Lublin: VDHG terminates the Lease Agreement with SORAT Hotels for the Grand Hotel Lublinianka

Von der Heyden Group terminated the 10-year Lease Agreement with SORAT Hotels Sp. z o.o. as the Tenant did not comply with the conditions of the lease agreement signed on 6. February 2001. SORAT failed to pay its rental obligations for 3 consecutive months and did not meet other financial obligations under the Lease Agreement.

Von der Heyden Group has taken over the majority of the staff and is fully prepared to run the Hotel as of 1 September 2002. Agreements with all key suppliers have been entered into in order to guarantee a smooth transition and ensure that the guests of the Hotel will have at least the same as before level of service. The pre-bookings are stable for the coming months. The average Room Rate is around 105 Euro and the Owner expects an Average Occupation in the first year of operations of around 40-45 %.

Lublin: Spanish Evening in Grand Hotel Lublinianka

On September 24, 2002, a hundred-year-old Grand Hotel Lublinianka in Lublin welcomed the celebrities of the world of politics, business, culture, science and the media from the region. The Spanish Evening was the occasion to introduce Mr Javier Soria as the new director of the hotel.

The sounds of sevillianas and the flamenco show filled the walls of the hotel with joyful atmosphere, and the wine and specialties of the Spanish cuisine made the fiesta complete. The latest models of SEAT Ibiza and Alhambra. at the entrance to the hotel added another Spanish detail to the whole event. Mr Sven von der Heyden, the President of Von der Heyden Group himself was taking an active part in making all the guests feel at home and made sure everybody left the hotel with great memories of the evening.

Awards for Von der Heyden Group

The first Construction Journal Awards for Poland produced excitement, surprise and controversy in equal measure as the cream of the Polish real estate community applauded the event’s launch as a resounding success.

The four course dinner and awards ceremony, held at the Warsaw Marriott hotel in downtown Warsaw on Wednesday night (6th November 2002), saw the Von der Heyden Group celebrate an outstanding double success in winning the event’s two major prizes, the award for Best Overall Development as well the industry’s own ‘oscar’ for Personality of the Year 2002.

Grand Hotel Lublinianka was cited by the awards jury as ‘a truly brave development’, while the head of the same company, Sven von der Heyden, was honoured for ‘outstanding contribution to the development growth and profile of the real estate industry in Poland during 2002’. Kinga Koninska, who picked up the award on behalf of Mr von der Heyden, read out a statement saying that he was ‘very surprised and honoured to have been nominated and elected to be the Construction Journal Personality of the Year 2002, and even more really very moved’.


Grand Hotel Lublinianka awards

First Anniversary of Grand Hotel Lublinianka

On July 18 the Grand Hotel Lublinianka in Lublin celebrated its first anniversary. Despite the holiday season, the celebration was attended by many friends and partners of the hotel, who were having a great time till late at night.

The event was hosted by Jacek Borkowski, who entertained the guests with the songs from the repertoire of Frank Sinatra. The dancing couple of The Salsa Kings gave a stunning and lively performance of Latin American dances and encouraged the audience to learn salsa and have a go at the dance floor. The comedian show of the famous Lublin based “Ani Mru Mru” satirical group added up to the jolly spirit of the evening. The elaborate buffet and the wide variety of drinks, the 4 tier cake and a lucky draw for the guests made this special evening complete.

The hotel’s first anniversary was also the occasion to make the official presentation of the new General Manager. Hiren Prabhakar took over the post from Javier I. Soria-Torres, and he made a commitment “to provide a high standard of quality and service that guests can experience in hotels anywhere in the world”. He also invited the citizens of Lublin to food promotions at the “BelEtage” Restaurant, to “take advantage of the rich culinary heritage of Poland with an international fusion”.

The owner of the hotel and the President of the Von der Heyden Group, Sven von der Heyden, announced the new management with the IBB Hotels from Spain, represented at the anniversary by its President, Damian Llull.

Refinancing for Grand Hotel Lublinianka

On 24th of February 2006 Lublin Grand Hotel Sp. z o.o. – one of the Von der Heyden Group companies established to realize the “Grand Hotel Lublinianka” project – has refinanced it’s loan in Millennium Bank S.A. with a new loan granted by Bank Zachodni WBK S.A.

The loan Agreement between Lublin Grand Hotel Sp. z o.o. and Bank Millennium S.A. was concluded in the year 2000. During the five year period a lot of changes connected with the project and it’s environment took place, what encouraged the Management Board of the Company to work out a new conception of the project financing.

From among all banks invited to co-operation, the best offer was made by Bank Zachodni WBK S.A. The agreement is concluded for the period of eleven years.

Von der Heyden Group thanks Millennium Bank for the five years of cooperation and enormous equity contributions by its shareholders, which allowed to restore splendor of this historical building and re-open this magnificent hotel in the City of Lublin.

Liberty Corner and Grand Hotel Lublinianka nominated to CEE Property Awards: ‘1989 – 2006 The Best of the Best’ !

It is our great pleasure to inform that Von der Heyden Group’s projects: Liberty Corner and Grand Hotel Lublinianka have taken part in CEPIF and International Herald Tribune CEE Property Awards: ‘1989 — 2006 The Best of the Best’ for the CEE Region’s best developments and have just been nominated for a short list to win the above mentioned awards in two categories: “Best CEE Office Development” and “Best CEE Hotel Development”.

The winners will be announced at the CEPIF Gala Party in the evening on May 11, 2006 and in the International Herald Tribune.