Futureal Group has started the construction of the second phase of its Advance Tower office building located at the Váci office corridor in Budapest, Hungary. The expansion of the office complex will offer an additional 8,000 square meters of GLA. Advance Tower’s second phase receiving the international WELL Building Platinum Precertification is expected to be handed over in the second half of 2019.

Yareal has received the building permit to construct the first stage of the 65,000 sqm LIXA office complex. Yareal’s biggest office investment ever will co-create the business centre at Warsaw’s Daszyński roundabout.

Optim Project Management has assisted NEPI Rockcastle throughout the entire BREEAM certification process for the landmark office project, Aviatorilor 8. The building achieved an ‘Excellent’ level of certification under the BREEAM International 2013 rating scheme.

Galeria Mazovia, a retail asset located in Płock, Poland and owned by the CBRE European Shopping Centre Fund (ESCF), has obtained a BREEAM (Building Research Establishment Assessment Method) rating of ‘Excellent’ in tests conducted in February 2018.

The EBRD and ING Romania are joining forces to finance the logistics park CTPark, situated on the A1 Bucharest-Pitesti motorway and 2 km away from the Romanian capital. The financiers have arranged a package of €96 million, of which the EBRD is providing €43.8 million and ING €52.2 million.

The Eiffel Square office building has been qualified Excellent in the BREEAM asset performance appraisal method in the In-Use Asset category. Under BREEAM, the world’s leading sustainability appraisal method, the Class A+ Eiffel Square Office Building has been certified as a building operating in an outstandingly environment-conscious manner.

Futureal Group signed a credit agreement of €34.2 million with K&H Bank in order to finance the realization of the Advance Tower office building located in Budapest, Hungary. The first phase of the office complex, receiving the international WELL Building Platinum Precertification, is expected to be handed over in the second quarter of 2018.

Although offices still comprise the majority of certified green buildings in Hungary, other types of properties are increasingly being certified, according to Colliers International’s latest green building market report.

Olivia Six of the Olivia Business Centre in Gdańsk now holds a BREEAM certificate on the Excellent level. This is another office building of the Olivia complex classified as compliant with the top standards and practices in the scope of sustainable design, building and exploitation. The facility scored almost 80 percentage points and thereby improved pre-certification note from 2015 by 3.5 point.

The ParkLake shopping mall in Bucharest, developed by a joint venture of Sonae Sierra and Caelum Development, has received a BREEAM certification with a rating of ‘Excellent’.