Ikea plans to open a new furniture store in central Vienna, next to the Westbahnhof railway station with no parking place for cars. The construction works started in January 2020 and will be finished by next year.

CTP recently announced Arcadis, ADP and CEVRE as winners of the tender for certifying CTP’s entire portfolio of buildings. Winners were chosen based on track record, capability, ESG activity and cost. Key to the winning the tender was sufficient resources available to certify all 293 buildings in six countries within the timeframe. CTP plans to have all 293 buildings certified by the end of June 2020. The certification process will require close cooperation and transparency among the various parties and each party has dedicated teams to complete the task by the agreed deadline. In total, CTP expects to invest up to €1.2 million into the certification process.

In an industry first, CTP Invest and BRE will collaborate to implement BREEAM In-Use International across the entire CTP Invest portfolio of industrial buildings, throughout 2019 and 2020, in a landmark strategic alliance.

According to the RICS Global Commercial Property Monitor (GCPM), 38% of respondents reported that climate risks are not important or irrelevant for investors. In addition, according to the Global Construction Survey (GCM), over a third, (36%) of respondents believe that though compared to two years ago, investor focus has shifted towards building designs that are energy efficient and carbon neutral, it is only limited to a few niche investors.

If an architect plans a building now, that building will stand for at least 50 years. Architects have to keep this in mind, and take into account climate change scenarios as well as research and think with the mindset of the next generation. Gergely Paulinyi and András Reith, Founding Partners of Budapest-based architecture firm Paulinyi-Reith & Partners talked to Property Forum about branding, future goals and sustainability.