Genesis Property fully powers its portfolio with renewable energy

19
Jun
2024
News - Genesis Property fully powers its portfolio with renewable energy #BREEAM #Genesis Property #IMMUNE #nZEB #office #renewable energy #Romania #student #YUNITY Park

by Property Forum | Office

Romanian developer Genesis Property says it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.


The developer’s electricity consumption is covered by 1,080 photovoltaic panels installed on the roofs of all the buildings in YUNITY Park.

“Achieving Genesis Property’s important goals of decarbonisation by 2040 and transforming the company’s entire building portfolio to zero carbon buildings (ZEB) by 2030 requires, among other things, increased attention to the transition to clean energy. Thus, the use of only renewable energy for our buildings is a key step in this direction. At the same time, with this measure, we are also giving our tenants the support they need to meet their own environmental commitments,” says Ioan Bejan, ESG Director of Genesis Property.

Going forward, Genesis Property aims to achieve nZEB, BREEAM Outstanding and IMMUNE Resilient certification for all buildings in its portfolio by 2026 and ZEB certification for its entire portfolio by 2030. 




Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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