Real estate |
12 August, 2026 at 10:21 AM
Romania's ongoing energy crisis, marked by record-low Danube water levels and declining nuclear output, has prompted sustainability consultancy BuildGreen to argue that decarbonisation should be treated as a cost management and risk reduction tool rather than purely an ESG obligation. According to ANRE data, hydropower and nuclear energy together accounted for nearly half of Romania's electricity generation in March 2026, yet nuclear production fell by 12.3% in the first five months of 2026 compared with the same period in 2025. This pressure arose despite electricity consumption being 3.4% lower than during the corresponding period in 2025.
Real estate |
11 August, 2026 at 11:56 AM
7R Group has published its 2025 Sustainability Report, prepared in accordance with the Corporate Sustainability Reporting Directive (CSRD), the simplified European Sustainability Reporting Standards (ESRS) and the EU Taxonomy. The report is the company's third, published voluntarily despite the absence of a formal reporting obligation in 2025. 7R is a commercial real estate developer active in Poland, the Czech Republic and Germany, with a delivered portfolio exceeding 2 million sqm and a further 3.9 million sqm at various stages of preparation.
Real estate |
29 July, 2026 at 2:41 PM
GTC Group has published its 2025 ESG Report, covering sustainability performance across seven Central and Eastern European markets. The report, prepared in accordance with GRI standards, spans a commercial portfolio of 38 office buildings and 6 shopping centres in Poland, Hungary, Serbia, Romania, Bulgaria and Croatia, alongside a residential portfolio. The company reports that 99% of its commercial buildings are now certified under LEED, BREEAM or DGNB standards, or are undergoing recertification.
Real estate |
27 July, 2026 at 1:37 PM
Gránit Pólus Group has closed a €290 million green loan refinancing of the Westend building complex in Budapest, described as the largest real-estate refinancing transaction in Hungary in the past five years and a record for a single property. The financing is provided by a bank consortium led by Erste Bank Hungary and Erste Group Bank AG, and comprising UniCredit Bank and K&H Bank.
Real estate |
27 July, 2026 at 12:36 PM
Water scarcity is no longer limited to historically dry regions of Southern Europe. According to the European Drought Observatory, drought conditions intensified across France, Germany, Austria, Hungary, Romania and the United Kingdom in June 2026. Low water levels in German rivers are affecting shipping and industry, while England's 2025 drought led to water restrictions for millions of people and historically low reservoir levels.
Real estate |
16 June, 2026 at 2:00 PM
Passerinvest Group, in partnership with the GEMO group, has advanced construction on the Sequoia development in Prague, with final completion scheduled for H1 2028. Gemo is also serving as the general contractor for the project.
Real estate |
2 June, 2026 at 1:35 PM
Colliers has released its 2025 Global Sustainability Report, showing progress against its sustainability commitments including reduced emissions intensity, enhanced workplace experience, strengthened governance and ethics, and responsible adoption of artificial intelligence.
Real estate |
27 April, 2026 at 8:26 AM
In a video interview recorded at Bratislava Property Forum 2026, Hubert Abt FRICS, CEO of workcloud24, explains why energy performance is emerging as the most important operational metric, how investors are approaching sustainability and what it takes to create real value through data-driven asset management.
Finance |
24 April, 2026 at 11:04 AM
ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.
Real estate |
14 April, 2026 at 8:46 AM
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.
Energy |
19 February, 2026 at 10:24 AM
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.
Real estate |
5 February, 2026 at 11:47 PM
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.
Real estate |
22 December, 2025 at 9:11 AM
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.
Industry |
11 December, 2025 at 11:36 AM
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.
Regulation |
10 December, 2025 at 1:23 PM
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).
Real estate |
20 November, 2025 at 5:01 PM
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.
Real estate |
4 November, 2025 at 3:46 PM
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.
Business |
20 October, 2025 at 6:38 PM
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.
Real estate |
15 October, 2025 at 12:54 PM
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.
Real estate |
10 September, 2025 at 5:47 PM
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.
