Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
Due to its investments in sustainability, the company has reduced its greenhouse gas emissions by 24% in 2024 compared to 2019. Its total energy consumption fell by 26% in the same period, while the landfilled waste fell by 19%.
“We create spaces that cater to the current needs of the community, while also designing them to ease the transition to a more sustainable future. To this effect, last year we completed our carbon emission reduction strategy in collaboration with the International Finance Corporation and continued to invest in the communities where we are present,” says Dan-Adrian Chelaru, Iulius Group Sustainability Officer.
Iulius’ sustainability investments include €190 million that have been deployed for community facilities, parks, and infrastructure solutions in its urban regeneration projects.
The company’s portfolio comprises more than 310,000 sqm of retail premises in two mixed-use urban regeneration projects in Iași and Timișora. Its office portfolio spans 242,00 sqm across 15 green buildings.
At present, Iulius plans to start two new urban regeneration developments in Cluj-Napoca and Constanța with a combined investment of more than €1.3 billion.
