan Business Centre in Prague to the recently established Fio realitní fund for app. CZK 740 mln (EUR 31.3 mln).

Warehouse & industrial

Poland A breeze of cold in Panattoni

schedule 31 May 2023
Opr./edited by ANZ

Panattoni has begun construction of City Logistics Warsaw IX. The investment will be worth EUR 19 mln and the final area will be 13,000 sqm. Half of the facility is to be occupied by Inter-Mlecz, a distributor of grocery brands.

Warehouse & industrial

Poland Rohlig Suus has a place with MDC²

schedule 30 May 2023
Opr./edited by ANZ

Rohlig Suus Logistics will be the main tenant at MDC² Park Gliwice and will occupy an area of approx. 20,400 sqm. The facility, located at the junction of the A4 and A1 motorways, has been awarded a BREEAM New Construction certificate at the Outstanding level.

Latest in Hotels

schedule 05 May 2023

Moxy is heading to Budapest

Marriott International has signed an agreement with Forestay Group to debut the Moxy Hotels brand in Budapest, Hungary. Construction of Moxy Budapest Downtown is scheduled to begin this autumn, with the opening expected in 2025.

schedule 25 April 2023

Radisson RED to arrive in Belgrade

Radisson Hotel Group has announced the debut of its Radisson RED brand in Serbia with the signing of Radisson RED Belgrade, set to open later this year. Located just minutes from the capital’s historic centre, the hotel is the first Radisson RED branded facility to be operated by PPHE Hotel Group’s Croatian subsidiary Arena Hospitality Group.

schedule 18 April 2023

Five stars under the Wawel

The five-star 12-14 Stradom House hotel in Kraków is already welcoming its first guests. The property operates under the Autograph Collection brand, which is part of the Marriott International chain. Angel Poland Group is responsible for the development of the hotel. 

schedule 03 April 2023

JW Marriott on a volcanic island

JW Marriott is opening the JW Marriott Jeju Resort & Spa in Seogwipo, South Korea. The chain's new luxury hotel stands atop a cliff and offers views of the coastline of the volcanic island of Jeju, dubbed Korea's Hawaii.

schedule 27 March 2023

4,400 hotel rooms for the Holy City of Madinah

Marriott International, announced it has signed an agreement with Rua Al Madinah Holding Company to open eight hotels in the Holy City of Madinah in Saudi Arabia.

schedule 27 February 2023

Shed for students near the Wawel

Shed Living Kraków, a private student residence, is set to open in October this year in Kraków. The chain's first project in Poland has yet to be officially announced, but, as Eurobuild has learned, the dormitory will offer 566 fully equipped rooms for 722 students, as well as a range of amenities and services. The chain is planning further openings.

schedule 24 February 2023

Radisson opens 18th Polish hotel in Ostróda

A Radisson Blu Resort hotel has opened in Ostróda, in Poland’s Masurian lake district.

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

Categories