PL

Serbia Luxury stay in Belgrade

Hotels
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.
The tower was designed by studio Skidmore, Owings & Merrill Global and its developer is Eagle Hills, a private investment and development company based in Abu Dhabi. Belgrade Tower is part of a larger complex, Belgrade Waterfront, which consists - in addition to the hotel tower - of office and residential buildings, as well as the BW Galerija shopping centre. Located at the crossroads of Western and Eastern Europe, Belgrade has been shaped by centuries of history and features a diverse ra
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Latest news

Hotels

Germany Handwritten Collection opens its first hotel in Germany

schedule 06 December 2024
Opr./edited by ANZ

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.

Material partner

Poland Galant Ząbkowska Apartments with FusionLive

schedule 02 December 2024
Eurobuild CEE

Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and hotels to ensure the best possible experience for future residents and tenants. It stands out for its innovative designs and concepts in the Polish market.

Hotels

Czech Republic W debutes in Prague

schedule 06 December 2024
Opr./edited by ANZ

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.

Investment & finance

Poland LCP buys retail park under construction in Trzebiatów

schedule 05 December 2024
Opr./edited by ANZ

LCP Properties, part of the international M Core group, has finalised the purchase of a project in Trzebiatów, located in West Pomerania. The seller is from Green Hills Investment. The property, which will open as M Park Trzebiatów, will offer more than 6,250 sqm. GLA with 12 tenants. The opening of the facility is planned for Q3 2025.

Office & mixed-use development

Romania One of the youngest office stocks in Europe

schedule 05 December 2024
Opr./edited by ANZ

According to data from the Cushman & Wakefield Echinox, the Bucharest office stock ranks among the youngest across Europe and the CEE region. This provides a significant advantage for landlords in attracting and retaining tenants, as the city’s office spaces are less likely to face obsolescence over the next 5-6 years. 

Warehouse & industrial

Romania LPP is expanding in Romania

schedule 05 December 2024
Opr./edited by JC

CTP has leased an additional 42,000 sqm to Polish fashion producer LPP at CTPark Bucharest West. LPP’s latest lease takes its total footprint at CTPark Bucharest West to 131,000 sqm.

Warehouse & industrial

Germany MLP launches construction in Spreenhagen

schedule 05 December 2024
Opr./edited by ANZ

MLP Group is starting the development of its second warehouse park in close proximity to Berlin. The MLP Spreenhagen park will eventually offer 39,000 sqm of modern space. The project is scheduled for completion and occupancy in Q3 2025.  

Investment & finance

Poland Panattoni gets 20 mln for robotic warehouse

schedule 05 December 2024
Opr./edited by JC

Panattoni has secured EUR 20.7 mln in financing from Bank Milennium to develop a logistics hub for Auchan Polska. A fully robotic built-to-suit warehouse is to be constructed in Wilcza Góra near Warsaw.

Investment & finance

Poland Galeria Wisła in Płock changes hands

schedule 05 December 2024
Opr./edited by ANZ

The property had belonged to the Invel Real Estate/Castlelake portfolio since 2016. The sole advisor for the sale of Galeria Wisła was Avison Young.  The seller was advised by Dentons on legal matters.

ESG

Poland Excellent Brain Park 

schedule 04 December 2024
Opr./edited by ANZ

All buildings completed by Echo Investment in Kraków's Brain Park complex have obtained BREEAM New Construction certification at the Excellent level. The latest stage of the project has just achieved a very high score of 78.9 pct.

Residential

Poland Resi Capital is developing its first project in Bielsko-Biała

schedule 04 December 2024
Opr./edited by ANZ

Resi Capital, a company belonging to the Cavatina Group, is preparing its first residential project in Bielsko-Biała. The Reytan Apartments will be built on the site of the former Befama industrial plant.

Warehouse & industrial

Germany Ground-breaking ceremony on the outskirts of Hamburg

schedule 04 December 2024
Opr./edited by ANZ

Construction work on a modern logistics property in Norderstedt has officially begun with a symbolic ground-breaking ceremony. Just a few kilometres north of Hamburg’s city limits, Garbe is developing a new building with a total area of 12,700 sqm. Completion is planned for the middle of next year.

Investment & finance

Poland mBank boosts Real Management

schedule 04 December 2024
Opr./edited by ANZ

Real Management has secured loan financing of PLN 120 mln, which will be used for growth in the development business. The financing was again provided by mBank.

Investment & finance

Poland Galeria Szperk has new owner

schedule 03 December 2024
Opr./edited by ANZ

UBM Development has sold Galeria Szperk in Kosakowo near Gdynia to the Polish company Rewa, based in Krakow, for almost EUR 18 mln.

Hotels

Poland Grand transaction in Sopot

schedule 03 December 2024
Opr./edited by ANZ

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. 

Office & mixed-use development

Poland Nivea opens first office in Warsaw

schedule 03 December 2024
Opr./edited by ANZ

Nivea Polska/Beiersdorf will open its first office in Warsaw, leasing nearly 400 sqm on the 37th floor of the HB Reavis-owned Varso Tower. The contract has been signed for five years and the office will begin operations in May 2025. The new headquarters will act as a satellite office and will also be a representative meeting space for the entire Eastern European region.

Warehouse & industrial

Poland Langowski Logistics takes 5,600 sqm in the MLP Pruszków II complex

schedule 03 December 2024
Opr./edited by ANZ

MLP Group has signed a lease agreement with Langowski Logistics, a Polish logistics operator specialising in international container transport. The company will occupy a total of more than 5,600 sqm of space in the MLP Pruszków II complex. The new tenant can already use a 5,400 sqm warehouse hall. Approx. 250 sqm of social and office space is still in the pipeline, to be moved into in August 2025.

Retail & leisure

POLAND Biedronka comes to Moje Bielany

schedule 02 December 2024
Opr./edited by NN

An 800 sqm Biedronka grocery store is to open on the ground floor of the Moje Bielany residential complex, which is being developed by CeMat A/S at ul. Wólczyńska 121 in Warsaw’s Bielany district.

Office & mixed-use development

Poland Infor extends lease at Globalworth’s Retro Office House

schedule 02 December 2024
Opr./edited by ANZ

Infor, a company offering cloud-based business software solutions, has renewed its lease at Globalworth's Retro Office House in Wrocław.

Warehouse & industrial

Slovakia First customer for Mountpark Bratislava

schedule 02 December 2024
Opr./edited by ANZ

Mountpark has secured Alza, an online retailer in Central and Eastern Europe, as the first customer at Mountpark Bratislava. Alza  has leased a 65,000 sqm facility in Building A at the logistics park, construction of which commenced in October.

Latest in Hotels

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 debutes 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.

schedule 15 February 2024

Accelerated recovery

According to Cushman & Wakefield analysis, after a period when the Prague hotel market was lagging behind other European cities in terms of recovery from the impacts of the covid pandemics, all of its performance indicators increased significantly in 2023. The Prague hotel market proves its resilience and attractivity.

schedule 05 February 2024

IHG's European debut

IHG Hotels & Resorts announced its first Holiday Inn & Suites property in Europe with the signing of Holiday Inn & Suites Budapest Centrale – part of its Holiday Inn Hotels & Resorts brand.

schedule 10 January 2024

The Luxury Collection will make its debut in Krakow

Marriott International and the Dobry Hotel Group have signed an agreement to create The Luxury Collection brand's first hotel in Krakow in the historic Lubomirski Palace building.

schedule 30 November 2023

The seventh Accor in Kraków

A new hotel is being built in Kraków. It will be the seventh facility of the AccorInvest/Orbis group in the capital of Malopolska under the Accor brand in the lifestyle segment. The hotel is scheduled to open in Q2 2025.

Edition 11 (293) November 2024

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