ARTICLES LABELLED WITH TAG ESG

CTP has committed €10 million to the UN refugee agency UNHCR to provide humanitarian support for more than one million people, mainly women and children, who have fled the war in Ukraine into neighbouring countries.

There is scepticism in the market regarding the correlation between sustainability and financial performance but it is beneficial to be sustainable if you consider the overall life-cycle of the building, explains Oana Stamatin, ESG Chief Officer | CEE & Romania at Colliers. She talked to Property Forum about the challenges and opportunities owners of real estate face in striving for ESG compliance. 

S IMMO has recently made major commitments towards building a fully ESG-compliant office portfolio in Budapest with a large acquisition and an ambitious green energy initiative. Géza Barabas, Country Manager of S IMMO Hungary talked to Property Forum about upcoming investment plans and the company’s ESG strategy for the Hungarian market.

There is a belief that ESG costs money but in fact, the opposite can be true, says Stefan de Goeij, Head of Property Management at Avison Young in the Czech Republic. He talked to Property Forum about compliance, commitment and tackling all the components of ESG in the real estate industry.

Heimstaden continues to invest in its portfolio in the Czech Republic. This year it will spend almost two and a half billion crowns on thermal insulation, new projects and repairs, the company announced.

In the past twelve months, retail properties have tried to make up for the challenges faced in the first year of the pandemic. Summarizing 2021 for the modern retail space sector, experts from BNP Paribas Real Estate Poland pointed to several key phenomena regarding the sector, including: a quick return of shoppers to retail facilities, retail parks standing becoming stronger, e-commerce continuing the way of the stable growth, as well as the increasingly important role of sustainable development and ESG policy.

Cushman & Wakefield expands its sustainability and ESG services. In the Central and Eastern European region, Tereza Jelínková will lead the coordination of Cushman & Wakefield’s sustainability teams.

Real estate consultancy Colliers has appointed Oana Stamatin as ESG (Environmental, Social and Governance) Chief Officer in Central and Eastern Europe (CEE). 

Despite the pandemic triumph of e-commerce, customers are not giving up on shopping in brick-and-mortar shops. Brands wanting to benefit from the synergy of these channels implement innovative formats and compete for customers' attention with technology and environmentally friendly products. However, retail parks and convenience centres continue to enjoy popularity among investors and developers, says JLL.

An increasing number of value-add investment opportunities will emerge in 2022, said Savills, as decarbonising buildings and ESG-requirements create redevelopment opportunities across Europe.