The property management division of Hamburg-based HIH believes it is on track to save an average of 2,161 tonnes of CO2 emissions per year after awarding a new energy contract to E.ON Energie Deutschland.
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Global developer Skanska has unveiled plans for the first climate-neutral office project in the CEE region.
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International logistics giant Prologis said that it raised standards in environmental stewardship, social responsibility and governance (ESG) across its global platform in 2019, allowing the firm to exceed a number of its stated ESG objectives, according to its annual impact report.
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German asset manager Warburg-HIH Invest Real Estate has appointed operating-costs specialist Westbridge to install intelligent metering systems across its portfolio in Germany, as part of its sustainability strategy.
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M&G Real Estate, the property investment arm of Prudential in the UK and Europe, has pledged to reduce net carbon emissions to zero across its assets under management by 2050 through a series of key measures.
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UK pensions giant Legal & General has announced that it is to make all of its new housing stock operational net zero carbon-enabled by 2030.
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Westbridge Advisory International, the international entity of operating cost optimiser Westbridge Advisory, has converted a portfolio of six landmark office buildings for Union Investment in Poland to green electricity.
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Finnish pension fund Varma announced on Friday that it is committing to fossil-free energy consumption in the properties it owns by 2030. In doing so, the company joins a global real estate and construction industry initiative that advocates for carbon-neutral buildings.
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UK and Western European investor Fore Partnership has committed to an ambitious target to ensure its business and buildings are net zero carbon by 2025.
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International property company Sonae Sierra has joined the global Recovery Better initiative, pledging to follow a sustainable path out of the global health crisis, in parallel with over 150 multinational firms.
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German lender Aareal Bank has further cut its exposure to Italian non-performing loans (NPL) by selling around €140 mln in loans and advances to investors during the month of July.
