Law firm CMS advised Prologis in Poland on its entry into a power purchase agreement (PPA) with Engie. This agreement combines the long-term purchase of electric energy from renewable energy sources with flexible market mechanisms, setting a new benchmark for the commercial property market in Poland.
Garbe has started construction of a new 55,000 sqm hall at Garbe Park Klášterec nad Ohří II, with global consumer goods company Reckitt becoming the anchor tenant. The British multinational has leased 35,000 sqm of industrial space under a ten-year agreement and will move in during the Q2 2026.
Crestpoint Project Partners has launched a new project management and advisory platform to support developers, investors and construction companies across the real estate sector.
The European real estate industry has shifted from cautious optimism to pragmatism as geopolitical and economic uncertainty continues to temper investment activity, according to the latest report by PwC and the Urban Land Institute.
96% of European logistics tenants are planning to expand their capacity in the next 12 months, to a greater or equal extent than in the past year, according to the latest CBRE survey.
George Gardin, Country Manager for Romania at Yellow Tree Group, spoke with Property Forum about the group's first pilot development in Romania, Aria Shopping Center, and the investment vision for the local market going forward, with a focus on diversification into hospitality and in-city logistics.
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).
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.
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.
