The Global Real Estate Sustainability Benchmark (GRESB), the Partnership for Carbon Accounting Financials (PCAF) and the Carbon Risk Real Estate Monitor (CRREM) are joining forces to provide investors and banks with a unified approach to measure and report on their financed emissions from real estate.
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Belgian shed developer WDP has achieved Edge green building certification at 48 sites across Romania, a key territory for the firm.
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Belgian REIT Immobel, hedge fund DW Partners and investment firm Whitewood have signed a 12-year lease agreement with Total for a new Belgian headquarters, the Multi building in the centre of Brussels.
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Hungarian developer Futureal Development Holding announced on Wednesday that it has raised €150 mln through the issue of a 10-year green bond.
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Alternatives investment giant Blackstone said on Thursday it has acquired Desotec, a leading European environmental services company based in Roeselare, Belgium, from private equity firm EQT.
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UK REIT British Land has delivered its first ever net zero carbon building, after successfully completing the offset of residual embodied carbon at 100 Liverpool Street in London.
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Investors are increasingly integrating social and governance measures into their ESG practices which up to recently have tended to focus mostly on environmental issues, experts agreed during PropertyEU's recent ESG Roundtable 2021.
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The EU’s Sustainable Finance Disclosure Regulation (SFDR) came into force on 10 March, requiring real estate fund managers to implement transparency and reporting about the impact their investments have on the environment.
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A new venture capital fund, 2150, has been launched to invest €200 mln ($240 mln) in start-up companies developing sustainable technologies to target the carbon footprint of cities and their buildings.
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International energy specialist Westbridge Advisory has optimised the energy procurement for the Benelux portfolio of real estate investment manager Union Investment.
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BMO Real Estate Partners (BMO REP) has announced a phased pathway to decarbonising its business and becoming net zero carbon by 2050 or sooner.
