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The "Zero Emission" Building Energy Requirement Arrives by 2028 – What Does It Mean for Building Services Engineers?
2028-ra érkezik a „zéró emissziós” épületenergetikai követelmény – mit jelent ez az épületgépészeknek?
Áron Szőts
7 days ago7 min read


Case Study: Lessons from a Sustainable Logistics Property - The Rossmann Üllő Distribution Centre Project
When assessing logistics properties, factors such as location, technical standards and tenant structure are increasingly being considered alongside the building’s energy and water consumption, operating costs, environmental impact and broader ESG considerations. These factors can have a direct impact on a property’s long-term competitiveness, financing potential and ability to retain its value. A strong example is Rossmann’s 39,000-square-metre logistics centre in Üllő, compl
Áron Szőts
Aug 284 min read


Are real estate properties built today prepared for the climate of 2050?
Climate risk is increasingly becoming an operational risk We design a building for decades, while the climatic and infrastructural conditions under which it must operate change much faster. Temperatures above 40 °C in Hungary are no longer merely a future scenario. Prolonged heatwaves put an increasing strain on energy supply and building services systems. Prolonged drought in certain regions can lead to water supply problems, which are then ended by rain and intense storm
Gergely Kovács
Aug 185 min read


BREEAM Refurbishment V7: What You Need to Know About the New Scheme
BRE officially published the BREEAM Refurbishment V7 manuals. Based on an initial review, the new version is not merely a minor update, but includes significant revisions across several areas compared to the previous BREEAM International Refurbishment and Fit Out 2015 (RFO) scheme. Key changes: Scheme Split: The previous BREEAM Refurbishment and Fit Out (RFO) scheme has split into two separate certification schemes: BREEAM Refurbishment V7 – for full or major building refurbi
Gergely Kovács
Aug 112 min read


A New Era for Green Buildings: LEED v5 Has Arrived
New projects can still be registered under LEED v4 and v4.1 until June 30, 2027 In today's global real estate market, it is no longer enough to describe a building as simply energy-efficient or sustainable. Investors, lenders, and tenants increasingly require verified, comparable data on a building's energy performance, carbon emissions, climate resilience, and occupant well-being. LEED certification provides one of the world's most widely recognized frameworks for evaluating
Gergely Kovács
Jul 233 min read


Greenbors Innovation Driving Sustainable Construction: Sustainabot Shortlisted for the BREEAM Awards 2026
Since its founding, Greenbors Consulting has been committed to making sustainability and green building certification processes more efficient, transparent, and commercially valuable for its clients. One of the company's most significant achievements in this mission is Sustainabot, an AI-powered digital assistant developed two years ago in collaboration with our technology partner, E-worker Technologies. We are proud to announce that Sustainabot has been shortlisted for the D
Gergely Kovács
Jul 12 min read


Hungary's Green Real Estate Sector, the Challenges Facing Market Participants, and the Importance of Sustainability Consulting – An Interview with Gábor Szarvas, Outgoing President of HuGBC
One of the key messages of Greenbors Consulting's second business breakfast was that green real estate is no longer merely a technical or certification issue, but also a business, financing, and risk management consideration. Based on this, how do you assess the Hungarian market? Today, there are several different approaches to defining what constitutes a green building. International certification schemes coexist with the EU Taxonomy, while energy performance certificates, c
Gergely Kovács
Jul 14 min read


EU Taxonomy Climate Adaptation: A New Era in the Domestic Real Estate Sector?
The EU Taxonomy is no longer merely an optional compliance framework in the real estate sector; it has become one of the key pillars of the European Union’s sustainable finance architecture. The Taxonomy serves as the EU’s common classification system for determining which economic activities can be considered environmentally sustainable. Based on the direction of EU regulation, it is becoming increasingly clear that the framework will become an unavoidable factor for the rea
Gergely Kovács
Jun 162 min read


EU Taxonomy as a Business Opportunity in the Real Estate Market
Challenges and Opportunities in Sustainable Real Estate Financing Greenbors Consulting's second business breakfast of the year explored from a practical perspective how the EU Taxonomy is expected to reshape the logic behind real estate development, financing, and investment decisions. The collective takeaway from the presentations, expert panel discussion, and a survey conducted among the professional audience is that the EU Taxonomy is increasingly being viewed as a busines
Gergely Kovács
Jun 125 min read


How can we filter out greenwashing from sustainability promises?
The EU Taxonomy Regulation answers exactly this: it has created a common, science-based framework that provides a uniform methodology for financial and market players to identify their sustainable projects. In the real estate sector, this is particularly important, as the eligibility for financing, long-term value preservation, and risk assessment of developments are increasingly influenced by ESG expectations. The system focuses not only on energy performance, but also exten
Gergely Kovács
Jun 111 min read


The End of Greenwashing
Why John Elkington—the architect of the Triple Bottom Line—stepped back from his own framework, and why the future of corporate sustainability now points beyond compliance toward regenerative business. For years, corporate sustainability was built around reporting, checklists, and incremental improvement. However, this compliance-centric model has visibly reached its limits and is now breaking down. Sustainability consultants are often criticized for relying on overly abstrac
Gergely Kovács
Jun 104 min read


The "Huxonomy" Approach in Green Financing
In the domestic market, relatively little is said about the "Huxonomy" approach. However, the MNB’s (Central Bank of Hungary) renewed Green Capital Requirement Discount Program continues to allow certain projects to access favorable green financing schemes through a simplified compliance pathway, rather than the full application of the EU Taxonomy. One of the greatest advantages of this structure is that, in certain cases, it can reduce the administrative burdens and the over
Gergely Kovács
Jun 21 min read


Green Light for Sustainable Real Estate: MNB Program Extended and Expanded
In recent years, it has become clear that sustainability is no longer merely a reputational issue in the real estate market; it is increasingly a defining factor in financing viability, asset value, and long-term competitiveness. Demand from both investors and tenants for green-certified or ESG-compliant properties is on the rise, while financiers are also showing a growing preference for projects that meet sustainability expectations. In Hungary, the Green Capital Requiremen
Gergely Kovács
Apr 23 min read


Zero-Emission Buildings– the (near) future standard everyone needs to understand
“A Zero Emission Building (ZEB) is the defining building energy standard of the near future, which all market participants—developers, owners, tenants, investors, and financiers—must understand and apply.” -emphasized Gábor Szarvas, Managing Director of Greenbors, during a panel discussion at MEHI’s conference titled “Guidance for the Hungarian Implementation of the Energy Performance of Buildings Directive (EPBD).” One of the key messages from the expert, who also contribut
Gergely Kovács
Mar 234 min read


Greenbors = BREEAM Market Leader in Hungary
Greenbors further strengthened its market-leading position in Hungary’s rapidly growing BREEAM certification market in 2025. The year 2025 proved to be a milestone in the history of sustainable architecture and certification systems in Hungary. An analysis of the latest Market Snapshot reveals a trend that is particularly important to us at Greenbors Consulting: the meeting of demand for expertise and quality. Based on the latest data from GreenbookLive , we are proud to stat
Gergely Kovács
Mar 182 min read


How Can Real Estate Funds Become Sustainable Investments? – An Analysis of European Best Practices.
Greenbors Consulting has published a new study titled “How Can Real Estate Funds Become Sustainable Investments? – An Analysis of European Best Practices.” The aim of the research – as a continuation of our previous professional work – was to present the operation and development trends of sustainable real estate funds through European examples. “As the energy efficiency of buildings becomes increasingly important in the context of climate change, the issue of responsible inv
Gergely Kovács
Mar 124 min read


Real Estate Market Players May Fall Behind: A New Financial Risk Management Tool Has Arrived
Those registered under the previous BREEAM V7 version have only a few years left. Based on domestic and international market data, buildings with green certification achieve higher rental income, better liquidity, and lower financing costs, while outdated, uncertified properties may lose as much as 15–30 percent of their value. Sustainability is therefore no longer a marketing tool but a key factor in asset value and returns. From February 2026, a new era begins in the commer
Gergely Kovács
Feb 242 min read


District heating is not a thing of the past, but a surprisingly important part of the future zero-emission buildings – interview with Gábor Szarvas
In the Hungarian real estate market, attraction to and distrust of district heating appear simultaneously, mostly due to widespread misconceptions. Although many still associate it with outdated systems, district heating is one of the most common and sustainable heating solutions in Europe’s most environmentally conscious countries. The EU has set the goal of achieving a zero-emission building stock by 2050, which means increasingly strict energy-efficiency and fossil-fuel ph
Gergely Kovács
Nov 24, 20252 min read


Big changes are ahead for the Hungarian real estate market - Interview with Gábor Szarvas
In the coming years, the Hungarian real estate market will undergo major transformations. The driving force behind this is the new,...
Gergely Kovács
Sep 10, 20252 min read


Green Light for Greener Buildings: BREEAM New Construction V7 Is Here — And Greenbors Is Ready
The internationally recognised sustainability certification scheme, BREEAM, has released a major update to its New Construction standard....
Gergely Kovács
Aug 25, 20253 min read


Junior Energy Consultant - Join the Greenbors Team
Junior Energy Efficiency Consultant – MSc in engineering (energy eng., electrical eng. w/ energy spec., architect w/ building energy spec. or related). Advantage: energy efficiency/sustainability studies. Graduate or 1–2 yrs relevant exp.; advantage: green building certs, energy audits, EQR, calcs, ISO 50001, renewables. Skills: energy efficiency basics, renewables, analytical, precise, reliable, communicative, team, learning, MS Office; advantage: WinWatt, Auricon, LCA, EDGE
Gergely Kovács
Aug 19, 20251 min read


Junior Green Building Consultant - Join the Greenbors Team!
Junior Green Building Certification Consultant – Technical/scientific degree (civil eng., architect, env. eng., natural sciences). Graduate or 1–2 yrs relevant exp.; green building/certification exp. an advantage. Skills: analytical, problem-solving, precise, reliable, independent, good communication, teamwork, client focus, openness to learning/tech/regulations, confident MS Office knowledge.
Gergely Kovács
Aug 19, 20252 min read


Hungarian AI Development in the Green Building Certification Market
Among global economic trends, two stand out due to their overall impact: the increasing importance of sustainability and the growing...
Gergely Kovács
Aug 4, 20252 min read


Greenbors – 5 Years at the Forefront of Sustainability
Sustainability that brings social value and business success In June 2025, we celebrated our fifth anniversary. From a small professional...
Gergely Kovács
Jul 10, 20252 min read
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