Passerinvest portfolio largely aligned with EU taxonomy standards

Passerinvest Group has completed an assessment of its office portfolio in cooperation with EY, evaluating compliance with the EU taxonomy framework for sustainable investments.

The review covered assets in the Brumlovka and Nové Roztyly districts of Prague. According to the company, 92 percent of the buildings assessed meet the criteria set out under the European classification system. This equates to approximately 200,000 sqm in Brumlovka and a further 23,000 sqm in Nové Roztyly.

The remaining portion of the portfolio consists of a single building that is scheduled for refurbishment to achieve the same environmental standards. Passerinvest stated that similar sustainability criteria are being applied to projects currently under development, including the Hila mixed-use scheme in Brumlovka and the Sequoia office building in Nové Roztyly.

Commenting on the process, Eva Vyskočilová said the scale of the assessment is notable within the Czech market, adding that the use of detailed data allows the results to support both regulatory reporting and long-term sustainability management.

The EU taxonomy provides a standardised framework for defining environmentally sustainable economic activities and is increasingly used to guide investment decisions, financing, and asset management strategies across the European real estate sector.