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„For sustainability<br />

reporting, you will need<br />

much more data in the<br />

future.“<br />

Manuel Oberaufner,<br />

IMMOunited<br />

stickers’ will become a requirement. Who<br />

hasn’t got – will have to stay outside”.<br />

“In the residential sector, however,” says<br />

Peter Vcelouch, lawyer and partner at Cerha<br />

Hempel, “you have to distinguish between<br />

new and old buildings. In old buildings, you<br />

know anyway that it looks different. If someone<br />

absolutely wants this location, this apartment,<br />

he may accept the lack of an energy certificate<br />

or a less favorable energy certificate.”<br />

Weaknesses<br />

However, the EU taxonomy also has weaknesses.<br />

The performance of the 15 percent premium<br />

properties in each local market is to be<br />

used as a general benchmark. “But how is this<br />

supposed to work without a register?” wonders<br />

Karl. “In Slovakia, this register already<br />

exists.” “It’s also difficult to prove the degree<br />

of improvement in refurbishment,” Schmidt-<br />

Mitscher adds to the discussion. Tailwind in<br />

terms of certification, comes from soaring<br />

energy prices. “Now everyone is really aware<br />

that sustainability also has a very massive<br />

economic aspect,” Karl says. The question<br />

arises, “Are there really already so many wellcertified<br />

residential properties that I really<br />

have a choice?” asks Scheibenpflug.<br />

Binding rules needed<br />

“I am sure that the topic of certification will<br />

increasingly affect us in the future, especially<br />

when it comes to building in the existing<br />

stock because we are already realizing today<br />

that the further sealing of the soil cannot go<br />

on. But for this to change, binding regulations<br />

are needed, and these must be adhered<br />

to,” says Anita Körbler, founder and managing<br />

director of trovato GmbH, during the<br />

Group C discussion.<br />

“I represent the provocative thesis asking,<br />

what will change? Probably nothing. Cer-<br />

„A good database<br />

is the basis of any<br />

certification.“<br />

Lukas Weinwurm,<br />

IMMOunited<br />

„Market participants hope<br />

for standardization from the<br />

EU taxonomy.“<br />

Franz Pöltl,<br />

EHL Investment Consulting<br />

<strong>MIPIM</strong> | <strong>2023</strong><br />

37

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