LONDON, July 25,
2024 /PRNewswire/ -- Europi Property Group is pleased
to announce the successful environmental certification of another
asset within its pan-European future of office portfolio,
'CityBee'.
Following the acquisition in May
2023, local partner Kefren Capital Real Estate have been
working to reposition 'Circuit', a 13,082 sq m office
building, which was acquired with no environmental certifications
in place. The building is located in the Cornella de Llobregat area
of Barcelona, which is seeing
strong demand from occupiers across many sectors including
technology, engineering, pharmaceuticals and life sciences.
Following an initial phase of interventions targeting the
sustainability of operations within the building, in particular
reducing energy and resource consumption, the building has now been
certified 'LEED Gold'. This is the second highest rating possible
within the globally recognised 3rd party certification
platform. Further investment continues, including planned
improvements to Building Management Systems and upgrades to the
lobby and common areas.
With this achievement the JV has certified 100% of its portfolio
in Spain, demonstrating commitment
to ESG principles and creating a better working environment for
tenants.
A new website, www.citybee.work, has also been launched,
showcasing the CityBee platform's assets in the UK, Spain, Germany and Portugal. The 'Future of Office' strategy
targets key growth and innovation cities; focussed on high quality
and environmentally certified buildings, with easy occupier access
to amenities and public transport. A programme of improvements to
sustainability and amenity provisions continues across the
portfolio, with Circuit being the latest asset to be externally
certified.
Pelayo Primo de Rivera, CEO at
Kefren Capital Real Estate, said:
"This certification highlights our ongoing efforts to adopt
environmentally responsible practices in all our real estate
assets. We are proud to set the standard in the industry, ensuring
that our projects not only deliver economic value to our partners
but also positively impact the environment and the community.
Looking ahead, we will continue to build on this foundation,
striving to enhance our ESG initiatives and drive sustainable
growth."
James Tootell, Asset Management
Director at Europi Property Group, said:
"We are delighted with the proactive approach that Kefren have
taken in achieving this important milestone at Circuit. 71% of
CityBee assets across Europe are
now environmentally certified to a high standard, with the
remainder in the process of being certified.
"There remains strong occupier demand for sustainable workplaces
in great locations, so it is also pleasing to launch our new
CityBee website, providing occupiers with further information on
our approach across our pan-European office portfolio."
For further information please contact:
James Tootell, Asset Management
Director, Europi Property Group
E-mail: info@europi.se
Europi in brief:
Europi Property Group is a pan-European real estate investment
company with offices in London and
Stockholm, investing across all
sectors with a flexible investment strategy. Europi has completed
public and private transactions with a gross value of over
EUR 500 million since inception,
together with its network of local operating partners. By combining
a truly entrepreneurial, active ownership approach with focus on
social and environmental sustainability, Europi generates long term
value and positive impact for all stakeholders.
Kefren Capital Real Estate in brief:
Kefren Capital Real Estate ("KCRE") is a real estate asset
management company established in 2012 by Kefren Capital. KCRE
offers investors all the services necessary for the successful
execution of a real estate transaction: opportunity sourcing, asset
analysis, financing structuring, deal negotiation and asset
management. What differentiates KCRE from other platforms is its
co-investment capabilities, and its investment philosophy, based on
asset management from the owner's perspective and not simply as an
external manager. In the last 6 years, KCRE has closed more than
300,000 m2 of real estate transactions in Spain.
For further information please see:
https://europi.se/
https://citybee.work
https://kefrencapital.com/
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/europi-property-group/r/citybee-s-office-building-in-barcelona---circuit--has-been-certified-leed-gold--alongside-the-launch,c4017942
The following files are available for download:
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