The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report.
InteRo Property Development, owned by the Canadian Topolinski investors family, has kicked off the construction of a new mixed-use project in Bucharest with a valuation of €1 billion.
The office leasing volume closed in H1 2024 grew by 0.2% compared to the same period of last year, with Bucharest seeing the biggest activity, followed by Cluj-Napoca and Timișoara, according to a report by Fortim Trusted Advisors.
The community facility CTP Clubhaus in Romania has been classified as the most sustainable non-residential building in the world.
One United Properties for 2023 showcases significant progress across environmental, social, and governance fronts.
Real estate developer Speedwell launches its 2023 Sustainability Report.
Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes.
Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
The Commission will scrutinize whether certain economic entities gained an unfair advantage in securing public contracts within the EU.
Environmental, social, and governance (ESG) principles are no longer mere trends or buzzwords; they are rapidly becoming the norm in the Romanian real estate market, according to a Colliers report.
VDPResearch and Drees & Sommer introduced a set of criteria that real estate properties need to fulfill to be considered part of the top 15% EU Taxonomy.
EBRD backed energy efficiency initiatives in residential areas of Vilnius, Lithuania, by investing in Šiaulių Bank's energy efficiency fund.
As global decarbonization influences ESG priorities, sustainable development strategies undergo significant shifts worldwide in 2024.
EBRD is providing a €7 million loan to UniCredit Bank dd Mostar in Bosnia and Herzegovina through the multi-donor Green Economy Financing Facility (GEFF) for the Western Balkans.
All new buildings should be zero-emission as of 2030; new buildings occupied or owned by public authorities should be zero-emission as of 2028.
Three organizations have announced an international alliance to unlock the sustainable finance needed for the built environment to play its role in meeting global climate goals.
UBM Development Czechia announced a significant milestone in sustainable construction in the Czech Republic, allowing the construction of wooden buildings up to 22.5 meters.
Skanska introduced its ESG+ office package, responding to evolving market dynamics and EU regulations.
The Galați County Council has approved a thermal rehabilitation and energy modernization project of the facilities related to the Galati County Hospital.
Sustainability in office design should be considered as an integral and systemic approach, rather than a series of isolated actions, says Horatiu Didea, Managing Partner of Workspace Studio.
Simtel, a Romanian engineering and technology company, has announced the completion of the construction of a photovoltaic power plant for Kindergarten Nr. 2 from the city of Petroșani.
A new report has explored how ESG is helping real estate investors maximize their returns.
The real estate developer Impact Developer & Contractor has completed a photovoltaic park consisting of 1,297 panels and with a total capacity of 700 kWp in the Greenfield Băneasa neighborhood of the Capital.
Ecological problems in construction represent major concerns for more than 60% of Romanians.
Romania and Turkey have signed their first bilateral memorandum of cooperation in the energy sector, marking a significant step toward enhanced collaboration in both traditional and renewable energy fields.
Turkish energy company Yeşilyurt Enerji has acquired a 41 MW solar project in Dâmbovița County, Romania.
Iberdrola has launched a €750 million green bond aligned with the new European Union Green Bond Standard (EU GBS) as well as the Green Bond Principles of the International Capital Market Association.
The “Da Vinci New Project” solar park in Nanov, Teleorman County, has been completed with funding from Romania's National Recovery and Resilience Plan.
Polenergia, the largest private energy group in Poland, has begun the technological commissioning of its Szprotawa photovoltaic farm—its most ambitious solar project to date.
