HUNGARY Hungary’s central bank (MNB) has found an interesting way to support the country’s recovering real estate market. After what must have been extremely hard bargaining, it has bought a four-star rural residence worth EUR 2.9 mln for over EUR 1.3 mln to pamper its employees, reports the ‘Wall Street Journal.’
RUSSIA With a 5.4 pct drop in the revenue per room (RevPAR) y-o-y, the performance of the Moscow hotel market for H1 2014 is down, but less than feared, according to the Moscow Hotel Market Update report by JLL.
POLAND Hotel group Carloson Rezidor, which owns 1,340 hotels worldwide including Radisson-branded hotels, has decided to enter another Polish city, the mountain resort of Zakopane.
UKRAINE In H1 the hotel occupancy in Kyiv dropped to 28 pct, an all-time low, compared to 50 pct in the first half of 2013, according to the latest Hotel Intelligence report by JLL.
Hotels
POLAND Carlson Rezidor Hotel Group has decided to open a five-star Radisson Blu Resort in Świnoujście as part of the Baltic Park Molo complex, developed by Zdrojowa Invest. This will be the first Radisson Blu Resort-branded hotel in Poland.
Hotels
RUSSIA The Park Inn by Radisson Pulkovo Airport hotel in St Petersburg has been opened.
Hotels
POLAND The Hampton by Hilton Wrocław City Center West is to be developed after the signing of an agreement between Hilton Worldwide and Rialto.
Hotels
CEE REGION Prague-based hotelier CPI Hotels, a part of the Czech investment group CPI, has become an operator for ten Orco Property Group-owned hotels located across the Czech Republic, Slovakia, Poland, Hungary and Russia, nine of which have been forming a regional chain, Mamaison.
HUNGARY Dubai-based developer Al Habtoor Group has acquired InterContinental Budapest, the company informed.
Hotels
BOSNIA AND HERZEGOVINA Marriott will open its first Courtyard hotel in Bosnia and Herzegovina next year. The 130-room facility is scheduled to open in mid-2015 in Sarajevo. This will be Marriott International’s second venture in the country after it launches its Residence Inn Sarajevo in early 2015.
Hotels
CROATIA Austrian banking group Hypo Alpe-Adria-Bank International has put the Lisanj hotel in Novi Vinodolski up for sale.
RUSSIA According to the latest report by JLL, in 2014, the quality hotel market in Moscow has seen a 4-pct drop in occupancy rates (down to 59 pct) and a 1-pct drop in the ADR (now at the level of RUB 6,000). This fall can be attributed to the political turmoil in Ukraine and sanctions put on Russia as a result, the analysts write in the “Moscow Hotel Market” report.
Hotels
POLAND Real estate developer Doctor Q Bud will build a new, Best Western-branded hotel at Kraków-Balice airport. The project is now undergoing the final phase of designing and planning. Best Western Balice Airport Kraków is scheduled to open in the first half of 2016.
Hotels
HUNGARY CIB Group has appointed Cushman & Wakefield to sell the Rózsadomb (Rose Hill) site of the unfinished Szot hotel in Budapest.
Hotels
LATVIA The first hotel of the Ibis Styles brand, which is owned by the Orbis/Accor hotel family, is to be opened in Riga.
Hotels
POLAND The Novotel hotel brand, which belongs to Orbis/Accor, is introducing a new gastronomy format to four of its Polish hotels – Novo2 (Novo Square).
Hotels
POLAND A hotel operated by the Best Western franchise chain is to be opened in Brzeg near the Galeria Brzeg shopping centre.
Hotels
POLAND Mazowiecki Port Lotniczy Warszawa-Modlin (or Modlin Airport) is planning to build a hotel with app. 90 rooms.
Hotels
CZECH REPUBLIC Avestus Capital Partners has sold the Four Seasons hotel in Prague to US company Northwood Investors for an undisclosed sum, according to idnes.cz.
Hotels
POLAND The Qubus Hotel chain is introducing a new hotel concept, Alto, designed for smaller town markets.
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
Poland’s residential construction market is slowing, with 936 projects put on hold over the past year. Yet investors continue to prepare new projects, ...
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.
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
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 ...
The Grand department store in Pardubice has achieved an Excellent rating under the internationally recognised BREEAM In-Use sustainability certificati ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
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 ...
Green House Development is launching pre-sales of suites at Wave Ustka Thermal & Spa, the third development under the Wave brand on the Polish coast, ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construc ...
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
Retail accounted for 36 pct of total commercial real estate investment in both Poland and Italy in Q2 2026, the highest share among the eight European ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
WSP Polska, a global engineering and consulting firm, has signed a lease with Karimpol Polska for 1,100 sqm of office space on the 12th floor of Skyli ...
Savills, which already manages an office portfolio in Poland for TFI PZU, has now also been appointed to manage three of the fund's retail assets.
The City of Poznań and Dekpol Budownictwo have signed a contract for the major redevelopment of the Poznań Palm House. The city’s landmark attraction ...
Resi4Rent has completed a 620-unit PRS development at ul. Bardzka in south-eastern Wrocław. The development is located between the Huby and Tarnogaj d ...
Manufaktura in Łódź has opened a new ultra-fast EV charging hub in partnership with Eleport, adding eight new chargers to the complex’s existing charg ...
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
7R has signed a long-term lease with Berner Polska for nearly 6,500 sqm at its 7R Hub Nowa Huta logistics and technology development in Kraków.
June 2026