ARTICLES LABELLED WITH TAG green

News - Three Budapest offices buildings owned by Wing get certified
06
Oct
2021

Three Budapest offices buildings owned by Wing get certified

by Property Forum
Infopark buildings B, C and I, all owned by Wing, received a BREEAM-In-Use Very Good sustainability certification. The certification was earned with energy and water-efficient management and operation, selective waste collection, and the features of the buildings that contribute to the well-being and health of those using them. Located at the Buda end of the Rákóczi bridge, Infopark is majority-owned by Wing – the company owns buildings B, C, D and I, with a total area of 100,000 sqm.
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News - The market of green financing instruments is growing
20
Jul
2021

The market of green financing instruments is growing

by Property Forum
Since 2007, when the European Investment Bank (EIB) issued the world's first Climate Action Bond (CAB), green bonds have evolved from a marketing tool into one of the fastest-growing investment vehicles. This trend is also visible in the real estate market and is expected only to strengthen, according to Colliers.
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News - CA Immo converts building operations to green electricity and gas
20
Jul
2021

CA Immo converts building operations to green electricity and gas

by Property Forum
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.
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News - Iulius puts €35 million in Palas Campus Iași infrastructure
04
Jun
2021

Iulius puts €35 million in Palas Campus Iași infrastructure

by Property Forum
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.
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News - Sustainalytics puts CTP in “low-risk“ category
28
May
2021

Sustainalytics puts CTP in “low-risk“ category

by Property Forum
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.
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News - Aldi to install solar panels on store rooftops in Hungary
27
Apr
2021

Aldi to install solar panels on store rooftops in Hungary

by Property Forum
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.
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News - Iulius gets €72 million loan for green office investment
20
Apr
2021

Iulius gets €72 million loan for green office investment

by Property Forum
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. 
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News - Romania seeks €2.2 billion for building renovations
13
Apr
2021

Romania seeks €2.2 billion for building renovations

by Property Forum
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. 
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News - CPIPG to reduce GHG emissions intensity by 30% by 2030
29
Mar
2021

CPIPG to reduce GHG emissions intensity by 30% by 2030

by Property Forum
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.
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News - VGP commits to be carbon neutral by 2025
15
Mar
2021

VGP commits to be carbon neutral by 2025

by Property Forum
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.
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Latest news


New leases

  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
  • Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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