ARTICLES LABELLED WITH TAG ESG

Ghelamco has completed the construction of its first three photovoltaic farms in Poland as a part of a program to achieve energy neutrality announced in May this year.

Josef Wiedermann, Managing Director of UBM Development Czechia talked to Property Forum about recent changes, ESG strategies and provided insight into the company’s ambitious plans for becoming the largest developer of timber buildings in Europe.

Starting November 2022, Agnieszka Ciupak joined GTC Poland as Executive Director. In her newly-created role, she will be responsible for all operations of the office sector, including leasing, fit-out, asset management, facility management, as well as marketing and company-wide HR.

Savills forecasts that rising energy prices will be a major challenge for commercial property landlords, managers and tenants in 2023. In response to market expectations, Savills has launched an interdepartmental service line dedicated to improving energy performance and helping identify ways to reduce annual energy consumption in buildings by up to 14%.

The Environment component in ESG is attracting the largest share of investments made by property players, as sustainable buildings have a better position in the market, concluded speakers in the ESG panel at SEE Property Forum 2022, held in Bucharest.

The Warsaw office market registered a minor uptick in the vacancy rate and a constrained development pipeline during the third quarter of 2022, reveals real estate advisory firm Newmark Polska in its latest report.

ESG is rewriting the rules of office leasing with the attitude of landlords, tenants and service providers gradually changing. During a panel discussion recently organised by CEE-based flex space provider New Work at Science Park in Budapest, market experts discussed the topic in detail.

Having accurate data about a building is essential for any transaction and during the entire lifetime of the asset, with proptech solutions gaining ground in the industry, concluded speakers during the data and technology panel of CEE Property Forum 2022 in Vienna.

Managing retail assets was never an easy job. As the energy crisis is no longer a future problem and the recession seems inevitable, firms involved face huge challenges and have to rethink their strategy and short-term steps to survive. Property Forum asked Miklós Gyertyánfy, Chief Operating Officer at Hungary-based landlord Gránit Pólus Management Zrt. about their way to tackle those challenges.

Members of the panel on ESG investments at CEE Property Forum 2022 in Vienna agreed that environmental issues are addressed much better than the social and governance parts of ESG. Panellists emphasised that leading organizations in the CRE industry should give clear guidance for improving 'S' and 'G' performance at all levels.