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.
Econergy Renewable Energy has announced that its subsidiary, Econergy UK, has secured €28 million in financing to support the development of the Iancu Jianu solar photovoltaic (PV) project in Romania.
PPC Energie has implemented an integrated solution for electricity production using photovoltaic panels and battery storage on a residential building in Bucharest's Sector 6.
The European Bank for Reconstruction and Development (EBRD) will invest €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company.
Monsson has completed the transfer of 100% ownership of a 50MW photovoltaic park in Chisinau-Cris, Arad County, to NEPI Rockcastle, which plans to begin construction in January 2025.
The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
Transformations in schools, the Botanical Garden, and the Circular Economy Center offer Bucharest residents direct opportunities for practical learning and active involvement in the community.
Auchan Romania has released its fourth annual Sustainability Report, a voluntary initiative designed to provide transparency into the company's activities and initiatives over the past year.
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.
