DRI has confirmed the completion of its 126 MWp Văcărești solar park in Romania, marking its fourth major renewable energy project in the country. This latest development pushes the company’s total operational capacity in Romania to nearly 300 MWp within just three years. The facility is expected to generate enough clean electricity to power roughly 50,000 homes while cutting carbon emissions by more than 48,000 tonnes annually.
Meta Estate Trust has reached a new milestone with the opening of Retail Park Ciolpani on the DN1 highway. This €2 million development is the first in the company's portfolio to produce regular rental income. With a gross leasable area of 2,650 square metres, the park features international retailers and a long-term lease structure. The site is expected to generate up to €385,000 in annual revenue at full capacity. It also includes green technology such as electric vehicle charging stations to align with environmental goals.
PowerBank Corporation has announced the commercial operation of its first 1.45-megawatt rooftop solar project in Calgary, Alberta. Developed for Fiera Real Estate, the project serves as a pilot for future renewable energy initiatives within Fiera’s global portfolio. The installation will sell power to the local grid while generating carbon offsets through provincial environmental systems.
Barings has successfully acquired Tazzoli 6, an 11,000 sqm office building in Milan's highly sought-after Porta Nuova district. The deal was executed via an Italian real estate fund managed by Savills IM SGR. This acquisition marks Barings' seventh office investment in Milan and highlights their commitment to the city’s central business district.
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