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News Sustainability targets gain prominence in property financing
07
May
2024

Sustainability targets gain prominence in property financing

by Ovidiu Nicolae
Banks are starting to ask from the first stage about the sustainability targets of real estate projects, while EU rules are shaping the reporting framework, concluded speakers of the construction and property development panel of Property Forum’s Romania ESG Forum held in Bucharest.
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New leases

  • Eracent, an IT company, has renewed its lease at the Business Garden complex in Warsaw. The company occupies nearly 600 sqm of space in the facility. Brochocki Real Estate law firm represented the tenant in the transaction.
  • Knight Frank has located its Polish headquarters in the Vibe building in Warsaw's Wola district. The office occupies the entire ninth floor of the building and offers nearly 1,000 sqm of space.
  • Logistics operator DB Schenker has leased an additional 9,800 sqm in the Hillwood Rawicz (western Poland) logistics centre. The tenant has been operating from the centre since the autumn of last year when it opened a service centre with an area of over 17,000 sqm for a manufacturer of optical products.

New appointments

  • Piotr Krysztopa, a specialist in building technology and energy efficiency, is joining Avison Young's technical consulting department. He will strengthen the firm's expertise in data analytics and ESG solutions.
  • Leszek Stankiewicz has been appointed CEO of YIT in Poland as of 9th of April. YIT is the largest property developer in Finland, present in eight European countries. In Poland, the company has investments in Warsaw, Gdańsk and Kraków.
  • Paweł Dobrowolski takes over as head of the office department at CBRE Poland, replacing Łukasz Kałędkiewicz. Alexander Hofmann becomes the new head of the Warsaw office tenant representation team.

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