5 key takeaways from ECSP’s webinar on the EU’s regulatory framework on sustainable finance and its impact on real estate

The European Union is creating a classification system for all sustainable activities to help direct all future investments to tackle climate change whilst also supporting Europe’s broader economic recovery and green transition. EU Taxonomy regulation is the first framework of its kind globally. Its emerging sustainable finance package is having a critical role in the future identification of future economic activities and the investments needed to support them. On 17

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BPIE defines steps to Paris-Proof retail property by 2050

Buildings Performance Institute Europe (BPIE), a leading independent think tank on energy performance of buildings, has published a roadmap for retail real estate to collectively reach 2050 net zero carbon emissions targets. With the built environment responsible for 36% of Europe’s total GHG emissions and as its largest energy consumer, the broader real estate sector faces systemic change. The retail property sector has an important role to play. The roadmap

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ECSP develops joint position paper on the EC’s initiative on shell entities

In Q1, 2022 the European Commission will adopt an initiative exploring the most suitable options to ensure that legal entities and legal structures in the EU without a substantial business presence will not benefit from tax advantages. Together with 11 other associations across the real estate investment, built environment, private equity and infrastructure sectors, ECSP has now published a joint position paper calling on the European Commission to rethink its

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A brave new retail world?

As the retail property sector starts to reengage following lockdown, digitalisation and decarbonisation are undoubtedly two main priorities. In his latest column for ACROSS Magazine, ECSP’s secretary general Joost Koomen looks at what challenges must be addressed to ensure a smooth digital and green transition. Access the full article here.

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ECSP helps the European Commission identify barriers to the retail sector’s green and digital transition

As part of the EU’s 2020 Industrial Strategy, the European Commission is planning the green and digital transition of 14 key industrial ecosystems for Europe. The European Council of Shopping Places was contacted to provide input on what it views as potential barriers in this transition for the retail sector, along with recommendations on how to address them. ECSP’s response is available here.

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Global tax deal is not enough

While we still need to digest and assess the full financial impact of the pandemic, Covid-19 has undeniably accelerated existing trends in the retail sphere. For years, online shopping had been on the rise, making retail business models increasingly omnichannel. But the pandemic has led to its definitive breakthrough, also reaching countries and communities where penetration had previously been more limited. In his latest column for ACROSS Magazine, ECSP’s secretary

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Evolving is already in the DNA of the commercial real estate sector

The pandemic has highlighted how the omnichannel shopping experience will become increasingly important to the European retail property sector. ECSP’s secretary general, Joost Koomen, spoke to Book a Corner, a digital solution that helps shopping centres digitalise their short-term leasing process, about retail property’s digital transformation and many other key issues impacting the sector. Access the full interview here.

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ECSP responds to the European Commission consultation on revising the Energy Performance of Buildings Directive

In the context of the European Green Deal’s ambition to achieve climate neutrality by 2050, the European Commission recently launched an open public consultation on revising the Energy Performance of Building Directive (EPBD). The European Council of Shopping places has answered the consultation, providing the retail property sector’s view on important issues linked to the directive and feeding into the Commissions’ preparation of legislative proposals for its revision. ECSP’s full answer is available here.

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10 key takeaways from ECSP’s webinar on buildings for a greener future

Despite the challenges of the Covid-19 pandemic, the climate emergency has not gone away. Europe’s real estate sector is facing rising expectations as the EU shines a spotlight on Europe’s largest energy user and GHG emitter. On 9 June, ECSP hosted the first of a series of events on ESG, inviting several senior experts to discuss what is on the broader sustainability agenda and what the retail property industry should

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