Genesis Property completes green energy investment in Bucharest

22
Nov
2022
News - Genesis Property completes green energy investment in Bucharest #Bucharest #Genesis Property #Ioan Bejan #photovoltaic #Romania #YUNITY Park

by Property Forum | Office

Romanian developer Genesis Property has completed the largest renewable energy project in an office park in Romania. The project consisted of the installation of more than 1,000 photovoltaic panels on an area of more than 4,000 sqm, in prosumer mode, on the office buildings’ roofs in YUNITY Park based in northern Bucharest, following an investment of €1 million.


Reducing environmental impact is becoming an increasingly important concern for Romanian employees in the context of climate change related matters, shows a survey commissioned by Genesis Property. 

“We are taking a first step forward in the effort to align the current NZEB (nearly Zero-Energy Building) concept towards zero-emission buildings (ZEB), thus aligning the energy performance requirement in the current Energy Efficiency Building Directive with the EU's long-term goal of climate neutrality. YUNITY Park is designed as an example of sustainability for the future, not just for today's challenges,” said Ioan Bejan, Sustainability Director, Genesis Property. 

The photovoltaic panels installed on YUNITY Park buildings will produce between 650 - 680 MWh/year depending on weather conditions 

YUNITY Park is slated for delivery in early 2023. 




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  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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