Real estate

Alina Oprea   |   15 May, 2023 at 9:00 AM

Registration for the Photovoltaic Green House Program begins

Romanians who want photovoltaic panels can apply for the Casa Verde Photovoltaic Program, starting on May 19. The application submission period for natural persons is May 19 - June 26. The total budget allocated to the program is RON2 billion (€400 million) and the subsidy is a maximum of RON20,000 (€4,000); on the other hand, the beneficiaries must contribute at least RON2,000 (€400).

Alina Oprea   |   2 May, 2023 at 3:29 PM

Babeş Bolyai University invests in increasing energy efficiency

The Babeş-Bolyai University in Cluj-Napoca has accessed a European project of €3.8 million to increase the energy efficiency of the buildings of the chemical research institute. The implementation period of a project is two years.

Alina Oprea   |   20 April, 2023 at 5:02 PM

Kaufland becomes the first Zero Waste certified company in Romania

Kaufland becomes the first Zero Waste certified company in Romania. At least 90% of all operational waste has been prevented, reused, recycled, composted, or fermented. The goal is to limit the amount of waste, make waste reuse more efficient, and evaluate the performance of the waste and recyclable materials management system.

Alina Oprea   |   11 April, 2023 at 1:45 PM

NEPI Rockcastle receives new green financing of €200 million

NEPI Rockcastle receives a new green financing of €200 million, for Mega Mall and Promenada Sibiu. The loan proceeds will be used to repay the revolving credit facilities used for the acquisitions of Forum Gdansk and Copernicus Shopping Centre, which were completed in December 2022. Subsequently, the Group's total revolving credit facility capacity will be restored to €620 million.

Alina Oprea   |   6 April, 2023 at 3:30 PM

Doraly Expo Market invests €2.1 million in energy efficiency solutions

The Doraly Expo Market commercial park is investing €2.1 million in energy efficiency solutions, by installing photovoltaic power plants, and charging stations for electric cars and replacing all lighting fixtures with LEDs. The photovoltaic panels will produce approximately 2,700 MWh of green energy annually, representing approximately 50% of the energy consumed.

Alina Oprea   |   5 April, 2023 at 11:29 AM

Globalworth wants to reduce its GHG emissions intensity by 40% by 2030

Globalworth analyzed its performance over 3 years and set its environmental target of reducing its GHG emissions intensity by 40% by 2030 compared to its baseline 2019 levels. About 90% of the group's commercial properties are green-certified and about 98% of the energy used in the portfolio came from renewable sources at the end of 2022.

Alina Oprea   |   3 April, 2023 at 4:53 PM

Buildings produce more than 36% of carbon emissions

Building owners in Romania are much more interested in ESG standards and also have higher expectations when it comes to sustainability than their counterparts in other countries, according to a survey by CBRE.

Green Forum   |   29 March, 2023 at 4:35 PM

Echo-Archicom Group introduces its ESG strategy

The Echo-Archicom 2030 strategy is to follow a road map that lays out year by year how both companies are to decarbonize through zero-emission developments while further increasing the role of greenery in the group's projects and supporting appropriate city development.

Alina Oprea   |   21 March, 2023 at 2:17 PM

CPI Romania collects 10 tons of recycled paper

The tenants of IRIDE Park collected 10 tons of recycled paper and planted 30 trees within the park, as part of a campaign organized by CPI Romania. The company mentions that the ESG principles govern its entire activity, and this campaign is on the list of social responsibility projects of the company.

Alina Oprea   |   21 March, 2023 at 8:45 AM

Real estate owners and developers' interest in sustainability increases

Green building certifications have become a must for landlords seeking competitive differentiators in today's challenging real estate market. Retail is the “greenest” sector, followed by industrial & logistics, and office, according to a Colliers report. In the coming years, landlords who fail to align with stakeholders' sustainability - demands will be affected, say the consultants.

Alina Oprea   |   20 March, 2023 at 2:32 PM

Bucharest office building to add 260 photovoltaic panels

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.

Alina Oprea   |   15 March, 2023 at 12:54 PM

MEPs back plans for a climate neutral building sector by 2050

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.

Alina Oprea   |   15 March, 2023 at 9:43 AM

Renovation of old buildings would bring Romania savings of €6.3 billion

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.

Ovidiu Nicolae   |   27 February, 2023 at 12:44 PM

ESG has become very important to capital market investors

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.

Alina Oprea   |   27 February, 2023 at 12:02 PM

CTP to add PV power station in Bucharest project

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.

Green Forum   |   23 February, 2023 at 1:42 PM

GTC Hungary switches to 100% clean energy

In a comprehensive modernization effort, real estate developer GTC switches to 100% green energy; reducing its domestic energy consumption by 20%.

Michał Poręcki   |   20 February, 2023 at 7:46 PM

The current crisis will force developers to look for new solutions

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.

Alina Oprea   |   17 February, 2023 at 5:10 PM

ELI Park Oradea to be equipped with photovoltaic panels

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.

Alina Oprea   |   16 February, 2023 at 1:02 PM

Genesis Property announces zero carbon buildings by 2030

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.

Green Forum   |   7 February, 2023 at 1:32 PM

Speedwell to install PV panels on offices in Romania

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.

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