ARTICLES LABELLED WITH TAG green

Atrium European Real Estate Limited has priced a €300 million inaugural green bond offering due 5 September 2027 under its EMTN Programme. The New Green Notes are issued by Atrium Finance Issuer B.V. and are guaranteed by Atrium. An amount equal to the net proceeds of the offering will be allocated to finance or refinance eligible projects and assets.

CTP has completed the certification of its industrial real estate portfolio in Central and Eastern Europe. In total, 292 CTP buildings at around a hundred different locations in six countries have confirmed their BREEAM In-Use status at the Very Good level or higher. A number of properties have reached the Excellent level. This ranks the company as the greenest developer of industrial real estate in CEE.

NEPI Rockcastle is increasing the sustainability targets for the following decade and aims to become carbon neutral by 2030. The Group’s initiative meets the EU’s efforts to combat climate change through carbon neutrality. BuildGreen, advisor in the field of sustainable development in Central and Eastern Europe, will provide NEPI Rockcastle carbon-neutral audit and sustainability strategy, to meet the Group’s target and support the line created within the realms of the Paris Agreement.

On 3 December 2020, GTC’s subsidiary, GTC Real Estate Development Hungary Zrt., issued 792 pieces of senior unsecured bonds, with the nominal value of HUF 50 million each and the total value of HUF 39.6 billion (approximately €110 million). The bonds will be fully guaranteed by GTC S.A.

CTP has successfully issued its second green bond for €400 million, following the company’s inaugural €650 million issue in October. The proceeds from both bond sales will be used to finance a portfolio of eligible green assets. CTP maintains a strong commitment to sustainability and targets carbon-neutral operations by end-2021.

Romanian developer Țiriac Imobiliare has appointed Colliers International to obtain the WELL Health-Safety certification for a mixed portfolio of projects, being the first developer in Romania to do so.

Panattoni has been awarded four BREEAM certificates with ratings of 'Very Good' for its latest buildings. Each has passed a multi-criteria assessment of their impact on the environment. The buildings come from four separate projects: Panattoni Park Gorzów Wielkopolski, Panattoni Central European Logistics Hub, Panattoni BTS Amazon Łódź and Panattoni Warsaw Janki South. In this year alone, Panattoni has already been awarded certificates with ratings of 'Very Good' for over 520,400 sqm of space.

The Flow Building, Flow East’s development on Wenceslas Square, has become the first building in the Czech Republic to achieve a BREEAM “Outstanding” rating – the highest possible rating – under the latest assessment scheme version.

Warburg-HIH Invest Real Estate GmbH has kicked off the process of converting its European real estate portfolio to green energy. The Hamburg-based investment manager successfully implemented the new energy supply for the LEED Platinum-certified White House office building in the Hungarian capital of Budapest in partnership with operating costs expert Westbridge International AG. The move will cut the building’s carbon emissions by just under 2,700 tonnes within the next three years. The fully let building is part of an open-ended special alternative investment fund (AIF) managed by Warburg-HIH Invest.

The latest Property Talks event, organised virtually by RICS Hungary, focused on renewable and alternative energy sources and their role in the built environment. Eight real estate experts shared their insight on this topic in the form of six presentations and one panel discussion.