POLAND Strabag Real Estate has laid the foundation stone for a 12-storey Motel One hotel with 333 rooms on ul. Tamka in Warsaw.
SLOVENIA The Orbis hotel group has entered Slovenia by signing franchise agreements with Terme Maribor, which is to renovate two of its hotels in Maribor so that they meet the requirements of the Mercure and Ibis Styles brands.
Hotels
POLAND InterContinental Hotels Group has signed a contract that will lead to creation of Staybridge Suites Warsaw Ursynów – the first Staybridge Suites in Poland and the brand’s eighth property in Europe.
POLAND As a year-round destination, Poland’s tourism market is not only showing a positive development, but the country is also enjoys growing importance as a MICE destination, according to the ‘Overview of the Hotel Market Poland & Key Cities Overview of the Hotel Market Poland & Key Cities August 2017’ report by Christie & Co.
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POLAND The Hampton by Hilton Lublin has now opened.
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POLAND A five-star MGallery by Sofitel resort hotel will be built in Jurata and operate as a franchise operation.
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LITHUANIA The five-star Archer Mansion hotel is to open in Vilnius. This will be the first of the Design Hotels chain to open in Lithuania.
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WORLD The AccorHotels Group is preparing to open its biggest hotel complex in the world in South Korea.
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POLAND A capsule hotel is to be developed in the centre at ul. Dowcip 4 in the centre of Warsaw.
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LATVIA By 2020, a 220-room Radisson RED hotel is to open on Elizabates iela in Riga and will be managed by the Astor Group.
CEE REGION Orbis is planning to open eight hotels over the next few months. The company has also signed a total of 40 contracts for the management or franchising of its hotels. The company has also employed Frank Reul, who will now be responsible for the development of the Orbis group.
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Anna Pakulniewicz, ‘Eurobuild Central & Eastern Europe’: The JM Hotel in Warsaw has been acquired by Leonardo Hotels to become the first hotel of the chain in Poland. What is your development strategy for Poland and the region? Paulina Kołodziejczyk, general director, Leonardo Royal Hotel Warsaw: The decision to enter the Polish market was really made at the last minute. Initial negotiations took place in November last year. That was when we decided to take over the JM hotel on ul. Grzybowska. The first quarter of operations was very fruitful. I expected this because I know the Polish market, so I was not afraid of taking up the challenge. However, the Leonardo group has been positively surprised. We have enjoyed much better results compared to other hotels in Central Europe – such as in Berlin, or Prague, where we have had the Nyx hotel for a year, and Budapest.
POLAND The tourism industry’s contribution to Warsaw’s GDP was in excess of PLN 15 bln in 2016.
ROMANIA The first Ibis Styles hotel is to be opened in Bucharest in mid-2018.
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MONTENEGRO The chairman of global property development company DAMAC Properties, Hussain Sajwani, has met with the prime minister of Montenegro Duško Marković to discuss the possibility of building five star hotels and luxury resorts.
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ROMANIA Israeli based Elbit Imaging has announced that it has signed a non binding letter of intent to sell its 98.2 pct shareholding in the Radisson Complex in Bucharest based on a property value of around EUR 177.5 mln.
ROMANIA New brands are likely to sign lease or partnership contracts with hotel developers, who are looking for alternative business models to management and franchise contracts, claims Colliers International. According to the real estate consultancy the Romanian market could undergo significant changes over the next year or so due to new brands entering the market.
ROMANIA Orbis, whose strategic partner is AccorHotels has signed a management contract for the Ibis Styles hotel in Bucharest with Construcții Erbașu.
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POLAND The Varsovia Apartamenty Jerozolimskie aparthotel has opened.
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POLAND Austrian chain Vienna House is to open a four-star hotel in Warsaw’s Służewiec Przemysłowy district.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
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 ...
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 superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occ ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the ...
