Sustainability

Sustainability

Energy-efficient Buildings Key to Hitting Climate Targets

The European Union could reduce energy use by 6% and CO2 emissions by 5% by upgrading the existing building stock....

Sustainability

GTC to Save 500 MWh a Year in Váci Greens D

Tenants of the Váci Greens D office building can save up to several months' worth of energy costs already this...

Sustainability

Historic Krausz Palota Renovation now Approaching Completion

The modernization of the Krausz Palota at Andrássy út 12 is nearing completion. The listed building was acquired in 2019...

Sustainability

Etele Plaza Achieves Breeam ‘Very Good’ Certification

Etele Plaza became the first building in Hungary to achieve a Breeam "Very Good" certification in the retail category, according...

Sustainability

Well Certification Has Positive Effect on Employee Satisfaction

A Well-certified office increases employee satisfaction by 30%, mental health by 10%, and productivity by 10%, according to a study...

Sustainability

Energy Efficiency Crucial for a Successful Office Project

In the current environment, energy efficiency is becoming ever more critical when letting or selling an asset. The location and...

Sustainability

Green Transition Comes with Challenges, Many Long-term Benefits

As Europe grapples with its energy crisis, more businesses in Hungary are thinking about making their operations greener and more...

Sustainability

Market Talk: Real Estate Market Learning to Embrace Sustainability

Analysts agree that commercial real estate projects are becoming more sustainable and efficient, notably in the office and industrial sectors....

Sustainability

Green Matters: Financial Drivers Must be Aligned With Environmental Issues

On the matter of how the concept of sustainability accreditation will develop and how green and sustainability issues will further...

Sustainability

Shedding Light on Environmentally Sound Interiors

Commercial property interiors bring together a plethora of issues regarding the general environment, the internal atmosphere and layout, staff wellbeing...

Sustainability

Sustainability a Central Element in Development Cycle

Accreditation from an independent, third-party sustainability organization such as the U.K.-based Breeam and the U.S.-based Leed, and increasingly the interior...

Sustainability

The ESG Approach in Real Estate Investment Deals

Zsolt Berényi has been acting as development director for GTC Hungary since September 1. With a more than 15-year track...

Sustainability

Location a Vital Element to Sustainable Buildings

Buildings that respond to the needs of the users while simultaneously interconnecting with their environment can be said to be...

Sustainability

Reports Highlight Sustainable use of Biodiversity, ‘Nature Values’ Preservation

Biodiversa+, the European Biodiversity Partnership, a network of ministries and agencies across Europe that support research, has introduced two reports,...

Sustainability

Wing Supports Program for Development of Disadvantaged Children

Wing is providing a donation of a total of HUF 7 million to support the work of the SOS Children’s...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Sustainability

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

Sustainability

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Sustainability

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

Sustainability

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Sustainability

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Sustainability

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

Industrial, Sustainability

Demand for Prime Sustainable Industrial Space Remains High

The Central and Eastern European industrial and logistics markets are seen as an attractive development and investment option, with leading...

Sustainability

Allee Achieves Leading Sustainability Performance Among CEE Retail Properties

Allee Shopping Center has achieved a 5-star rating from the internationally recognized GRESB (Global Real Estate Sustainability Benchmark) system, ranking...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Interior ESG Elements now Central to the Real Estate Industry

ESG interior elements related to building use trends, design, layout, amenities, and property and facility management are now seen as...

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

Cordia Starts Construction of 360° Residential Project

Cordia, part of Hungary’s Futureal Group, is expanding in Spain with the official start of construction of 360° by Cordia,...

Demand for Prime Sustainable Industrial Space Remains High

The Central and Eastern European industrial and logistics markets are seen as an attractive development and investment option, with leading...

ESG Compliance Driving Investment

A sentiment report published by SIOR (Society of Industrial and Office Realtors) Europe and the University of the Built Environment...

Lurdy Ház Earns BREEAM In-Use ‘Very Good’ Certification

Lurdy Ház in Budapest has now obtained the BREEAM In-Use “Very Good” certification, confirming the complex’s energy-efficient operation and environmentally...

Allee Achieves Leading Sustainability Performance Among CEE Retail Properties

Allee Shopping Center has achieved a 5-star rating from the internationally recognized GRESB (Global Real Estate Sustainability Benchmark) system, ranking...

Sustainability Pays: International Green Building Week Opens in Hungary

Hungary has joined a growing number of countries participating in International Green Building Week, a global initiative led by the...

ESG Elements Crucial to Sourcing Finance

Commercial lenders have become increasingly influential in shaping ESG practices in the Central European real estate sector, particularly through the...