Category Archives: Environment

Guest blogging for MIPIM World

In case you missed it, MIPIM has launched MIPIM World Blog, and it’s definitely worth checking out. Not least because we’re part of it! Our latest post is about the rise of environmentally certified buildings in CEE. We’ll be posting from Cannes next week…as time permits of course.


ING REIM gets 4 CEE buildings BREEAM-ed

Four properties owned by the funds managed by ING Real Estate Investment Management Central and Eastern Europe (ING REIM CEE) have been awarded BREEAM certificates for sustainable buildings. Campona Shopping Centre and Pólus Center in Budapest, and two buildings in Prague – Centrum Zlatý Anděl and an office building BETA in BB Center (Building Beta) are officially sustainable.

The buildings were assessed on nine primary criteria, such as materials used, energy consumption, health and well-being of the internal environment, access to public transport, the monitoring of water use, waste storage and sorting facilities. The certification of all four commercial properties was executed by Dutch company Grontmij.

Toxic sludge reaches Danube

Floods are bad enough. Muddy floods even worse. But imagine an intensely toxic flood of mud flowing through your streets, your yard and your house. As Hungarians have learned the hard way, it’s enough to make sure you block the construction of any new aluminum plant within 20 km of any place you care about. Now the sludge is reported to have reached the Danube.

Ghelamco gets BREEAM for Trinity Park III

Not that long ago, environmental ceritification for property was more of a curiosity and a subject that developers liked to discuss,  but often dismissed. These days, news about projects going for systems like BREEAM or LEED has become almost common.

Finally, Poland has gotten its first full-on green certified building: Ghelamco has had its Trinity Park III office building in Warsaw BREEAM-certified. The certification process was handled by Grontmij Polska.

Trinity Park III is a 32,000 sqm office building in the Warsaw office hub district of Mokotów. The developer sold it to SEB’s ImmoPortfolio Target Return Fund in March 2010, for €93m.

Anti-Auchan activism in Hungary

The Internet’s great for spreading information between people all around the world. It’s also great for organizing people against developments they don’t like. Not that the extension of a parking lot at Auchan’s Dunakeszi store looks stoppable at this point. Local citizens don’t like the fact it will ruin a marshy area near the existing lot.

Citizens of Dunakeszi, activists in environmental protectionism and students rallied on Saturday for the marsh of Dunakeszi. Some weeks ago a debate had broken out among the defenders of the marsh (in Hungarian: láp) and the Auchan supermarket deciding to extend its parking lot on the marsh. Continue reading