The topic of sustainability has become one of the most important megatrends of our time. Sustainable construction is also becoming increasingly important in the hotel real estate market, leading to an increase in demand for corresponding certificates in Austria, according to Christie & Co.

CTP has completed the certification of its industrial real estate portfolio in Central and Eastern Europe. In total, 292 CTP buildings at around a hundred different locations in six countries have confirmed their BREEAM In-Use status at the Very Good level or higher. A number of properties have reached the Excellent level. This ranks the company as the greenest developer of industrial real estate in CEE.

Romanian developer Țiriac Imobiliare has appointed Colliers International to obtain the WELL Health-Safety certification for a mixed portfolio of projects, being the first developer in Romania to do so.

Panattoni has been awarded four BREEAM certificates with ratings of 'Very Good' for its latest buildings. Each has passed a multi-criteria assessment of their impact on the environment. The buildings come from four separate projects: Panattoni Park Gorzów Wielkopolski, Panattoni Central European Logistics Hub, Panattoni BTS Amazon Łódź and Panattoni Warsaw Janki South. In this year alone, Panattoni has already been awarded certificates with ratings of 'Very Good' for over 520,400 sqm of space.

The Flow Building, Flow East’s development on Wenceslas Square, has become the first building in the Czech Republic to achieve a BREEAM “Outstanding” rating – the highest possible rating – under the latest assessment scheme version.

GTC has expanded its portfolio of green projects. The Matrix A and Matrix B office buildings in Zagreb have both been granted LEED Platinum certifications. Thus, 80% of all GTC’s office properties now bear an eco-friendly label. 

Even though logistics is the real estate sector least affected by the current economic downturn, tenants are still looking to cut costs and this is what landlords need to respond to. Ana Dumitrache, Country Head at CTP Romania, who will be a speaker at our upcoming SEE Property Forum 2020 in Bucharest, talked to us about how COVID-19 has impacted the company’s operations, what tenants are looking for and how an ambitious expansion strategy can be executed.

Green Court Office, a 20,000 sqm office building located in District 13 of Budapest has reached structural completion last week. A few days earlier, Green Court Office was awarded an interim BREEAM Excellent certification. The building is scheduled to be completed at the end of 2021.

Polish company Scallier, which is developing a chain of retail parks in Romania under the brand name Funshop Park, has decided to choose BREEAM as the certification system for newly built schemes. Gleeds, one of the world’s largest companies operating in the construction consultancy market, is responsible for the certification process as well as project and cost management services. By 2022, Scallier plans to deliver 6 assets under the Funshop Park brand, which will offer a total of 40,000 sqm of modern retail space (GLA). Further projects are in the preparatory stage.

The Vox Technology Park office building in Timișoara has obtained the BREEAM In-Use v6 sustainable certification with an Outstanding rating, the highest existent score accorded on a global level, thus being the first project in Romania with this ranking.