Radisson Hotel Group has announced the rebranding of prizeotel to Prize by Radisson and its entry in Poland. 

Pavăl Holding, owned by Romanian Pavăl brothers, and Lithuanian hospitality group Apex Alliance, have jointly purchased Waldhaus Flims Wellness Resort, 5-star hotel complex in Switzerland. 

Property Forum’s first annual CEE Property Forum Awards Gala will take place during CEE Property Forum on 25 November 2024. The list of award categories is already available and nominations are now open until October 18th. Property Forum’s CEO Csanád Csürös answered all potential questions related to the nomination process and explained how the winners will be selected.

Panattoni has purchased a land plot where it is to build Panattoni Park Kraków East V. The launch of construction work is scheduled for October and the park’s first tenant – Highway Automotive – has already been found.

According to the 2024 Savills Nearshoring Index study, the Czech Republic is the second most attractive location for industrial occupiers looking for ‘nearshore’ supply chains. 

The volume of office leasing in Bucharest amounted to 168,000 sqm during H1 2024, down 11% compared to the same period of last year, with the average new lease deal at more than 1,100 sqm, according to Cushman & Wakefield Echinox. 

Fiege has leased more than 16,000 sqm in Panattoni Park Goleniów I, which is its third location in the Western Pomerania province. Cushman & Wakefield was responsible for providing assistance during the choice of location, negotiations and lease strategy development.

Cresco Real Estate has announced a new partnership in the Slnečnice project in Bratislava's Petržalka district. A strategic partner, WOOD & Company, with whom Cresco Real Estate is already developing the planned Lakeside 3 project in the capital, is entering the part of the Slnečnice nad Mestom project. 

ITB development is changing the plans of the fourth phase in the Čerešne residential district, YIMBA.sk reports. The original intention has included a hotel or an accommodation facility with hotel apartments Čerešne Inn. Now it is being converted into apartment living. 

Romania’s commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers.