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.
Knauf Insulation, one of the largest manufacturers on the market of insulating materials, part of the Knauf Group, started the construction of the new production unit in Târnăveni, which is to be completed and put into operation in 2024. The new factory, which will have a production capacity of over 100 million square meters, will employ over 100 people, from skilled workers to automation or maintenance engineers.
VGP, a European owner, manager and developer of high-quality logistics and semi-industrial real estate, has leased over 8,000 m2 of logistics space in VGP Park Bucharest North to Alaska Energies, one of the leading renewable energy companies in Europe.
MLP Group has a very good financial standing and a safe capital structure enabling the implementation of long-term strategic goals. This is confirmed by its reported 2022 performance figures. The Group’s Net Assets Value (NAV) went up 37%, to just under PLN 2.5 billion (EUR 532.6 million).
SPEEDWELL, a reference player in the Romanian real estate market, announces the projects carried out in 2022 and the development plan for the new year.
CTP, the largest listed developer and manager of industrial and logistics space in Continental Europe, has leased an area of 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in the south of Bucharest, in the Popești - Leordeni area.
Real estate owners and developers’ interest in sustainability has increased significantly in recent years, in an attempt to align to future trends and meet market demands, which reflects in a growing number of “green” certifications obtained for their projects.
FrieslandCampina, one of the largest global companies in the dairy market, is consolidating its operations in Romania in the first Class A industrial park in Cristești, near Târgu Mureș – Mureș City Logistics, and becomes the first associate in a project developed by Global Vision in partnership with Globalworth.
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