ARTICLES LABELLED WITH TAG green

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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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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Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.

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