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Tag: parklake

  • Sonae Sierra has achieved a 5 Star Rating in the 2019 GRESB Benchmark

    Sonae Sierra has achieved a GRESB 5 Star Rating in the 2019 GRESB Real Estate Assessment, with a Green Star status for the 9th year in a row. This is the highest GRESB Rating and a recognition for being an industry leader.

    Each year GRESB assesses and benchmarks the environmental, social and governance (ESG) performance of real assets worldwide and monitors the sector’s progress towards global sustainability goals. GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of real asset investments and are aligned with international reporting frameworks such as GRI and PRI.

    „We can’t solve global problems without a global benchmark to show us where we stand and how far we need to go. That’s why we are pleased to announce another increase in GRESB’s benchmark coverage and congratulate all 1,505 companies, funds and assets that reported on their ESG performance this year,” says Sander Paul van Tongeren, Co-Founder and Managing Director at GRESB.

    „You are the leaders of this movement and it’s your commitment to ESG integration and reporting that is paving the way for a more sustainable real asset industry.” says Sander Paul van Tongeren, Managing Director at GRESB.

    Pedro Caupers, Investment and Asset Management Executive Director at Sonae Sierra says „the recognition of Sierra Fund as one of the most sustainable worldwide investment vehicles proves that our commitment to sustainability bears fruit in the most tangible way, placing us at the forefront of other equally committed players in the real estate market. All in all, through sustainability we are consistently creating value to both our clients and our communities”.

  • ParkLake Bucharest celebrates 3 years serving local community

    ParkLake, a Sonae Sierra shopping centre, celebrates three years of operation this September. Rapidly after opening, ParkLake became more than shopping to its community, by offering innovative experiences and combining the adjacent park with its retail and services.

    In 2018, ParkLake opened the doors for a new Passport Office in Bucharest in a 500 m2 space with 17 service desks.

    With its opening, ParkLake also created a new space linking the park, with seasonal sports, large events and entertainment activities. To expand the experience of the park and support its themed architecture and landscape, more than 250 new trees were planted, linking the shopping centre to the park. Inside the centre, you can also find open-air children playgrounds, and a large atrium for seasonal events. This is still unique in the city and places the community at the centre of ParkLake’s activity.

    During the construction ParkLake has had between 500 to 2.000 workers on site along the different phases of development, and additionally it created approximately 2.000 new direct jobs after the opening, for its daily operations.

    ParkLake is the first shopping centre in Romania to receive an ICSC recognition for best large centre development. The ICSC award recognises the outstanding quality of ParkLake’s retail space of 70,000m2 GLA, with more than 200 shops, including 23 restaurants, a multiplex cinema and underground parking for up to 2,600 cars. It is the most awarded Centre in Romania, having received other prestigious national and regional awards.

    „Three years after the opening of ParkLake in Bucharest, we are happy to see that our efforts to offer visitors an impressive shopping experience are still a success. Every year we look to provide the most thrilling international trends in the sector and build a comfortable leisure and social destination for the whole community”, states Catalin Cucian, ParkLake Shopping Centre Manager.