The European Bank for Reconstruction and Development (EBRD) extended an €80 million portfolio risk-sharing guarantee to BNP Paribas Bank Polska (BNPPBP), to help increase access to green finance in Poland.
The GBCI Europe Circle conference was established to provide the LEED community in Europe with a space for professional and social exchange. The next edition is scheduled to take place in Prague from May 14-16 and Property Forum is proud to be joining the event as Media Partner. More about the event's significance and program has been shared by Kay Killman, Managing Director of GBCI Europe, Vessela Valtcheva-McGee, Director Market Development EE and Simona Kalvoda, Executive Director of the Czech Green Building Council (CZGBC).
Metropolitan Warszawa continues to set standards by reducing energy costs by approximately €482,400 and emissions by 11,200 tons over the next three years.
Bucharest remains one of the largest and most developed office markets in Central and Eastern Europe (CEE).
EBRD will support the development of high-quality, energy-efficient residential housing in Poland through a €100 million loan to the Polish subsidiaries of Vantage Development.
IMMOFINANZ signed a new five-year, €180 million green loan with Helaba, pbb Deutsche Pfandbriefbank and Berlin Hyp, secured by myhive Warsaw Spire,
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.
The European Commission has welcomed the provisional agreement reached today between the European Parliament and the Council to reduce the emissions and energy use of buildings across the EU.
Schneider Electric, together with Boston University, announced a first-of-its-kind study that finds that more than 2 million new jobs and up to 141 million additional job years can be created in Europe and the United States by adopting clean energy technologies in new and retrofitted buildings.
BCR gas entered the international market with the first issue of green Eurobonds, worth €700 million. The funds will be directed toward renewable energy projects, green mortgages, and green buildings.
Investors prefer sustainability to be measured in the case of commercial buildings too. Therefore new detailed rules will be elaborated and a so-called green passport for properties will be introduced, international law firm Baker McKenzie and CBRE reported after a special roundtable discussion in Budapest.
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).
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.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
