Reducing carbon emissions is surely becoming a top priority for landlords especially since numerous investors have committed to reaching net-zero emissions. At the same time, they’re also discovering that digital tools can help improve occupancy in office buildings which often stand half-empty these days due to widespread remote working. It’s high time for the industry to use disruptive technology and invest in digitization to improve utilization of space and reduce carbon emissions, says a new report on ESG and digitalization in the office market by workcloud24.

Deutsche Pfandbriefbank AG (pbb) concluded the 2021 financial year with a pre-tax profit of €242 million, thereby exceeding by 60% the previous year’s results, which were burdened by the COVID-19 pandemic.

Russia’s invasion of Ukraine has prompted such a unified response from the international business community that has probably not been observed since the creation of the internet. Companies across the world are standing with Ukraine, discontinuing their operations in Russia and taking their part in helping the victims of the war. Real estate companies in CEE have also stepped up to donate money, space and other resources to those in need. We’ve compiled a list of the humanitarian efforts announced by local and global companies. Luckily, the list below is not complete as many new announcements are made every day. We’ll keep updating it.

On 15-18 March, the team of CEE-based proptech company Maxify will showcase their innovative product at international real estate fair MIPIM for the first time.

VGP has announced a charitable contribution of €3 million to support refugees from Ukraine in Slovakia, Hungary and Romania.

Futureal-Cordia-HelloParks Group and its employees have made a number of commitments to help refugees from Ukraine.

Low interest rates and high inflation continue to drive demand for investment properties with the residential asset class remaining highly popular. As more and more private individuals, family offices and trusts are diversifying their portfolios, Arnold Investments has greatly expanded their commercial property segment. Investments in critical retail properties, logistics and offices are currently interesting, but hotels are also performing surprisingly well. Multinational brokerage firm Arnold Investments, which supported almost 100 transactions in 2021, summarised key investment market trends in Austria and other regional countries.

CTP has committed €10 million to the UN refugee agency UNHCR to provide humanitarian support for more than one million people, mainly women and children, who have fled the war in Ukraine into neighbouring countries.

JRD Group sold real assets worth CZK 1.054 billion in 2021, increased the capacity of photovoltaic power plants in Hungary to 30 MWp and commissioned a new prototype plasma gasification reactor. The JRD Land and JRD Development divisions were also strengthened, the company announced in its annual report.   

Globalworth’s adjusted normalised EBITDA decreased by 8.1% to €130.2 million in 2021, compared to €141.6 million in 2020, due to a lower net operating income. Net profit significantly improved to €47.5 million (2020: net loss of €46.8 million) due to marginal revaluation losses of €5.7 million in 2021 compared to the €116.2 million revaluation losses in 2020. The company published its unaudited financial results for 2021