Real estate | 12 February, 2025 at 9:22 AM
Nhood Romania records 10% turnover growth in 2024
Nhood Romania has recorded a turnover of more than €10 million in 2024, representing a 10% increase compared to the previous year.
Nhood Romania has recorded a turnover of more than €10 million in 2024, representing a 10% increase compared to the previous year.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
Top lenders discussed their strategies for integrating ESG considerations into financing decisions at the first CEE ESG Forum 2024, organised by Property Forum and Green Forum in Vienna last November.
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report.
Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.
Romanian construction group Bog'Art has published its first sustainability report that outlines the company's results and objectives under the ESG development framework.
Monia Dobrescu, Partner at Mușat & Asociații, spoke to Property Forum about the growing role of ESG criteria in bank financing of real estate projects and the prospects for investment in the local market in 2024.
UniCredit Bank has been declared by the British magazine as the Best Bank in Romania for Companies and ESG.
The future of ESG (Environmental, Social, and Governance) in Romania appears promising.
The total added value generated by the Group and its collaborating franchisees reached €2.1 billion in 2023, marking a 30% increase from 2022.
Over 500 companies from across the country are expected to attend the ESG Journey event series from May to November 2024, organized by Social Innovation Solutions in partnership with UniCredit Bank Romania.
Skanska introduced its ESG+ office package, responding to evolving market dynamics and EU regulations.
Six sectors were responsible for carbon dioxide emissions resulting from energy consumption, namely agriculture and fisheries, buildings, electricity, industry, and transportation.
Reducing carbon emissions and increasing the share of renewable energy and the development are the objectives of Roca's sustainability strategy for 2024.
E.ON Energie Romania completed and handed over 161 photovoltaic power plants for 142 partner companies in 2023.
Rezolv Energy announced the signing of the connection contract for the future 600 MW Danube East and West wind farm in Constanta.
The photovoltaic power plant has a generating capacity of 3.8 MWp.
Romania signed a €610 million contract with Polish rolling stock manufacturer PESA to purchase 62 new regional electric trains.
Cris-Tim Group is taking the first step towards the transition to electromobility.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
