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.
CA Immo analyzes the exit from Romania by selling the portfolio of offices valued at 389 million euros. The Austrians from CA Immo have seven office projects in Bucharest, the most expensive of which is Riverplace near the Ciurel Bridge, valued at 107 million euros.
PPF Real Estate, developer and investor with real estate assets exceeding two point five billion euros globally, reaffirms its long term commitment to the Romanian market and invests over almost 1 million EUR in Metropolis Center, for the redesign of the ground floor and ongoing works for the plaza located just outside the building.
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.
One United Properties announces that Astellas Pharma will be among the companies relocating their offices at One Tower. The pharma company signed the lease for an office space and its consultant for renting the space was JLL Romania.
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.
One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use and office real estate in Romania, announces the conclusion of an agreement to buy a majority stake in Bucur Obor S.A., a company listed on the AeRO market of the Bucharest Stock Exchange under symbol BUCU.
Nearly three-quarters (73%) of companies are concerned about the way labor and skills shortage will influence their business strategy within the next 12 months, slightly higher than the share of those which are concerned about the pandemic evolution, such as future COVID-19 variants (70%), according to the latest CEO survey conducted by Deloitte and Fortune magazine.
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