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.

Răzvan Nica, Managing Director, BuildGreen, spoke with Property Forum about the decarbonisation efforts of real estate companies and the growing appeal of green buildings for banks.

VGP has started the development of a new industrial building with a leasable area of 32,768 sqm in VGP Park Timișoara.

IBB Holding Romania, founded by Romanian entrepreneur Ion Crăciunescu, has started the development of a new residential complex in Pipera, near northern Bucharest, which will have a market value of around €160 million.

Peakside Capital Advisors has achieved two BREEAM IN-USE certifications at the "Very Good" level for over 50,000 square meters of warehouse-office space at Logistics Point Raszyn and Logistics Point Piaseczno. The attained rating results from the successful modernization of fully commercialized logistic centres near Warsaw. 

Hillwood Poland’s 15 buildings have been certified BREEAM In Use at the Excellent level, completing the certification for the company’s entire portfolio. Obtaining the certificates was the result of cooperation with JWA, a consulting firm specializing in green solutions for commercial real estate.

Park Avenue Tower in Tirana has become the first Albanian office project to secure BREEAM Design Stage certification with an Excellent rating, a level in alignment with European standards for commercial investments. The process of certification was conducted by experts from Colliers Poland with support from the Colliers Albania team.

Hungarian construction company Kesz Group has expanded in the Romanian residential segment and will start its first housing project in northern Bucharest. Following this move, the group will act as a construction and developer player on the local market.

Industrial/logistics developer CTP has announced the 30,000 sqm expansion of CTPark Košice in Slovakia following two pre-lets.

The Greenfield Plaza shopping centre, which is located in the Greenfield Băneasa project developed by Impact Developer & Contractor has obtained the BREEAM Excellent certification following the evaluation carried out by BuildGreen.