Croatia

S Immo has signed the contract to sell the Zagrebtower to the OTP Group. The disposal is in line with S Immo's adjusted strategy of gradually withdrawing from the Croatian market.

S Immo AG has modified its portfolio strategy. As part of this process of optimization, the Austrian company is also considering withdrawing from the Croatian and Slovakian markets.

Avison Young opens a strategic affiliation with a dynamic team of experienced local professionals in Croatia. This expansion demonstrates AY's commitment to capitalize on opportunities in South East Europe. The new office will be located in Zagreb. The team's core areas of expertise include Office, Retail, Industrial & Logist...

Immofinanz has closed the sale of the Grand Center Zagreb office property to a Croatian real estate company. This transaction represents a further step in the optimisation of the portfolio.

S Immo AG successfully concluded the disposal of the Eurocenter office building in Zagreb, Croatia. In addition to offices, the Eurocenter also includes a bank branch and a café and has a gross lettable area of around 9,000 m². The transaction of the centrally located and well communicated mixed use office building in Miramar...

Accolade Group expands into Croatia, marking the seventh European country in its portfolio. This move is part of the group's strategic goal to grow in regions with high demand and potential for future development.

AC Hotels by Marriott announced its brand debut in Croatia with the opening of AC Hotel by Marriott Split. The hotel is located on the high floors of the 135-metre-high Westgate Tower with a views of the Adriatic Sea and Split’s cityscape.

For the "Hotel Design Award 2023“, which will be presented at the 196+ Forum Milan on Monday, April 17, the twelve-member jury with various professional backgrounds has nominated 13 hotels from among 21 applicants from nine European countries .

21 hotels from 9 European countries have submitted entries for the "Hotel Design Award 2023“, which will be presented during the 196+ Forum Milan on Monday, 17 April.

Tomislav Čeh, Head of Adriatic Sea, and Stefan Catic, Head of Operator Search, are new partners of PKF hospitality group as of January 1. The two team members took over shares in PKF hospitality holding GmbH, Vienna, from Michael Widmann, Global CEO.

Immofinanz has opened its sixth and largest Stop Shop in Croatia in Velika Gorica. The new retail park has 12 stores and a coffee house. The scheme comprises over 8,500m² of rentable space and a wide range of brands, including KiK, Plodine, Pepco, NKD, Deichmann, Sinsay, Optika Anda, New Yorker, DM, ZOO City, and Hervis.

GTC signed an SPA to sell its A-class Matrix A and B office buildings in Zagreb to a strong local real estate group from Croatia. This transaction will mark a return on cost exceeding 22% and is about 7% above the book value. GTC’s ability to sell assets well above the book value demonstrates that current discount to NAV on i...

Radisson Hotel Group to announce the debut of its luxury lifestyle Radisson Collection brand in Croatia, with the opening of Grand Hotel Brioni Pula, A Radisson Collection Hotel. This follows an extensive £30 million repositioning of the legendary Hotel Brioni, one of Croatia’s best-known hotels, by Radisson Hotel Group’s par...

Radisson Hotel Group and PPHE Hotel Group have extended their longstanding strategic partnership. Through the partnership, they will jointly develop a global portfolio of premium lifestyle art’otels in key gateway cities and capitalize on growth opportunities presented by PPHE’s current and future property portfolio.

GTC is set to further develop the Matrix Office Park by adding another building to the complex. The third building, Matrix C, which received a building permit earlier this year, will be the newest extension to Zagreb’s most modern and sustainable business center.

Immofinanz is following its market entry in Italy with the expansion of its Stop Shop retail park brand across the Adriatic region in line with the corporate strategy.

M7 Real Estate has completed the final sale on behalf of the M7 Central European Real Estate Fund I (“M7 CEREF I”), with the disposal of the Mani Business Centre to Raiffesen Pension Insurance Company. The investor will continue to asset manage the property on behalf of the new owner.

M7 Real Estate has acquired two modern urban logistics assets, both on Slavonska Avenue, Zagreb, on behalf of M7 CEREF II.