PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million. 

The office project Polona 68 Business Center has been awarded the LEED Gold certification by the US Green Building Council (USGBC). 

Dennis Selinas, CEO of Globalworth Group, talked to Property Forum about the demand trends for offices in Bucharest and the 'flight to quality' towards ESG-ready office buildings in the market.

The GBCI Europe Circle conference was established to provide the LEED community in Europe with a space for professional and social exchange. The next edition is scheduled to take place in Prague from May 14-16 and Property Forum is proud to be joining the event as Media Partner. More about the event’s significance and program has been shared by Kay Killman, Managing Director of GBCI Europe, Vessela Valtcheva-McGee, Director Market Development EE and Simona Kalvoda, Executive Director of the Czech Green Building Council (CZGBC).

Skanska has started the development of the second office building of the H2Offices complex in Budapest.

Răzvan Nica, Managing Partner BuildGreen, talked to Property Forum about the building certification trends and the company’s development of the CarbonTool platform, which helps property players meet their decarbonisation objectives.

Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.

Adrian Pop, General Manager of ADP Green Building, spoke with Property Forum about the role of financial institutions in increasing the sustainability of real estate projects and the growing demand for certifications from international real estate investors.

Romanian developer One United Properties has announced the contracting of a €20 million increase in the financing obtained in 2021 for the development of One Cotroceni Park Office Phases 1 and Phase 2. The financing increase was backed by BCR and BRD and will be used to reimburse shareholder loans and cover other costs related to the credit facility increase transaction. 

Răzvan Nica, Managing Director, BuildGreen, spoke with Property Forum about the decarbonisation efforts of real estate companies and the growing appeal of green buildings for banks.