Expert Opinion on the Rise of BREEAM Certifications

Although the real estate market is currently showing signs of a slowdown, the number of green certifications continues to increase, highlighting how sustainability considerations are becoming more prominent—and it seems that investing in green properties is increasingly paying off. Our founding partner, Zsombor Barta MRICS, shared his insights on what could explain this trend.

While the number and volume of general construction and property development projects have declined, developments that take environmental awareness and ESG (Environmental, Social, Governance) factors into account are continuously growing. This trend shows that sustainability is no longer just a buzzword, but is becoming an essential criterion for market participants.

Within the BREEAM certifications, we are seeing a growing number of office and commercial buildings achieving a "Very Good" or "Excellent" rating, indicating compliance with high environmental and energy efficiency standards. According to 2024 data, numerous new projects—such as office buildings and mixed-use developments—have been certified, meeting the strictest sustainability requirements.

This progress aligns with the strengthening of global ESG guidelines, which are putting increasing pressure on investors and developers to pursue sustainable and responsible property development. In Hungary as well, it is clear that sustainability considerations are becoming an integral part of development strategies, as evidenced by the growing number of BREEAM certifications.

In summary, although the overall activity in the real estate sector has declined, sustainable developments are growing dynamically in Hungary. The 54% increase in BREEAM certifications between 2023 and 2024 clearly indicates that sustainability and ESG criteria are becoming increasingly influential in the local real estate market. This trend is expected to continue in the future, contributing to the emergence of a more environmentally friendly and responsible property sector.