Union Investment

The Prime Property Award showcases best practice

Sustainability is no longer an unachievable utopia, it is already built reality in many places in Europe, as demonstrated by the growing number of certified new builds each year. Certification offers a degree of transparency, but it is no guarantee that a property will enjoy commercial success.

 

Sustainability calls for a holistic view that embraces the entire lifecycle of a property. It is therefore important to raise awareness among tenants about how to use buildings in a sustainable way. “Green leases” are a step in the right direction. One of the biggest challenges, however, is posed by existing building stock. Refurbishment that takes sustainability issues into account opens up exciting opportunities, but at the same time presents huge difficulties.

 

While many organisations, associations and investors are still looking for the right formula, sustainability is already being successfully put into practice in numerous locations. The Prime Property Award showcases these best practices and presents compelling examples of forward-looking investment policy to a wider public.

 

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