South Eastern Europe

Wyndham Hotels & Resorts and the Mercan Group have launched a new beachfront resort on the northern coast of Corfu. Located in the village of Acharavi, the 163-room Wyndham Corfu Acharavi marks Wyndham’s brand debut on the island, with expansion plans already underway.

Scallier has strengthened the tenant mix at FunShop Park Vaslui with the market entry of Worldbox, marking the brand’s debut in Romania. The multi-brand fashion and sportswear store occupies more than 660 sqm and adds another international retail concept to the fully leased retail park. The opening underlines the continued at...

Scallier continues its growth on the Romanian market with a new tenant at FunShop Park Vaslui: Worldbox, a multi-brand concept by the CCC Group, has opened a 660 sqm store. Known for its streetwear and sportswear range, Worldbox is in talks for further locations across the FunShop portfolio.

IGD has finalised the sale of the fully leased “Winmarkt Diana” shopping centre in Tulcea, Romania, for €5.6 million. The transaction brings the company’s Romanian disposals in 2025 to a total of €21.8 million, exceeding its business plan target for the year.

Crosspoint Real Estate has successfully advised Eeze on securing a new 1,200 sqm headquarters in Bucharest’s AFI Park Floreasca. With existing offices in Malta and London, the company is reinforcing its regional presence in one of the city’s most ESG-compliant business hubs.

KKR has provided approximately €300 million in whole loan financing to EPISO 6, a fund managed by Tristan Capital Partners, to support the acquisition and expansion of the easyHotel platform. The deal secures capital for development and upgrades across Europe.

Hercesa Romania has started construction on the fourth building of Stellaris Residencias in Bucharest, adding 114 units to its pipeline. With over 600 apartments now under development across Stellaris and Vivenda projects, the company continues to expand its footprint in Romania's capital.

LPP Logistics will more than double its presence at CTPark Bucharest West, adding a high-tech logistics facility next to its new e-commerce centre. The building will serve Romania, Bulgaria, and Greece with a 40 million-item capacity.

Winmarkt Oltul, a 22-store shopping centre anchored by Carrefour Market and located in Slatina has been sold by IGD’s subsidiary Win Magazin S.A. The deal supports IGD’s 2025–2027 strategic business plan, bringing total Romanian sales this year to €16.2 million.

With strong connectivity, flexible layouts and energy-efficient design, Aria Shopping Center is positioning itself as the go-to retail destination for showroom brands in Valea Cascadelor. Tenants benefit from proximity to a logistics park and the A1 motorway.

ECE has been awarded the contract for the management, further development and repositioning of another shopping centre in Turkey: the Adapalm Shopping Centre in Adana. The national company ECE Türkiye will take over the long-term operation, leasing and strategic planning services for the shopping centre, which is owned by Tur...

IHG Hotels & Resorts (IHG) announces the signing of Crowne Plaza Budva in Montenegro, in collaboration with its partner Uniprom Hoteli d.o.o. The hotel will become part of Crowne Plaza’s growing European portfolio.

The Israeli developer Dimri continues to expand one of the largest residential developments in Sector 6, Bucharest. With the handover of two new buildings and 161 fully finished apartments, the project reaches 536 completed units and now houses over 1,400 residents.

Building on a record-breaking 2024, Radisson Hotel Group has carried its momentum into 2025, accelerating growth across EMEA and APAC while staying true to its Responsible Business commitments.

Premia SA has expanded its hospitality portfolio by adding two new hotel properties on the island of Kos. According to market information the purchase price is around €112m.

CTP has appointed Ivanka Ivanova as Managing Director for Bulgaria, as the company continues to expand its footprint across Central and Eastern Europe (CEE) and deliver on its strategy to reach €1 billion of annualised rental income by 2027.

One of the most significant hotel acquisitions in Belgrade in recent years has been finalised. D.N.Z.-Neskovic d.o.o. Beograd is the new owner of the Hotel IN in New Belgrade. The company, which is part of the Neskovic business group, was registered with the Business Registers Agency as the new owner on 24 September.

With over 40 active sites and 3,000 workers, The Ellinikon is moving forward at full speed. New partnerships with ION Group and the University of Nicosia, as well as progress on housing, retail and leisure facilities, underline the project’s momentum.