The Dageco Expoziției Estate office building has obtained funding for the installation of 260 photovoltaic panels on the roof. The investment amounts to RON 500,000 (€100.000), without VAT, and the financing is provided by the Electric-Up program.
MEPs back plans for a climate-neutral building sector by 2050. Buildings account for 36% of greenhouse-gas emissions. New buildings to be zero-emission from 2028. Member states will establish the measures needed to achieve these targets in their national renovation plans.
Romania could save over €6 billion by 2050, by renovating old buildings. Also, reducing exposure to dampness and mold and addressing the lack of natural light in residential buildings generates welfare benefits estimated to be equivalent to around €100 billion per year in EU countries.
Real estate developer Iulius has entered into a partnership with IFC, a member of the World Bank Group, to develop a strategy to decarbonize the company's entire portfolio and reach the target of net-zero emissions.
Zuzanna Kurek, Investor Relations Manager and ESG Committee Member of One United Properties, spoke to Green Forum Forum about the ESG agenda of the Romanian developer and its role in growing the value of the company.
Industrial developer CTP Romania will install a photovoltaic power station with a capacity of 1.5 MW in its CTPark Bucharest project as part of its investments in green energy.
The Portuguese real estate investment company Sonae Sierra has set out to achieve carbon neutrality by 2040 and announces that it will expand ESG criteria in shopping center contracts.
Alicja Kuczera, CEO of the Polish Green Building Council (PLGBC) talked to Green Forum about the impact of the energy crisis on the local property market, the development of a circular economy and environmental awareness in Poland.
ELI Parks, a network of class A logistics and industrial parks, is expanding with a new logistics project in Oradea, which will include two buildings, with a total area of 30,000 square meters. The project will be equipped with photovoltaic panels, having an installed power of 3MW/h.
Genesis Property, a company that owns, develops and operates of class A office buildings in Romania, announces that is committed to achieving zero carbon emissions for the buildings in its portfolio by 2030.
Property developer Speedwell says it will be installing photovoltaic panels on two of its office projects in Bucharest and Cluj-Napoca in a bid to make its building more sustainable.
The Hungarian property company is bolstering its sustainability efforts by entering an agreement with the fast-growing Norwegian Proptech company Varig Technologies.
New technical regulations regarding the methodology for calculating the energy performance of buildings will be enforced in Romania starting February. The new rules will help the local construction market will take an important step forward by aligning with European standards and trends in terms of sustainability
The concentration of population in rural areas, lower construction standards and less service-driven economy contribute to the divergence between the CEE region and Western European states when it comes to energy consumption structure, reveals Colliers in its recent report.
In the past 12 months, there were 154 buildings in Romania that received green certifications under the BREEAM or LEED standards, accounting for one-third of all buildings that were certified in the past 14 years, according to data from green building consultancy ADP.
Property group NEPI Rockcastle, the largest owner of shopping centres in Romania, has secured a green loan totalling €60 million for Ploiești Shopping City from a syndicate of banks.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.