Garanti Bank finances One Herastrau Park, the first green home certificated residential project of Bucharest

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Garanti Bank, the local subsidiary of Turkish Garanti Group, prolongs its partnership with One United Properties, important real estate developer in Bucharest, as a press release informs.

One Herastrau Park is the first residential complex in Bucharest with “Green Homes” certification, Excellence level, from Romania Green Building Council. The complex was chosen the residential project of the year in Romania in 2017, by the Construction and Investment Journal (CIJ), within the CIJ Gala Awards. The company was also given the prize Best Residential Developer of the Year in 2017 at CIJ Gala Awards. One United Properties projects were awarded for sustainability at Forbes Green Awards 2017,  the event that brought together the most influential business leaders, when several companies and organizations that meet or exceed the standards of social and environmental responsibility, gathered together to celebrate their green projects. The company was also awarded Sustainable Company of the Year at Romanian Green Building Council Awards 2017.

Garanti Bank started its collaboration with the real estate company in 2009, contributing to their promise of accelerating the adoption of building practices that result in energy-efficient, healthier and environmentally sustainable buildings. Since the beginning of this  partnership, Garanti Bank granted One United Properties loans in total amount of more than 30 million EUR, the financing being used for developing premium sustainable residential compounds.

“We are delighted to be part of initiatives that bring a better tomorrow. Moreover, we believe in longtime partnerships, this being the case of our relation with One United Properties. They were just in the early stages of this business when we started our collaboration. Now, they are one of the key players in the high-end residential market. We have trusted  the sustainability of their projects”, stated Bilge Demirer – Commercial & SME Banking Director, Garanti Bank.

Earlier this year, Garanti Bank has become a member of the Romanian Green Building Council (RoGBC), confirming the financial institution’s commitment to support sustainability in the construction and real estate industry in Romania.

 

 

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