ARTICLES LABELLED WITH TAG ESG

The Echo-Archicom 2030 strategy is to follow a road map that lays out year by year how both companies are to decarbonize through zero-emission developments while further increasing the role of greenery in the group’s projects and supporting appropriate city development. The developers also intend to provide their employees with equal career and training opportunities, maximize construction site safety and strengthen its corporate governance.

Heimstaden Bostad has established a combined green and sustainability-linked financing framework to enable the issuance of green and sustainability-linked financing instruments.

Decarbonization of the construction sector plays a crucial role in achieving climate goals, as the real estate market is responsible for 38% of global CO2 emissions, according to UN data. In the case of new buildings, especially industrial ones, eco-friendly solutions have become the new standard. In fact, it’s often required by investors, says Marcin Kosieniak, MEP design specialist and co-owner of the PM Projekt construction design office, and expert of the RRJ Group.

UBM Development Czechia is implementing all its current residential projects with BREEAM certifications. This is an ecological certification that confirms the standard of buildings in terms of sustainability and environmental friendliness. With BREEAM certification, UBM is currently building the Arcus City residential complex in the Prague-Reporyje district and the Astrid Garden residential project in Holešovice, Prague 7.

Business park Dageco Expoziției Estate is among the first the first office buildings in Bucharest that will produce renewable energy after the installation of 260 photovoltaic panels on the roof. The clean energy will also power two car charging stations. 

Nearly all players in the commercial real estate market share the view that the pressure is growing on corporate leaders to have an ESG-compliant stock and operation. But the majority of them stop at „E” i.eg. being more energy efficient and environmentally friendly. This was one of the takeaways of last week’s Budapest ESG Meetup, organized by Property Forum in partnership with workcloud24.

Garbe Industrial Real Estate is moving ahead with its Europe-wide expansion, benefiting from the persistently strong demand for logistics space. For the 203 assets under its management with around 5.7 million square metres of lettable area (including open space), the company achieved rent increases averaging 11.7 percent through indexation provisions and by negotiating new lease agreements. The occupancy rate of the portfolio equals 98 percent. Moreover, the company responded to demand across Europe by delivering new sustainably designed logistics properties.

Andreas Kozma, Founder & CEO of integrated real estate management system provider iREMS International, talked to Property Forum about the value of data for property companies and shared his recommendations for property owners regarding their data management processes.

The past year has brought a lot of economic turbulence, from the still-felt effects of the pandemic to the consequences of the war in Ukraine, rising commodity prices and disrupted supply chains to currency fluctuations and energy price hikes. This situation is driving the rising costs associated with building and finishing commercial real estate. At the same time, price increases are accompanied by an evolution in office design as companies increasingly opt for a hybrid work model and pay more attention to employee welfare and sustainability. Each year, Tétris takes a look at the current budget challenges associated with office fit-outs in the EMEA region, compares them with current trends, and summarizes everything in its Fit-Out Cost Guide report.

Panattoni has received an "Outstanding" rating under the BREEAM International New Construction system for Panattoni Park Szczecin III (halls A and B). This is the first such high level of certification in the industrial real estate market in Poland for a newly built investment. Its implementation was preceded by detailed life-cycle cost (LCC) and life-cycle analysis (LCA) of the facility for a period of 60 years. During construction, energy and water consumption were carefully monitored, harmful CO2 emissions were minimized, and thermal imaging was performed upon completion. The halls have been adapted to climate change and a possible change of use in the future. The project is located just 500 meters from public transportation and is accessible to people with disabilities.