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South Eastern Europe

First Radisson RED hotel in Southeast Europe celebrates opening

Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the vibrant Radisson RED brand in Southeast Europe. Located on Takovska Street near the House of the National Assembly, Radisson RED Belgrade offers a unique blend of tradition and contemporary style, following a complete renovat...
Thursday, 22. February 2024

Invel appoints Stamatis Sapkas as a Partner

Invel Real Estate has appointed Stamatis Sapkas as a Partner. Stamatis will have a strategic role focused on origination and the successful implementation of the firm's business plan.
Monday, 19. February 2024

ECE takes over management for shopping center in Istanbul

ECE Marketplaces is expanding its management portfolio in Turkey by another shopping center and is taking over the management of „Agaoglu Cekmeköy Park“ in Istanbul with its national company ECE Türkiye. The company will thus manage a total of twelve shopping centers in Turkey with a total rental space of around 600,000 m². M...
Friday, 16. February 2024

Arcese leases at CTPark Bucharest West

CTP enters a strategic collaboration with Arcese Group, which has leased 10,500 sqm at CTPark Bucharest West. This will be Arcese’s first location in Romania with CTP, reinforcing their expansion efforts following a successful partnership with CTP in Hungary.
Thursday, 25. January 2024

Speedwell launches sales for Glenwood Estate

Speedwell launches the sales for Glenwood Estate, a new premium villa project near Bucharest, in Corbeanca featuring a total of 209 villas, 50 of them being built in Phase One.
Thursday, 25. January 2024

Zeus acquires hotels in Italy and Greece from Prodea

Athens-based Zeus International Hotels and Resorts has acquired the Dolce Milan Malpensa hotel in Milan and the Lazart Hotel Trademark Collection by Wyndham from Athens-based Prodea Investments for an undisclosed amount. The hotel group already had the lease for both hotels.
Tuesday, 16. January 2024

Nordis to open the 5-star Hotel Nordis Mamaia

Nordis Group inaugurates Hotel Nordis Mamaia 5 *****, the most important hotel investment in Romania in the last 30 years and the largest leisure hotel in Central and Eastern Europe.
Wednesday, 3. January 2024

Wagen leases at CTPark Belgrade City

CTP has leased 10,000 sqm of warehouse space and 1,400 sqm of offices at CTPark Belgrade City to Wagen International.
Wednesday, 27. December 2023

Mediapost leases 19,000 square meters in Chitila Logistics Hub

Mediapost Hit Mail has leased 19,000 square meters of space including warehousing and office area in Chitila Logistics Hub, the industrial park developed by Global Vision and Globalworth. In this modern space being part of the park located near the Bucharest ring road, the company will operate logistics and e-commerce service...
Wednesday, 27. December 2023

Mitiska REIM sells 25 Romanian retail parks to LCP

After Mitiska REIM successful completed its value creation program, it has sold 25 retail parks in Romania to LCP Group for €219 million. This sale is one of the largest retail real estate transactions in Romania and more than doubles the original investment over an average holding period of 5 years for investors in the FRI a...
Friday, 8. December 2023

Hype by Kiddo opens in Bucharest Colosseum Mall

Hype Colosseum by Kiddo entertainment center opens in the Colosseum mall's food court, a project that integrates multiple leisure attractions, events, and entertainment for families with children as well as for teens and adults.
Friday, 24. November 2023

Hyatt to open first Romanian hotel

Luxury hotel group Hyatt is looking to open its first hotel in Romania. The downtown hotel in Bucharest will serve as company's flagship property in the country.
Friday, 10. November 2023

Ema Iftimie is appointed Managing Director Globalworth Romania

Globalworth has appointed Ema Iftimie as Managing Director for its real estate operations in Romania. Starting December 1st, Marian Popa will step down as the Managing Director and Ema Iftimie will assume this role, focusing on operational, business development and customer care.
Wednesday, 8. November 2023

Limehome debuts in Italy, Greece and Switzerland

PropTech Limehome is expanding into three new countries. The HospitalityTech has signed contracts for almost 220 apartments in Greece, Italy and Switzerland, thereby expanding its strategic focus on vacation destinations.
Monday, 6. November 2023

Hagag starts construction works on Stirbei Palace

Hagag Development Europe started the construction works for the restoration, consolidation and refunctionalization of Știrbei Palace on Calea Victoriei. H Știrbei Palace is the company's first retail project, a concept designed to meet the specific needs of the premium market segment.
Wednesday, 1. November 2023