Together, the projects, valued at over USD 6.5 billion, are expected to contribute more than USD 7 billion to Georgia’s GDP over the next decade, generate over 31,000 new jobs, and deliver billions in tax revenues to the government.
Patria investicni spolecnost has announced it successfully completed the acquisition for CSOB Real Estate Fund of two properties in the center of Prague from Amundi: the Forum Karlin building and the Ibis Praha Old Town property.
The two companies are now establishing a joint venture to combine their knowledge and experience to provide professional hotel management and development services.
CrediaBank has provided financing for the reconstruction, development, and refurbishment of a luxury resort in Porto Heli, Argolida, to be operated by Four Seasons.
Irundo–Short Term Rentals is a Croatian short-term rentals company. The company was founded 15 years ago and manages over 300 apartments across top tourist destinations.
The hotel, opened in 2006 and located near the Belgrade Arena and the Sava Amphitheatre, is a four-star property that offers 187 rooms and suites, conference facilities, and a wellness center.
Marriott International, Inc. has signed an agreement with Kuzu Group to bring a luxury resort and branded residences under the St. Regis brand within the secluded enclave of the Kazikli Cove in Bodrum, Turkiye.
Closing of the property sale, which was exclusively brokered by hotel real estate specialist Christie & Co., took place on June 27, 2025, with operational closing scheduled for January 2026.
Romania’s Meta Estate Trust has agreed to pay EUR 1.52 million to acquire four villas within the Radisson Blu Grand Mountain Resort Brasov, the first 5-star mountain villa resort in Romania.