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Sustainability

Sustainable certification and rating systems are very common by now. But how much do we really know about these certifications, and how do they apply to sustainable buildings? Safe Asset Group came up with a comprehensive overview on certificates.

Sonae Sierra rencently started a new chapter in management and strategy. In line with this the company has now launched a new image and positioning, illustrating the company’s new strategic cycle.

Hines, on behalf of Bayerische Versorgungskammer (BVK), has signed a €50 million green loan with CaixaBank as part of a new financing package for its flagship Preciados 13 project in Madrid. In 2017, the mixed-use building was acquired by Hines on behalf of BVK Highstreet Retail Preciados S.L.U.

TORG International will collaborate with Start Concept on leasing the first outlet in Brussels. Construction of the entire project is well advanced with an opening planned for late 2023.

The operation of the firm’s Sustainability and ESG teams in the CEE region will be co-ordinated by Tereza Jelínková, Associate in Cushman & Wakefield’s Czech office. She will thus expand her existing role in the Project Development Services team where she is currently responsible for the Project Management team focused on asset level projects and sustainability.

Sustainability is the order of the day – for all industries, but especially for the retail industry. What is the status quo in the core consumers sectors, brands, investors and asset managers?

The company has refinanced part of its corporate debt, to the tune of around €50 million, through the issuance of bonds linked to its sustainability performance, namely greenhouse gas emissions and the recycling rates of Shopping Centers managed and owned by Sonae Sierra.

“Local food retailers are particularly stable in value as an investment if they are sustainable. The demand for ESG-compliant properties, which promise higher profitability in the long term, is steadily increasing”

EDGE announces the successful delivery of its eye-catching 75,000 sq m mixed-use development Valley, designed by MVRDV, to owner RJB Group of Companies. EDGE has won the tender in 2015 and started construction in 2017 with the ambitious goal to bring a new dynamism to Amsterdam’s Zuidas.

Revetas Group has shifted its entire portfolio of assets in Romania to renewable energy as a continuation of the company’s commitment to ESG practices to support the collective efforts of reducing the impact buildings have in local communities.