Tag: sustainability (47 articles)

Real estate   |   12 August, 2026 at 10:21 AM

Decarbonisation is a competitive edge in Romania

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   |   28 July, 2026 at 2:06 PM

CTP delivers 56,000 sqm logistics hub for LPP in Bucharest

CTP has delivered a 56,000 sqm distribution centre for LPP Logistics at CTPark Bucharest West, completing the project in under a year from the signing of the lease agreement. The facility is now operational and will support LPP Group's supply chain across South-Eastern Europe, serving stores in Romania, Bulgaria and Greece, as well as the continued growth of the fashion brand Sinsay. Situated adjacent to LPP Logistics' e-commerce fulfilment centre opened in late 2025, the two buildings together form a logistics hub handling both bricks-and-mortar retail and online orders.

Real estate   |   2 July, 2026 at 2:47 PM

Green finance becomes the new rule for Romanian real estate

Sustainability criteria are playing an increasing role when banks finance real estate projects in Romania, while buildings that meet green finance standards can obtain better terms. These are the findings of a study carried out by Colliers on the local market, based on responses from four commercial banks, which together hold more than half of the Romanian banking system's assets, and two multilateral development banks active in the real estate sector. The clearest rule identified for new buildings is the NZEB-10% standard, applied by all institutions analysed. All six require the primary energy demand of a new building to be at least 10% below the national NZEB threshold, and a project that does not meet this standard may still be financed, but the loan will generally not be classified as green finance.

Real estate   |   9 June, 2026 at 8:45 AM

Demand for energy-efficient homes is real and growing

Daniel Tudor, Founding Partner and CEO The Concept Group, spoke to Property Forum about the maturing residential market and the firm's strategic goal to exceed the threshold of €500 million in portfolio under management. He also mentioned the expansion plans for the company and role of energy efficiency in making residential projects competitive.

Economy   |   27 May, 2026 at 5:30 PM

World economy loses €25 trillion annually due to waste

The world economy loses around €25.4 trillion in value annually, equivalent to almost 31% of global GDP, due to inefficient resource management, according to a report conducted by Deloitte and Circle Economy. This means that for every three euros created, one euro is lost.

Economy   |   19 February, 2026 at 2:00 PM

Romanian business leaders most optimistic in CEE despite rising risks

Nearly two-thirds (62%) of Romanian business leaders anticipate increased threats to their companies in 2026, yet over four in five (85%) remain optimistic about growth prospects for their organisations, according study by Grayling among top executives from IT, finance, energy, retail, health and media sectors.

Real estate   |   4 November, 2025 at 3:57 PM

Penny opens €35 million logistics centre near Bucharest

Penny Romania retail chain has inaugurated its new logistics depot in Mihăilești, Giurgiu County, near Bucharest, marking a €35 million investment in sustainable infrastructure. The facility is the first in the company's network to operate entirely without gas heating, using waste heat recovery systems and heat pumps instead.

Real estate   |   15 October, 2025 at 1:19 PM

GTC's City Gate secures LEED Gold v5 certification

The South Tower of City Gate in Bucharest, developed and managed by GTC, has been awarded the LEED Gold v5 certificate. This is the latest version of the world's green building standard, outlining steps towards near-zero carbon emissions, prioritizing people, and supporting building resilience. City Gate is the first property in Romania and only the fourth existing building in Europe to achieve this recognition, following projects in Italy, Spain, and Sweden.

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Romanian grid operator to support peak power consumption during heatwave

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