In order to sustainably minimize the CO2 emissions and energy consumption of its international property portfolio, CA Immo relies, among other things, on centralized energy management and green building operation.
Romanian real estate developer Iulius says it will invest around €35 million in the infrastructure and urban mobility features for its Palas Campus project in Iași. The mixed-use project will feature 54,000 sqm of office spaces targeting tech companies and 6,000 sqm of retail spaces.
CTP announced that in its first-ever ESG Risk rating, carried out by Sustainalytics Inc., the company achieved a low-risk score of 11.0. The ESG Risk score measures the degree to which the enterprise value of a company is exposed to material financial impacts from ESG (environmental, social and governance) factors. A score of 11.0 places CTP in the lower end of the “low-risk” category, which on the Sustainalytics scale ranges from 10–20.
Three years ago, Aldi installed its first solar power plant in its store in Sopron, followed by the unit in Budaörs. Experiences have shown that the company was able to generate two months' worth of electricity consumption this way, which motivated it to expand the initiative. Aldi will install solar panels on the rooftops of 16 stores nationwide. It expects each plant to cover at least two months' electricity supply in the given store.
International Finance Corporation (IFC), part of the Word Bank Group, is providing a €72 million loan to a subsidiary of Iulius Holding for the development of a new green office project in Iași, northeastern Romania.
Romania seeks backing from the European Union for the green rehabilitation and seismic consolidation of buildings. The country aims to receive €2.2 billion worth of EU funds as part of the recovery and resilience mechanism of the European Commission. The scheme deployed across Europe aims to kick start economic growth after the pandemic shock.
CPI Property Group plans to reduce greenhouse gas emissions by 30% by 2030 and commits to transition all electricity purchases by the Group to 100% renewable sources by 2024. The company announced changes to the Group’s environmental strategy and targets.
Logistics developer VGP is committed to further implementing comprehensive and sustainable measures along its sustainability strategy in the next years to achieve carbon neutrality by 2025. To this end, the company has now set itself new targets.
On 12 March, Belgian developer Atenor is launching an issue of 4-year and 6-year green bonds for a minimum amount of, respectively, €15 million and €50 million in the form of a public offer in Belgium open to retail investors and, to a certain extent, qualified investors.
CTP has purchased 460 hectares of forest in Eastern Czechia, raising the total forest the company owns to 560 hectares. The purchase is part of CTP’s strategy to own one sqm of forests for every one sqm of buildings it has, and with this ownership, to restore and protect the forests’ native biodiversity. This purchase brings CTP to the 89% benchmark of this goal.
The dental network of the LUX MED Group will open its centre in the Supersam in Katowice. The new facility will occupy nearly 500 sqm.
Canon and NDI Oddział Południe will occupy a total of several hundred square metres in the DL Tower office building in Katowice. The building is owned by DL Invest Group.
Genuine Parts Company signed a multi-year lease for office space in Kraków's Lubicz Park B building. The company’s new location, which will serve as the headquarters of GPC Global Technology Center, will occupy one-and-a-half floors (1,500 sqm in total). JLL Poland took part in lease negotiations and is overseeing the technical side of the GPC office construction process.
New appointments
CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.
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