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ACROSS

Sustainability

How to Avoid Accusations of Greenwashing While Effectively Marketing Your Green Efforts

Many retail real estate companies are currently hesitant to promote their sustainability efforts. The fear of being accused of greenwashing if the location or company is not 100% sustainable outweighs the potential upside of leasing to green-minded tenants. Yet, there is a clear and simple strategy when it comes to marketing one’s sustainability efforts without fearing to be accused of greenwashing.

Immofinanz presents new brand On Top Living at MIPIM 2022

Immofinanz is presenting its new residential brand “On Top Living” at the real estate trade fair, MIPIM in Cannes. Under this brand, tenants will be offered up to 12,000 smart and sustainable apartments at affordable prices in the medium term.

MIPIM 2022: This year’s Buzzword is ESG

The return to a virus-free world, the fight against global phenomena such as climate change, and the conflict in Ukraine – this and many other issues are driving the retail industry in Cannes.

Scallier: New Brands in Romanian Retail Parks

German non-food retailer, TEDi, and the Austrian chain of sport stores, Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier. In total, the new stores will occupy an area of ​​nearly 5,500 sq m in the facilities located in Timisoara, Vaslui, Mosnita, Turda (TEDi) and in Vaslui and Turda (Hervis).

Scallier’s Retail Park in Focsani Receives Breeam Excellent Certificate

The retail park in Focsani, which was opened in November last year, received the BREEAM certificate at the Excellent level. A commercial facility with a lease area of 5,000 sq m is part of the network of compact retail facilities developed by the Polish company Scallier in Romania.

Commercial Sustainable Development Goals

ACROSS Magazine’s compilation of research studies shows how the retail and real estate industries are meeting sustainable economic models of production and services, while eliciting innovation and a commercial evolution.

What do sustainable certifications look like?

Sustainable certification and rating systems are very common by now. But how much do we really know about these certifications, and how do they apply to sustainable buildings? Safe Asset Group came up with a comprehensive overview on certificates.

Sonae Sierra launches new positioning

Sonae Sierra rencently started a new chapter in management and strategy. In line with this the company has now launched a new image and positioning, illustrating the company’s new strategic cycle.

Hines Signs €50 Million Green Loan for Mixed-Use Property Preciados 13

Hines, on behalf of Bayerische Versorgungskammer (BVK), has signed a €50 million green loan with CaixaBank as part of a new financing package for its flagship Preciados 13 project in Madrid. In 2017, the mixed-use building was acquired by Hines on behalf of BVK Highstreet Retail Preciados S.L.U.

First Outlet in Brussels is planned for 2023

TORG International will collaborate with Start Concept on leasing the first outlet in Brussels. Construction of the entire project is well advanced with an opening planned for late 2023.

Tereza Jelínková to lead CWK’s sustainability team in CEE region

The operation of the firm’s Sustainability and ESG teams in the CEE region will be co-ordinated by Tereza Jelínková, Associate in Cushman & Wakefield’s Czech office. She will thus expand her existing role in the Project Development Services team where she is currently responsible for the Project Management team focused on asset level projects and sustainability.

Sustainability – how the industry is responding

Sustainability is the order of the day – for all industries, but especially for the retail industry. What is the status quo in the core consumers sectors, brands, investors and asset managers?

Sonae Sierra issues sustainability bonds in Portugal

The company has refinanced part of its corporate debt, to the tune of around €50 million, through the issuance of bonds linked to its sustainability performance, namely greenhouse gas emissions and the recycling rates of Shopping Centers managed and owned by Sonae Sierra.

GRR Group initiates extensive ESG focus

“Local food retailers are particularly stable in value as an investment if they are sustainable. The demand for ESG-compliant properties, which promise higher profitability in the long term, is steadily increasing”

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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