A strategic approach to sustainability

COIMA RES considers sustainability as an integral part of its business

24/7/2019

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The demand for real estate properties by the market is increasingly focusing on buildings with elevated environmental performances, able to combine a conscious use of natural resources with the well-being of the people who live there or work there.

The investment strategy of COIMA RES has integrated sustainability criteria and aims at creating a high quality real estate portfolio, with sustainable growth over the long term, favouring properties with potential for appreciation over time.

The investment decisions favour properties that have already obtained energy or environmental certifications (eg LEED) and are therefore already performing well or on buildings that have all the characteristics to achieve that level through targeted refurbishments.

The acquisitions made in 2018 concerned the Pavilion (property with LEED Gold certification) and the Tocqueville building. Tocqueville is a 10-storey office building in the Milano Porta Nuova area that in the next few years will benefit from the regeneration of the surrounding area along Via Bonnet. The building will also undergo a refurbishment that will allow the achievement of higher environmental performances.

The attention to the planning of activities in the managed portfolio is a prerogative of COIMA RES. The refurbishment and optimisation of the properties or the portfolio are assessed in detail from the Due Diligence in the pre-acquisition phases. In this phase, multiple scenarios are analysed that can range from the sole optimization to the complete refurbishment. The scenarios evaluated include technical and economic environmental analyses to identify the aspects of greater enhancement and risk mitigation.

The COIMA platform approach, in line with the best international best practices, is pioneering in the Italian market and has helped to strengthen the attention of operators in the sector with respect to issues related to the environmental performance of buildings, their energy management and the integration of the principles of circular economy in real estate.

Consult the sustainability section of the COIMA RES 2018 financial report