Green building performance contributes directly to asset value, operational efficiency and tenant well-being. Certification signals quality and drives alignment with investor, tenant and regulatory expectations across all markets.
We apply for environmental or health and well-being building certifications based on asset type and investment life cycle.
For new developments or redevelopments across all types of sites (greenfield or brownfield), we obtain green building certifications during the development phase. We seek to attain the highest building certification level where practical and aligned with project objectives.
Our Responsible Investment Policy requires ESG due diligence for all new acquisitions, including technical and environmental performance and certification status. We prioritise certified assets or plan for post-acquisition enhancements.
We aim to obtain existing building certifications focused on operational sustainability. We regularly upgrade equipment and service levels or implement asset enhancement projects to achieve higher standards. The timing of equipment upgrades is planned based on asset and equipment life cycles to minimise waste and support efficient portfolio management.
Maintain 100% green building certification coverage(1)
(1)Green building certification includes environmental, health and well-being certification schemes. Portfolio includes retail, office and logistics assets, but excludes retail <40,000 sq ft by IFA and car parks. Newly acquired or developed assets have a 24-month grace period.