Latest news with #BREEAM
Glasgow Times
5 days ago
- Business
- Glasgow Times
Landmark industrial leases secured at Glasgow Airport
Development and asset manager Canmoor Asset Management finalised the major lettings upon the completion of two new buildings at Westway, Glasgow Airport. The UK Government has signed a long lease on Westway 200, a 202,862 sq ft unit, completed in early July 2025. Read more: 'This has been my dream': BBC MasterChef star opens new Indian restaurant This deal is believed to be Scotland's largest speculative industrial and logistics letting in three decades. Meanwhile, an 88,017 sq ft unit has been leased to Pulpex Ltd, a sustainable packaging technology company, under a 20-year lease. As announced earlier this year, the building will become Pulpex's first commercial-scale fibre bottle manufacturing facility. Both structures incorporate sustainable design, achieving BREEAM 'Excellent' and EPC 'A' ratings. The facilities are capable of operating on all-electric systems and include electric vehicle charging stations, photovoltaic panels, and air-source heat pumps. Important amenities include dedicated car parking, HGV parking, and extensive yard space, all within Westway's 24/7 fully secure environment. The deals are a significant achievement for Westway and Canmoor's speculative development programme, which strives to attract forward-thinking occupiers. With strong demand for the developments, Canmoor is continuing its commitment to speculative development at the estate. Read more: 'Another step forward': Glasgow housing association launches new digital service Westway, one of Scotland's premier industrial estates, offers quick access to Junction 28 of the M8 via the recently opened Barnwell Street Bridge, with easy connectivity to Glasgow Airport and the Advanced Manufacturing Innovation District Scotland (AMIDS). Further developments are anticipated at the site. Following the planned demolition of Block F, a new phase of build-to-let opportunities will be introduced. This will feature purpose-built industrial units ranging from 20,000 to 300,000 sq ft. Joint letting agents at Westway are JLL and Colliers, and Muir Construction was the main contractor for the development.
Business Wire
03-07-2025
- Business
- Business Wire
CTP N.V. Notice of H1-2025 Results
AMSTERDAM--(BUSINESS WIRE)--Regulatory News: CTP N.V. ('CTP' or the 'Company'), Europe's largest listed owner, developer and manager of logistics and industrial real estate by gross lettable area, will announce its H1-2025 results on Thursday, 7 August 2025. On the day, at 09.00 am (GMT) and 10.00 am (CET) the Company will host a video presentation and Q&A session for analysts and investors, via a live webcast and audio conference call. The live webcast can be viewed through the following link: To join the presentation by telephone, please dial one of the following numbers and enter the participant access code 893972. Press *1 to ask a question, *2 to withdraw your question, or *0 for operator assistance. A recording will be available on CTP's website within 24 hours after the presentation: About CTP CTP is Europe's largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area, owning 13.4 million sqm of GLA across 10 countries as at 31 March 2025. CTP certifies all new buildings to BREEAM Very good or better and earned a negligible-risk ESG rating by Sustainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP's corporate website:
Yahoo
01-07-2025
- Business
- Yahoo
Skanska invests $76.59m in Czech Republic's new residential project
Project development and construction company Skanska has announced a Kč 1.6bn ($76.59m) investment in a new residential project in the Czech Republic. The construction, part of the D.O.K. Radlice project, valued at Kč 1.0bn, is set to be recorded in the company's European order intakes for the second quarter of 2025. This project in Prague's Radlice district will consist of 177 low-energy apartments across three residential buildings, with one becoming the largest wooden residential building in the Czech Republic. Located near natural monuments and green spaces, the development aims to foster a quiet living environment, complete with a courtyard and playground. The single-phase project's design prioritises sustainability, incorporating green infrastructure to achieve a substantially lower carbon footprint. A preliminary analysis suggests that the wooden structure could halve the volume of concrete typically required and reduce carbon dioxide emissions by up to one-third compared to traditional building methods. The buildings aim to achieve a high rating within the Building Research Establishment Environmental Assessment Method (BREEAM) international sustainability certification. Construction is expected to be completed in 2027. Skanska, with a workforce of approximately 26,500, operates in select markets in the Nordics, Europe, and the US. Last month, the company won a significant contract in the US, valued at $250m, to construct a new parking garage and carry out enhancements at Logan Airport's Terminal E in Boston. This project is part of the Massachusetts Port Authority's Terminal E Renovation and Expansion Program. Additionally, Skanska was awarded a Nkr360m contract by the Gjesdal Municipality in Norway for the construction of the Gjesdal Health Center in Rogaland County. "Skanska invests $76.59m in Czech Republic's new residential project" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
01-07-2025
- Business
- Yahoo
Baltic Horizon Fund publishes its ESG report for 2024
Baltic Horizon Fund today announces the release of its annual ESG report for the year of 2024. Baltic Horizon introduced its ESG strategy in 2019, and has since allocated consideable efforts on promoting environmental, social, and governance practices across its asset portfolio and in the investment strategies and decision-making processes. The past years, Baltic Horizon Fund has operated in a very demanding environment. In 2024, the Fund Management's attention has been concentrated on maximizing the potential of its portfolio and each asset to build a solid foundation for the future. In the area of ESG, our efforts have been focused on improving the ESG data quality and embracing green energy sources, in alignment with the growing tenant demand for sustainable and environmentally friendly spaces,' commented Tarmo Karotam, Fund Manager for Baltic Horizon Fund. Baltic Horizon Fund's ESG performance highlights in 2024 During 2024, Baltic Horizon Fund maintained a 100% portfolio BREEAM certification. The office building Meraki received its BREEAM New Construction certificate in October with the grade Excellent. This certification improves and replaces the design state certificate which had the Very good rating. The Fund uses green leases to align and formalize sustainability commitments with the tenants and has set a goal to achieve 100 % of green lease coverage. In 2024, the Fund increased the share of green leases, reaching 98 % coverage by the end of the year. The Fund has analyzed its investments in accordance with the EU Taxonomy. In 2024, 23% of the Fund's real estate investments satisfied the EU taxonomy substantial contribution criteria. This is a significant improvement from 2023 where the taxonomy alignment was 14% . During 2024, 86% of the Fund's properties electricity was renewable. 2 out of 12 assets had on-site solar panels. 10 out of the 12 assets used renewable electricity. To increase the renewable electricity in the portfolio, the Fund has signed private power purchase agreements (PPA) to purchase solar and/or wind power directly from the energy parks. Two of the PPAs became effective in 2024 and more PPAs will enter into force in 2025. During 2024, the Fund once again participated in the Global Real Estate Benchmark (GRESB). The Fund received a 3-star GRESB rating in 2024, and has thoroughly analyzed the assessment results and developed an action plan to achieve a 4-star GRESB rating in 2025. The full ESG report 2024 is attached and is also available on the Fund's website: The Estonian translation of the report is available on the Fund's website: For additional information, please contact: Tarmo Karotam Baltic Horizon Fund manager E-mail The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on You can also follow Baltic Horizon Fund on and on LinkedIn, Facebook, X and YouTube. Attachment Baltic Horizon ESG report 2024Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
First Radisson RED hotel in London set to open in 2029
Radisson Hotel Group has entered a partnership with PPHE Hotel Group to launch the first Radisson RED hotel in central London, UK. According to Radisson, the new hotel is expected to open its doors in 2029, bringing a "cutting-edge upscale design" to the hotel sector. The hotel will be situated near the City of London's financial district and within walking distance of Liverpool Street Station. PPHE has agreed to acquire a mixed-use development site for the project, which includes plans for at least 182 bedrooms, a restaurant, a bar, a gym, and office space. The transaction is anticipated to close in the coming months. PPHE Hotel Group co-CEO Greg Hegarty said: 'This site will be a great addition to our development pipeline as we continue to extend our portfolio and presence in the London market. "It is an exciting project which leverages our 'Buy, Build, Operate' business model and expertise, as well as our multi-brand and multi-market segment strategy. We look forward to bringing Radisson RED to central London, following our recent Radisson RED openings in Berlin and Belgrade.' The development site currently houses two old office buildings that are set to be demolished to make way for the new hotel. The design of the Radisson RED hotel will focus on sustainability, aiming for a BREEAM 'Excellent' environmental accreditation. This commitment to eco-friendly practices is expected to enhance the hotel's appeal to environmentally conscious travellers and stakeholders in the hotel sector. Radisson Hotel Group executive vice-president and global chief development officer Elie Younes said: "Over 65% of our owners have more than one hotel with us, due to the relevance of our brands, our approach, and results. This marks our first Radisson RED in central London and reflects our commitment to growing our lifestyle portfolio in key global cities. "We value our long-standing partnership with PPHE Hotel Group and are grateful for their continued trust in our brands and people." "First Radisson RED hotel in London set to open in 2029" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
