Analysing the sustainable construction market in Poland Market perception study
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Analysing the sustainable construction market in Poland
Partners
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Table of contents
About the study and its key findings
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The global “Business Case for Green Building� and the Polish market study 8 Building industry and sustainable development 10 Certification systems 11 Market perception about green building in Poland - analysis
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Characteristics of green/sustainable buildings 14 Benefits and costs of green construction
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Market challenges 19 Certification 21 Trends in the market 22 Sustainable development 23 Workplace productivity and health 24 Perception of developers 26 Perception of investors 28
Summary 30 Acknowledgements 33 Construction Marketing Group 34 List of companies that publicly participated in the survey 36 Contacts 37
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Analysing the sustainable construction market in Poland
Opening remarks
„On behalf of the Construction Marketing Group and BuroHappold Engineering, I would like to warmly thank every person and the company they represent, for their engagement in our joint project. Without the support of the project partners at every step and the engagement of the market, it would not have been possible to conduct this research. I would also like to thank the companies that took the time to fill out the survey, sharing their experience and perception of sustainable construction. We decided to undertake this project because we are convinced that the real estate and construction sector urgently needs precise and transparent data that can show the real value of sustainable construction for investors, developers and tenants. The very fact that the majority of the survey respondents in this study believe that the uptake of sustainable construction is going to continue to increase, fills us with optimism. This study also gives us the framework we need to further build awareness around what it means to build sustainably and what kind of value it brings. This value has already been recognized in other markets and now we want to grow that understanding in Poland. Our future objective is to gather data that will help show the real value in how sustainable buildings perform, so we hope for the continued cooperation with our partners in sharing their data. Their willingness to do so is evidence of the maturity of our market sector.�
Katarzyna Chwalbińska-Kusek Business Development Manager, BuroHappold Engineering, Founder of Construction Marketing Group and project initiator.
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About the study
This research of sustainable buildings in Poland was initiated by BuroHappold Engineering within the scope of the Construction Marketing Group. The project was inspired by the global “Business Case for Green Building” report developed by the World Green Building Council. The following analysis of the market perception around sustainable construction is the first study of such scope in Poland, conducted on a large scale, taking into account the economic values and benefits of green buildings. One of the key aims of the study was to learn what the participants in the construction and real estate sector understand by “green” or “sustainable” buildings. Additionally, we tried to find answers to the following questions: Does the Polish market see the benefits of sustainable buildings? How does it perceive the operating and maintenance costs during the whole life cycle of a building? Do developers and investors perceive sustainable construction as profitable? How is certification of green buildings perceived in Poland? The full project consists of two phases. In the first phase, presented by this report, with the use of an online survey, we explored the perception of the values of green/sustainable buildings by developers, investors and main tenants in six categories (general awareness, asset value, operating costs, construction costs, workplace productivity and health, and risk mitigation). The second phase will consist of collecting and analysing the actual costs and benefits of this type of construction in Poland. Its results will be presented in 2015.
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Analysing the sustainable construction market in Poland
Key findings
General awareness The results of the perception study clearly indicate that the construction and real estate sector acknowledges the shift towards sustainable construction and sees it as an important aspect of future investments.
Operating costs The participants of the survey perceive sustainable construction mainly as a way of reducing the operating costs and maintenance costs of a building over its long-term use, with an emphasis on lower energy consumption.
Construction costs Sustainable buildings are perceived to require a higher up-front financial investment, on average of 2-10%, but at the same time, participants believe this up-front investment will decrease in the future.
Asset value There is low awareness around the ability of green buildings to attract tenants more easily or command higher rents and sales prices. This is likely linked to a shortage of available data on the market that could support this argument.
Workplace productivity and health The awareness around the benefits of green design attributes is still very low, especially regarding workplace productivity and health.
Risk mitigation There is still a lot of uncertainty regarding how effectively sustainable investments operate on the market and whether they are exposed to lower risks than conventional assets.
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The Global Business Case for Green Building report
The inspiration for this Polish study was the global Business Case for Green Building report. Bringing together the best global evidence available, the report was able to examine key trends and realities of the building industry.
The key finding of this global study show that:
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Designing and constructing green buildings does not necessarily have to cost more and in mature markets there is clear evidence that up-front costs are coming down.
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Green buildings have a tendency to attract tenants more easily and command higher rent and sales prices.
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Green buildings can save money through reduced energy and water consumption and lower long-term operations and maintenance costs. These savings typically exceed any construction cost premiums within a reasonable payback period.
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Green building attributes can improve occupant productivity, health and wellbeing which has significant impacts on business returns.
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Sustainability risk factors can significantly affect rental income and the future value of real estate assets, in turn affecting their return on investment.
“The World Green Building Council is thrilled to see that our global report on the “Business Case for Green Building” has inspired local action! Construction industry stakeholders in Poland are coming together to show the costs and benefits of building green locally in a transparent and comprehensive way. This open and collaborative work will give the industry a strong tool to understand and address the current barriers to building green in Poland.”
Dominika Czerwińska Manager of Membership and Europe Regional Network, World Green Building Council
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Analysing the sustainable construction market in Poland
… and the Polish market study
The study of the Polish market has been planned in two phases. The first phase investigates the perception of tenants, developers and investors in Poland around the costs and benefits of sustainable buildings. The second phase of this research will consist of gathering and analysing the actual performance data, in order to compare how market perceptions align to actual performance. In the first phase, an online survey was prepared in cooperation with PwC consulting firm that guaranteed its anonymity and delivered collated data for analysis. The data was then analysed and complied by BuroHappold Engineering in cooperation with Colliers International. The aim of the survey was to investigate how the market perceives sustainable construction within six categories. The questions associated with the first four categories included: general awareness, asset value, operating costs, workplace productivity and health and were asked to all participants. Questions associated with construction costs were asked only to developers, while questions associated with risk mitigation - only to investors. This report presents the results from their responses. Definitions assumed for the study: The terms “green” and “sustainable” can hold different meanings for different groups of people, but for the purposes of this study these terms were used interchangeably. It was also decided that, independent third-party building certification is the only available and objective indicator of a building’s sustainability. That is why “green” or “sustainable” buildings have been defined here as ones that possess the certificate of an independent organization - e.g. LEED, BREEAM, DGNB, HQE, etc. A “standard” or “reference” building is understood as one that meets the national technical requirements by law. This study also only refers to buildings dedicated to “commercial office” use only.
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Building industry and sustainable development
Sustainable development is understood as development that takes into consideration economic, social and environmental values in a manner that allows both current and future generations to meet their needs. This is closely linked to the real the building industry. Given the construction and real estate sector’s high resource impacts, improving its sustainability is a crucial part of Europe’s sustainable development agenda.
* http://www.unep.or.jp/ietc/focus/EnergyCities1.asp ** European Commission statistics
With such significant potential to reduce resource use, the greening of the construction and real estate sector also carries huge economic opportunities. Indeed, the European Commission’s “Roadmap to a Resource Efficient Europe” has highlighted it as one of three key sectors which need to be the focus of further European Union resource efficiency policy and actions.*** Sustainable construction is based on best practices that place emphasis on durability, quality and efficiency. Starting from the planning phase, at every stage of a building’s life cycle it can have a positive effect on society and its users, while at the same time reducing the negative effects on the natural environment and strengthening the economy. *** http://ec.europa.eu/environment/resource_efficiency/about/roadmap/index_en.htm
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Analysing the sustainable construction market in Poland
Certification systems
In order to properly interpret the findings of this study it’s important to have an understanding of the certification systems. Green building certification systems are verification methods aimed at ensuring that a building has met the necessary criteria to be considered “green” or “sustainable”. These are multi-criteria systems that take a holistic approach that looks well beyond energy efficiency to include criteria around other aspects such as land use, materials, water, indoor environment quality, waste, transport, pollution, as well as management, innovation and even social and economic drivers. Many different certifications systems exist around the world based on local preferences and reference data. In Europe the two most widely used green building certification systems are BREEAM, developed in the UK by the British Research Establishment (BRE) and LEED, developed in the US by the US Green Building Council (USGBC). Both these systems rate buildings based on how they score across multiple categories. They also take into account different building uses such as schools, hospitals, retail etc. Certification can be achieved for newly constructed buildings as well as existing buildings that have undergone major renovation. Certification is also available for major interior fit-outs. Other well-known certification tools include the German DGNB or French HQE. The key objectives of these systems are to help the market understand what it means to build green and to provide independent third-party verification.
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Analysing the sustainable construction market in Poland
Market perception about green building in Poland - analysis
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Characteristics of green/sustainable buildings
Results of the study show that:
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Analysing the sustainable construction market in Poland
Benefits and costs of green construction
When asked about the benefits of green buildings, survey respondents indicated mainly (99%) reduced operating costs i.e. the cost of energy, water, etc. Most respondents (74%) also agreed that that the savings achieved from reduced operating costs yield a reasonable payback period for any construction cost premiums.
Similarly, most respondents (87%) agreed that green buildings demonstrate the tendency for lower long-term maintenance costs.
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Other benefits indicated, were the limited negative effects on the natural environment and the improved quality of indoor environment in a green building. What is more, 82% of respondents agree that green buildings result in better waste segregation/recycling, which has a direct effect on waste collection costs.
However, the study also demonstrates that there is low awareness regarding the effect of green building on investment risk. This is supported by the fact that 43% of respondents either do not agree or are not sure whether green buildings yield a higher rate of return on investment.
“The characteristics of green buildings and their respective benefits are usually associated with reduced utilities costs, especially as related to lower energy consumption. The results of this survey inspire us to undertake further activities aimed at raising awareness around sustainable construction practices and their resulting benefits, especially in the context of investments.� Agnieszka Winkler Senior Analyst, Research and Consultancy Services Colliers International
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Analysing the sustainable construction market in Poland
When asked whether green building certification yields the above mentioned benefits only half (51%) of the respondents agreed while a significant percentage (44%) stated that this is not always the case, which implies that the market is not convinced that green building certification yields green performance in a building.
The low awareness and the lack of certainty as to the benefits of green buildings are also reaffirmed by the fact that the vast majority of respondents either are not certain about, or don’t agree that certified buildings demonstrate a tendency to command higher rents and sales prices or attract tenants more easily than noncertified buildings. Similarly, most respondents (61%) are not sure whether a relationship exists between certification and tenant turnover in the building. This uncertainty likely results from a lack of accessible data on the Polish market and a relatively low number of existing certified buildings.
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According to the study 32% of respondents are not willing to pay more for renting, constructing or purchasing a green building in comparison with a standard building. Of those firms that declared a willingness to pay more for a green building, the majority (57%) stated that they would pay up to 5% more. How much more is your company willing to pay to lease, build or purchase a green/sustainable building?
On the other hand, most respondents (62%) do not expect a green building to cost less than a standard building.
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Analysing the sustainable construction market in Poland
Market challenges
When asked about the challenges of green construction on the Polish market, respondents primarily indicated the lack of financial and legal incentives. Interestingly, access to appropriate building materials, and the lack of knowledgeable professionals are not seen as barriers. This shows that the market is maturing.
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Another challenge identified by the respondents, which previous responses also point to, is the low awareness of the benefits and costs of green construction. This may be connected to respondents indicating that the certification process is seen as an unnecessary expense. There are various reasons why certifications may be viewed as an unnecessary expense. The market may feel that the certification process itself is not yielding true green building performance, it might not recognise the benefits of building green to begin with, or it might believe that existing certification systems are too expensive. As it is not the aim of this study to explore the effectiveness of certification systems, the survey did not ask the respondents for their opinions in that matter.
“Raising awareness and education using local case studies needs to play an important role if we want to advance green building practices in Poland. It is worth noting that one of the key challenges expressed in the survey was a lack of financial and regulatory incentives, which shows that sustainable construction is still perceived as an additional cost that is only feasible if subsidized. Our experience at Colliers has shown that the added value of sustainable buildings is justifiable in business terms as well as in limiting negative effects on the environment and from the health and well being of building users.”
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Jerzy Wójcik Architekt IARP, LEED AP BD+C, BREEAM International Assessor, Senior Associate, Green Building Advisory, Colliers International
Certification
It is promising to see that 40% of respondents indicated that their firm is currently trying to achieve building certification...
...while an additional 22% of firms are planning to start the certification process in the near future (within 1-3 years).
As much as 19% of respondents indicated that their firms are not actively seeking certification for buildings that they lease, purchase or construct.
For the 19% of respondents who who indicated that it is not their priority to seek certification for properties that they lease, purchase or construct...
...29% of them stated that they would be encouraged to do so by a decision of the firm’s management board...
...and 24% indicated incentives from government as a key motivator that would encourage pursuit of certification. This matches the results above showing one of the key challenges to building green in Poland is a lack of government incentives.
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Trends in the market
85% The vast majority of survey respondents indicated that their company has experienced a growing interest on the market over the past few years towards sustainable building...
77% ...and similarly, most respondents are expecting that interest to continue to rise in the future.
“The expectation that the demand for certified office space will rise can be linked to the increasing supply of green office buildings on the market and with it increased lease options. The rising awareness among tenants of the benefits of green buildings will not only affect the strategies of the developers who are planning for new construction but also the owners of older real estate who will be motivated to consider certification for renovating their properties..“
Mateusz Polkowski Director in the Market Research and Consulting Department, Jones Lang LaSalle
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Analysing the sustainable construction market in Poland
Sustainable development
How is sustainability incorporated in your company? 19% of respondents admitted that the idea of sustainable development was not yet been introduced in their firms in any way. Sustainable development appears in general strategies and marketing/ PR strategies in 56% and 48% of cases, respectively. As much as 20% of respondents indicated that their firm is strongly committed to sustainability in practice. This show firms are starting to incorporate sustainable development at the strategic level but not yet translating that into concrete action.
“We are glad that the awareness of the Polish market associated with sustainable construction is on the rise. Our joint research initiative confirmed that more and more firms develop sustainable development strategies, issue CSR reports, conduct dialogue with stakeholders and locate their headquarters in ‘green’ office buildings. In the era of growing competitiveness, creating the image of the firm as acting in compliance with the rules of sustainable development is more and more significant and allows to effectively build the relationships with clients, employees and investors.” Irena Pichola Leader of the Sustainable Development and Corporate Responsibility Team, PwC
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Workplace productivity and health
54% of respondents did not agree with, or were not certain that their firm is willing to incur the higher costs of purchasing or renting a green building for the purpose of providing their tenants or employees with a healthy workplace.
Similarly, respondents were not convinced that green buildings affect the health of employees (e.g. decrease the number of sick days) or improve their productivity. Interestingly, as many as 72% of respondents agreed that green buildings can improve the attractiveness of the firm in terms of obtaining or maintaining employees. This would imply that firms understand green buildings as modern and attractive but they are not aware of the full scope of benefits delivered by these buildings, such as occupant health and wellbeing.
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Analysing the sustainable construction market in Poland
Interestingly, respondents turned out to be more aware of the beneficial effects of green buildings on the health and productivity of employees when asked to assess specific factors such as: • • • • • •
daylight, fresh air, presence of plants, operable windows, adjustable indoor temperature, or presence of ergonomic furniture.
In this case the vast majority stated that those properties have a significant impact on health and productivity, with daylight (94%) and fresh air (95%) among the most recognized features in that respect.
The fact that respondents were not convinced that green buildings affect the health and wellbeing of employees when asked this statement outright, but responded positively once the green building attributes affecting health and wellbeing were presented in detail, further proves that there is still low awareness regarding the full scope of attributes that are considered in green building. This also links to a lack of accessible green building data on the market.
„No one would dispute that a good indoor environment has a positive influence on the health, wellbeing and productivity of employees. However, in order for employers to make that case they need data and evidence to aid in their decision making. Gathering this data is much more complicated than comparing energy efficiency of buildings. It requires complex and time consuming investigation and analysis of ergonomics, psychology, medicine and many other factors... That is the next challenge!” Jarosław Kujawa Director, BuroHappold Engineering
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Perception of developers
All developers were aware that the certification process should start at the early stages of construction (i.e. pre-design stage or design stage). However, only 55% selected the pre-design stage (i.e. land selection), where the process is best placed to begin. According to developers, the design and construction of a sustainable building costs more in comparison with a similar building without certification. Most developers (62%) indicated the increase in costs to be between 2 and 10% and none of them believed theses costs to be higher than 20%.
How much more, do you think, design and construction of a green building costs in Poland in comparison to a similar non-certified building?
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Analysing the sustainable construction market in Poland
When asked to rate the impact of three possible reasons presented for this increase in costs, 87% of developers indicated that the application of modern technologies is a significant factor, 66% indicated that costs associated with sustainable construction materials are a significant factor and 58% indicated that the costs of hiring experienced professionals to lead the process of designing and constructing a green building are a significant factor. When asked if the increase in design and construction costs was recovered during the use phase (i.e. through lower maintenance costs) 61% of respondents answered yes, while 21% indicated that they do not know. Majority of developers (76%) also expect that these costs will decrease in the future which means that they do expect the market to be moving in this direction in the longer term.
Do you believe that higher design & construction costs of a green/sustainable building are offset during occupancy phase? (i.e. lowered operating and maintenance costs)
No
No
I don’t know
I don’t Yes know
Yes
Do you see that price premium of design and construction of a green/sustainable building decreasing over time?
No
No
I don’t know
I don’t Yes know
Yes
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Perception of investors
When investors were asked to rank the effect of the following factors on profitability of an investment: • • • • •
delays in construction, legal changes necessitating the introduction of higher standards, changes of tenants’ preferences, extreme weather conditions resulting in higher costs of maintenance and insurance, rising energy costs.
94% of respondents marked changing tenants’ preferences as the strongest factor to play a role. Delays in construction came in second at 88%.
Regulatory changes ranked third at 82%.
While rising energy costs and extreme weather conditions came in last at 66%...
... and 56% respectively.
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Analysing the sustainable construction market in Poland
Surprisingly, the majority of investors are not convinced that sustainable investments operate better on the market and bear lower risk. Only 40% of investors confirmed this relationship. According to investors, the key indicator verifying the sustainability of a property is green building certification from an independent organization - 46% of investors chose this over life cycle cost analysis, payback period or internal analysis.
Yes
This shows that although survey participants on a Not necessarily whole were not convinced that certified properties I don’t know yield the benefits of green building features, this continues to be the most reliable indicator for investors. It is also worth noting that 26% of investors selected life cycle cost analysis as the key indicator which shows a growing consideration of the long-term effects of sustainable construction. What, do you think, is the key metric for measuring the level of sustanability in properties?
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Summary
When comparing the survey results to the trends outlined in the global “Business Case for Green Building” report:
In Poland respondents also believe that sustainable buildings reduce operating costs and long-term maintenance costs. The main characteristics of sustainable buildings and their benefits in Poland are associated with reduced utility costs, especially as related to energy.
Unlike in some of the more mature markets, in Poland, awareness of the affects of sustainable building features on the health and productivity of employees is low. More awareness is needed regarding the role of green building certifications on the market and how they equate to benefits and value.
The case is still to be made that green buildings in Poland attract tenants more easily or that they command higher rent or sales prices. However, this is likely due to the fact that certified buildings have only appeared on the Polish market over the last few years and this information is not readily tracked yet.
„The findings from the survey support the rising interest in the subject of green construction in Poland. Our country has potential but we still have a lot of work to do. I hope that this analysis will significantly improve the awareness around sustainable construction. I hope that this increase in awareness will translate into everyday practice of sustainable construction, and that building certification will become an actual and reliable confirmation of the ecological character of a building.” Karolina Krzyżanowska New technologies consultant, Imtech Polska Sp. z o.o.
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Analysing the sustainable construction market in Poland
According to developers, there is a cost premium on designing and constructing green buildings in Poland of between 2 to 10% resulting mainly from the costs of application of modern technologies. While respondents indicated a willingness to pay only up to 5% more for the construction, purchase or rent of a green building.
There is a lack of certainty among investors whether a sustainable investment operates better on the market and bears lower risk. However, investors are looking to green building certification as an indicator of the level of sustainability of a property.
The low awareness of market participants regarding the aspects presented above likely results from the lack of accessible data that would confirm the benefits of green construction, or the asset value of sustainable buildings.
“For SPIE Polska (previously known as HOCHTIEF Facility Management Polska), the results of the report confirm our own analyses regarding operating costs, as well as our observations and experience associated with the awareness of the subject matter of sustainable construction - both in and out of the real estate sector. Although the first stage of the report only touches the tip of the iceberg, today we already see how much effort must be invested into generating objective numerical data connected with the profitability of investments into green construction at different stages of the life cycle of a construction project, and for different participants in the market. The importance of the subject is clear for us and that is why, without hesitation, we participate in this project and share our experience, something that we try to promote both among investors and tenants - without whose initiative and support it would not be possible to prepare the subsequent analyses of the Polish reality of sustainable construction.� Malgorzata Wilczek Sales and Marketing Director, SPIE Polska Sp. z o.o.
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But it is also important to take into consideration that the green building market is still very young in Poland. To date, companies have primarily collected this kind of data independently, mostly for internal purposes, but now there is a growing interest to bring that data together and assign some quantitative measures for the costs and benefits of sustainable construction in Poland.
Although awareness of the specific benefits of sustainable buildings is still low, and certificates are not perceived as a guarantee of those benefits, the market is confident that sustainable development is the future.
„For Skanska, participating in the report is another step forward in raising awareness and education around sustainable building. Operating on the Polish market for 20 years now, we have observed an enormous change in the perception of tenants, investors and local government when it comes to green buildings. The results show a clear directional change towards sustainability and we strive to undertake only activities that are in line with this direction. We are still some years away from having a large enough sample size of sustainable buildings on the market that would allow for the kind of performance data analysis that has been produced in other markets but this is still ahead and we must start now. The knowledge gathered in this report strengthens our understanding of the current perceptions on the market when it comes to sustainable building and will allow us to compare these perceptions to actual data in the next stages of our research. Again, we are thrilled that so many companies took part in the report and were keen to share their experience. Only through such cooperation will we be able to overcome the challenges in driving modern investments.� Waldemar Olbryk Managing Director, Skanska Property Poland
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Acknowledgements
Without the support of the Construction Marketing Group and the project partners this research would not be possible. We would especially like to thank the following individuals for their engagement in this research: Aleksandra Wasilewska, Colliers International Agnieszka Winkler, Colliers International Agnieszka Luścińska, Colliers International Jerzy Wójcik, Colliers International Robert Karczewski, Hill International Katarzyna Suszyńska, Imtech Polska Karolina Krzyżanowska, Imtech Polska Mateusz Polkowski, Jones Lang LaSalle Ewa Zwardoń, Philips Lighting Poland Andrzej Michalik, PRC Architekci Irena Pichola, PwC Ewa Solarz, PwC Paulina Kaczmarek, PwC Mateusz Walewski, PwC Devin Saylor, Skanska Małgorzata Wilczek, SPIE Polska Marta Lenarczyk, SPIE Polska Dominika Czerwińska, World Green Building Council James Drinkwater, World Green Building Council Special thanks goes to Katarzyna Maryniuk for coordinating this project in the name of the Construction Marketing Group as well as Ewa Sobczak for graphically designing this report in the name of BuroHappold Engineering. We would like to additionally thank SPIE Polska for providing English translation of this report.
Analysing the sustainable construction market in Poland
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Construction Marketing Group
CONS TRUC TION MAR K E TING GROUP
Construction Marketing Group is an initiative founded by companies from construction and commercial real estate sector. The group brings together people involved in strategic marketing, business development and communication. CMG’s mission is to undertake activities aimed at networking, building and promoting the strategic role of marketing in the construction and commercial real estate industry; educating the industry in terms of sustainable development, integration in dialogue with policy makers and professional development of the group members. Described by our clients as ‘passionate’, ‘innovative’, ‘collaborative’: BuroHappold Engineering is an independent, international engineering practice that over the last 40 years has become synonymous with the delivery of creative, value led building and city solutions for an ever changing world. Having worked on every continent, our clients include more than 90% of the world’s leading architectural practices and we have collaborated with global organisations such as the United Nations, The World Bank and UNESCO. Through our global community of driven, world leading engineering professionals we deliver elegant solutions for buildings and cities that seek to address the major problems facing societies today. Follow us @burohappold and find out more at www.burohappold.com. The office in Poland was established in Warsaw in 1997 and currently employs over 90 engineers. Delivering technically robust, effective, economic and future proofed solutions, BuroHappold Poland helps the clients in Central and Eastern Europe, Russia and beyond to achieve the best business results from their projects.
Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world. Colliers International has been active in the Polish market since 1997 and operates through offices in Warsaw, Kraków, Wrocław, Poznań, Szczecin and Gdańsk with over 200 employees in total.
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Philips Lighting is the leading provider of lighting solutions for Office, Retail, Warehouse, Hospitality, Outdoor and others. For these segments the company provides a wide range of offerings from across the entire lighting value chain - from light sources, luminaires and lighting controls to lighting solutions and services. An important aspect of lighting development is the reduction in energy consumption, which translates into lower levels of harmful carbon dioxide emissions. Lighting is responsible for 19% of the world’s total energy consumption. Philips goal is to develop energy-efficient solutions that are more efficient and designed in line with the sustainable development principle. Philips Lighting in Poland means 90 years of tradition. The company employs more than 6 thousand people at 4 manufacturing sites in Poland. It is one of local largest exporters, and the total of value of Philips’s investment in Poland exceeds 500 million euro.
Builder (www.ebuilder.pl) - established in 1996, leading monthly magazine for construction, architecture & business.
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The following firms participated in the survey publicly:*
• • • • • • • • • • • • • • • • • • • • • •
Allcon Investment Spółka z ograniczoną odpowiedzialnością S.K.A. ARCADIS Sp. z o. o. Atlas Sp. z o. o. Avestus Real Estate Sp. z o. o. Bank BPH Bank Zachodni WBK S.A. BlackRock Bouygues Immobilier Polska BUMA INWESTOR CEMEX Polska Centrum Handlowe Sukcesja Det Norske Veritas Poland Real Estate Sp. z o. o. DTZ Polska Sp. z o. o. Echo Investment S.A. ecoville Sp. z o. o. EURO STYL Sp. z o. o. S.K FBserwis GPP Business Park Grupa Capital Park Hammermed Sp. z o. o. Nieruchomości Sp. K HB Reavis ING Bank Śląski
• • • • • • • • • • • • • • • • • • •
KNIGHT FRANK LHI Sp. z o. o. Netia NOWY STYL GROUP OKAM CAPITAL Sp. z o. o. Provident Polska S.A. REINO Partners Rezydent S.A. Sanitec Koło Sp. z o. o. Siemens Sp. z o. o. Schneider Electric Stena Recycling Sp. z o. o. TDP Sp. z o. o. Thomson Reuters TPS Reapolis TUP S.A. Turner & Townsend Unidevelopment S.A. Zumtobel Light.
* Out of 115 responses, the above listed companies wanted to be publicly recognised.
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Analysing the sustainable construction market in Poland
Contacts
Construction Marketing Group cmg@burohappold.com Katarzyna Chwalbińska-Kusek, BuroHappold Engineering katarzyna.chwalbinska-kusek@burohappold.com
Ewa Zwardoń, Philips Lighting Poland ewa.zwardon@philips.com
Aleksandra Wasilewska, Colliers International aleksandra.wasilewska@colliers.com
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cmg@burohappold.com