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.
Office buildings Anděl 17, Panorama Business Center and Victoria Vyšehrad from Českomoravská Nemovitostní's managed portfolio have obtained Breeam International In-Use certification, confirming high levels of sustainability and energy efficiency.
GTC has finalised a three-year electricity purchase agreement under a Power Purchase Agreement (PPA) structure with green energy trader Ekovoltis. As a result, all GTC office buildings and shopping centres in Poland will be powered predominantly by electricity sourced directly from renewable energy providers.
European office costs continue to rise, but companies are not compromising on their demands for high-quality work environments, according to Colliers' Occupier Fit-Out Guide 2026 study.
As ESG expectations move from aspiration to obligation, real estate leaders are being forced to confront how sustainability directly affects asset value, financing and long-term resilience. Chaired by ESG Partner Tjidsger Wierda of Walvius Partners, the sustainability session at CEE Property Forum 2025 brought together a range of expertise and pragmatic perspectives on the evolving role of ESG (Environmental, Social, Governance) in commercial real estate.
Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.
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.
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).
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.
M Core has inaugurated M Park Orăștie, a retail park designed to strengthen the group's presence in regional markets and expand its national portfolio of convenience-led retail assets. Located on a 23,000 sqm land plot, the project delivers a built area of approximately 5,500 sqm.
Crestpoint Project Partners has launched a new project management and advisory platform to support developers, investors and construction companies across the real estate sector.
Older buildings usually consume more energy in operation than new construction. That is not only a cost issue. It also affects how an asset performs against market standards like BREEAM, EU Taxonomy, and CRREM, as well as regulations such as the Energy Performance of Buildings Directive and the rules for Building Automation and Control Systems (BACS). Many owners assume the only way to close the gap is a major refurbishment. Better insulation and new equipment certainly help, but they are expensive and disruptive. Investments in deep fabric and equipment upgrades can reach one to five percent of the asset value.
Property Forum recently spoke with a prominent player in the Romanian property market, who asked to remain anonymous, about the systemic challenges facing development in the capital, which risks seeing billions of euros in new investments lost due to prolonged administrative blockages.
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.
Florentin Avădanei, Founder & Co-CEO at Goldbach Group, talked to Property Forum about the company's strategy of focusing on small urban and rural areas, their consolidation in 2024, and the future of physical retail in Romania.
Globalworth has renewed its Access4you certification for all 16 office buildings in its Romanian portfolio, totaling almost 500,000 sqm. The recertification, conducted with consultancy services from Colliers, marks the second three-year certification cycle for the leading office investor in CEE.
Sorin Macoveiu, Commercial Manager at Vastint Romania, talked to Property Forum about the company's ongoing expansion of its Timpuri Noi Square complex in Bucharest and the trends shaping office demand going into 2026.
Nepi Rockcastle has inaugurated its first photovoltaic park in Chișineu-Criș, Arad County, Romania, marking a milestone in the shopping centre developer's sustainability efforts.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
Garbe has received a building permit for the second phase of its Garbe Park Brno South project. It is adding two modern buildings, bringing the park's total area to 111,000 sqm.
The European Bank for Reconstruction and Development is providing €35 million to GreenWay as part of a €113 million financing package to expand electric vehicle charging infrastructure across Central Europe.
The newly published Edition 2 2026 of the PV Module Manufacturer Ranking Report shows the first signs of stabilisation in the solar manufacturing sector's balance sheets after more than a year of steady deterioration. The table tracks the Altman Z-Score, a widely used measure of bankruptcy risk, for 64 publicly listed photovoltaic module manufacturers, and has now been refreshed with first-quarter 2026 data.
The Faculty of Hydrotechnics from the Technical University of Civil Engineering Bucharest and Waldevar Floating PV have signed a strategic partnership to accelerate innovation in renewable energy and prepare the next generation of specialists in floating photovoltaic technologies.
Join Lisa Chase and Tjidsger Wierda for a workshop on 28 May
Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.
