ARTICLES LABELLED WITH TAG renewable energy

The South Tower of City Gate in Bucharest, developed and managed by GTC, has been awarded the LEED Gold v5 certificate. This is the latest version of the world's green building standard, outlining steps towards near-zero carbon emissions, prioritizing people, and supporting building resilience. City Gate is the first property in Romania and only the fourth existing building in Europe to achieve this recognition, following projects in Italy, Spain, and Sweden.

By 2025, more than a third of the energy consumed by properties managed by Granit Asset Management will be sourced from renewable energy. The cooperation between Grandum Property Management and Parkl has resulted in the implementation of energy efficiency solutions alongside a smart parking and mobility system for tenants at the Alkotás Point office building.

The Czech investment fund Watt & Build, part of the Axelor group, is entering a new segment in the renewable energy sector. In addition to developing photovoltaic and wind power plants in Spain, the Czech Republic, and other European countries, it is also including the construction of large battery storage facilities in its portfolio.

NEPI Rockcastle, the largest owner of shopping centers in Romania, aims to cover its electricity consumption exclusively from renewable sources by the end of 2026.

Romanian developer Genesis Property says it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.

Renewable Energy Investments is a proposal from Colliers for investors looking to diversify their property portfolio by expanding into renewable energy projects. The service includes comprehensive transactional advice, investment support for photovoltaic and wind farms and energy storage.

Renewable energy companies announcing new large-scale projects in the north of Poland will need large spaces for storing components of solar and wind farms. Such tenants report sector-specific requirements, which may incentivise developers to build differently, says Michał Rafałowicz, Regional Director, Newmark Polska.

Romania saw new construction volumes expand by 64% in 2023 compared to the previous year, reaching also a record in gross value and growth rate from the past decade, according to the EBI Construction Activity Report.

CTP has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio.

Daniela Lazea, Partner at Biriș Goran, spoke to Property Forum about Romania's advantageous position as an investment destination in the real estate sector and the growing demand seen by the law firm from clients active in the renewable energy sector. Biriș Goran’s portfolio remains consistent on residential, office and logistics projects.