REAL ESTATE review Photo by Wang An Qi/Shutterstock
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SUSTAINABILITY DEVELOPMENT MORE CENTRAL TO A SUCCESSFUL PROJECT Sustainability accreditation from an independent, third-party sustainability organization such as the U.K.-based BREEAM, the U.S.-based LEED or, increasingly, WELL, have become the norm for development in Hungary. Indeed, in the office and logistics sectors, they had become almost a prerequisite for a successful development prior to the COVID-19 emergency. By BBJ Staff Sustainability consultants and practitioners are bringing to the fore issues regarding the life-cycle of a building, the perceived wellbeing of staff and the relationship
of a building to the wider urban environment. These issues are integrated into the concept and design of a project in reaction to environmental concerns, governmental and municipal regulations and market pressures
such as letting, securing preleases and exit strategy with the sale of an asset to an investor. Leading developers such as Skanska, Horizon Development and Futureal are committed to developing their projects
