ARTICLES LABELLED WITH TAG green

News ESG: To future proof an asset, you have to take action today
21
Feb
2022

ESG: To future proof an asset, you have to take action today

by Ákos Budai
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.
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News Corwin’s office project in Ljubljana gets certified
04
Feb
2022

Corwin’s office project in Ljubljana gets certified

by Property Forum
Slovak real estate developer Corwin announced that their Vilharia office project in Ljubljana has been awarded the LEED Platinum pre-certification. This means that the project fulfils the strictest energy efficiency, economy and user wellbeing criteria.
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News S Immo to install solar panels on top of office building in Budapest
01
Feb
2022

S Immo to install solar panels on top of office building in Budapest

by Property Forum
S Immo Hungary decided to install more than 400 solar panels on top of the Blue Cube office building. The solar panels will cover 20-25% of the total energy consumption of the office building
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News P3 makes bond market debut with €1 billion green bond issue
20
Jan
2022

P3 makes bond market debut with €1 billion green bond issue

by Property Forum
P3 Group announced the issuance of its inaugural senior unsecured RegS dual-tranche green bonds across 4- and 7-year tenors, in an aggregate principal amount of €1 billion. The bonds, which will be traded on the Euro MTF Market and listed on the official list of the Luxembourg Stock Exchange, will bear a fixed coupon of 0.875% for the 4-year tenor, and 1.625% for the 7-year tenor, and are expected to be rated BBB by S&P, in line with the corporate rating.
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News CTP builds solar power plants in Hungary
13
Jan
2022

CTP builds solar power plants in Hungary

by Property Forum
CTP has started the construction of solar power plants across its entire portfolio, with the first phase of 6 buildings to be installed in Biatorbágy and Üllő, both located in the outskirts of Budapest.  The plants, each with a capacity of 500 kW, are scheduled to start operations in the first quarter of 2022, aiming to meet tenants' green energy needs while reducing energy costs. The project will be carried out by local contractors and will be developed by CTP as its own investment, entirely from its own resources.
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News CA Immo signs €300 million sustainability-linked revolving credit facility
13
Jan
2022

CA Immo signs €300 million sustainability-linked revolving credit facility

by Property Forum
After issuing a green bond in 2020, CA Immo signed its second sustainability-linked financing instrument at the end of 2021: a €300 million 3-year revolving credit facility (RCF) with two one-year extension options, whose margin is amongst others tied to the company's sustainability performance.
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News Immofinanz wants to reach emission-free status by 2040
17
Dec
2021

Immofinanz wants to reach emission-free status by 2040

by Property Forum
Immofinanz announced its new Net Zero Emission Strategy. Plans call for a reduction of 60% (below the 2019 level) in all greenhouse gas emissions by 2030 – and by 2040, the company intends to be emission-free along the entire value chain.
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News BIG Shopping Centers to launch €109 million wind turbine project in Romania
07
Dec
2021

BIG Shopping Centers to launch €109 million wind turbine project in Romania

by Property Forum
BIG Shopping Centers, Israel’s leading shopping center development group, announced the sealing of the first deal for the group’s energy branch. BIG Energia Holdings Kft., BIG Group’s wholly owned subsidiary, engaged in the agreement to acquire all the shares of a Romanian company which holds the rights for the wind turbines erection project in the Braila district of Romania. The project is planned to incorporate seventeen turbines, each of 6-Megawatt capacity, estimated to produce 102 MW in total.
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News TriGranit’s Budapest office development gets certified
11
Nov
2021

TriGranit’s Budapest office development gets certified

by Property Forum
Millennium Gardens, developed by TriGranit in Budapest, is over the design stage of the two-stage BREEAM certification, which puts the office building in the Excellent category.
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News Green buildings dominate office lease deals in Bucharest
04
Nov
2021

Green buildings dominate office lease deals in Bucharest

by Property Forum
Since the start of 2021, around 189,000 sqm of offices were leased on the Bucharest market, of which 70% were for spaces in buildings with green certifications, according to real estate consultancy CBRE Romania. 
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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