Oregon Park, one of the largest and most sustainable office projects in Romania, owned by the Lion’s Head investment fund, achieved the Well Health & Safety certification, granted by The International WELL Building Institute (IWBI). The certification recognizes the implementation of measures that ensure a work environment with a positive impact over the health and well-being of employees.
SPEEDWELL, one of the most active real estate developers in Romania, publishes its 2022 Sustainability Report, the first official ESG reporting document of the company. The report emphasizes core sustainability pillars, identified in relation to stakeholder consultation and global best practices. Furthermore, it highlights the sustainability initiatives undertaken and planned by the company and their relation to business operations and growth. Concomitently, SPEEDWELL announces its Sustainability Strategy, the company’s blueprint for sustainability, risks, and opportunities, emerging from both the strong business and sustainability performance of the company in the past few years on the local market.
Building owners in Romania are much more interested in ESG standards and also have higher expectations when it comes to sustainability than their counterparts in other countries. A survey by CBRE, the global real estate consultancy market leader, of over 500 commercial real estate professionals worldwide shows that the main drivers for companies to move towards ESG are regulations, such as the Paris Agreement and the Goals of UN sustainable development, rising operating costs and increasing control from owners.
Euro Tower, the landmark office building owned by Cascade Group in the Central – North of Bucharest, officially becomes the first LEED Zero Carbon certified building in Romania.
SkyTower, the tallest office building in Romania, was awarded the SHORE Gold Certification for operational risk, resilience, and governance of real estate operations, by the internationally renowned SAFE Asset Group.
Equilibrium 2, the second phase of the Equilibrium project developed by Skanska in the Barbu Văcărescu - Floreasca area, obtains the preliminary Net Zero Carbon Buildings certification, granted by the Romania Green Building Council. Thus, Equilibrium 2 becomes the first office building in Romania to obtain the new certification.
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the creation of the Environmental, Social and Governance Committee that will assist the Board of Directors in defining the sustainability strategy. It is the first-ever ESG Committee appointed by the Board of Directors of a Romanian blue-chip company.
AFI EUROPE ROMANIA released today the news that the entire office portfolio, consisting of 7 Class A office projects – AFI PARK 1-5, AFI TECH PARK, AFI VICTORIEI PLAZA, AFI PARK FLOREASCA, AFI LAKEVIEW, AFI PARK BRASOV and AFI PARK TIMISOARA received the WELL Health-Safety Certification from The International WELL Building Institute (IWBI).
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