ARTICLES LABELLED WITH TAG ESG

Răzvan Nica, Managing Partner BuildGreen, talked to Property Forum about the building certification trends and the company’s development of the CarbonTool platform, which helps property players meet their decarbonisation objectives.

Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.

In total, 121,000 sqm of office premises in 6 A-class office buildings that form a significant part of the Investika real estate fund´s portfolio in Poland has achieved international environmental BREEAM certification. Four properties have been certified at the “Excellent” level, while two have obtained the “Very Good” level. Successful BREEAM certification, one of the two most widely recognized international sustainability standards for buildings, is part of Investika real estate fund´s ESG strategy.    

The Royal Institution of Chartered Surveyors (RICS) has released a new edition of its Global Red Book, which features several crucial updates on AI use in valuation and the mandatory implementation of ESG principles.

Dominik Uhe, Head of Investor Relationship Management at Kaufland International, shared insights into the retail giant’s evolving role in the supermarket sector, strategies for fostering investor confidence, and the company’s commitment to ESG innovation. With a focus on flexibility, long-term partnerships, and sustainable development, Dominik offers a forward-looking perspective on how Kaufland is shaping the future of retail real estate in CEE and beyond.

Experts from Cushman & Wakefield note in their latest report that the residential sector in Poland is developing ESG strategies focused on environmental aspects. However, PRS and co-living investors are also undertaking community-oriented initiatives.

Romanian construction group Bog’Art has published its first sustainability report that outlines the company’s results and objectives under the ESG development framework. 

Attila Gorbai, General Manager of Tennant Company in CEE, spoke with Property Forum about the portfolio expansion of Tennant’s robotic cleaning machines following their integration into Tennant Company and the company’s vision to expand their role in the floor care market across the CEE.

Dom Development Group has established the Nasz Dom Foundation to consolidate all charitable activities. The Foundation’s work was officially launched with a cooperation agreement signed with the Ukrainian foundation - Housing for IDP. In 2024, Nasz Dom Foundation will donate PLN 3.2 million to support a housing project for internally displaced persons in Ukraine.

Agnieszka Gutowska, Head of Brand Marketing & Communication at Nhood Services Poland has talked to Property Forum about the implementation of the ESG principles in the new retail projects, the costs of modernization of the older ones and the approach of the tenants to the ‘new green deal’.