One of Romania’s leading real estate developers, Genesis Property, presents a new benchmark for the real estate market by implementing the largest renewable energy project in an office park in Romania. The project consisted in the installation of more than 1,000 photovoltaic panels on an area of more than 4,000 sqm, in prosumer mode, on the office buildings’ roofs in YUNITY Park (Novo Park) in the north of Bucharest, following an investment of 1 million euro.
River Development, the developer of the Sema Parc and The Light projects, through its property & facility management company Sema Parc, announces the implementation of a photovoltaic power plant for the generation of green - renewable and clean energy in Sema Parc. With a total investment of more than €1 million, the project is due for completion in May 2023 and will initially provide part of the electricity supply to the Paris, Berlin and Bruxelles buildings in Sema Parc.
AFI Europe announces a series of plans aimed at achieving ambitious sustainability targets for all its projects, a significant reduction of carbon emissions, the well-being and safety of their occupants, as well as transforming real estate projects into smart buildings with a high degree of access to technology.
Ţiriac Tower, the office project developed by Ţiriac Imobiliare in Victoriei Square in Bucharest, is constantly expanding. So far, 9 companies with a total of 833 employees work in the building in the center of the Capital, at the highest COVID-19 prevention standards implemented among office buildings in Romania, also confirmed by the international certification Health Health - Safety.
Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office market, obtained BREEAM Outstanding accreditation for Globalworth Square, with 99% scoring, placing the building on the 3rd place worldwide.
Euro Tower office building becomes the first Net Zero Carbon development in Romania, after being also the first green certified building in the country, a decade earlier, in 2009. The project reached the level of carbon neutrality in 2019, as well as in 2020, according to a study realized by BuildGreen for the assessment of the building’s degree of CO2 emissions during that period. Cascade Group, the building’s developer, has embarked on a comprehensive process of long-term neutralization of all CO2 emissions and estimates that carbon neutrality for Euro Tower will be achieved in 2021 as well.
One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use and office real estate in Romania, joins United Nations Global Compact, the largest corporate sustainability initiative in the world. The decision to join UN Global Compact is part of a larger sustainability strategy that One United Properties will roll out in the coming months.
GTC, one of the leading real estate companies in Central and Eastern Europe, announced that, starting 2021, all its Romanian portfolio uses renewable energy sources. The green energy that powers the office projects owned by the company locally is certified by guarantees of origin. This is part of the company’s commitment to ensuring accessible and clean energy in all its properties across Europe. Another stage of GTC’s strategy to protect the environment focuses on improving its assets by achieving the highest certification degrees on the market.
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