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26

\\ COFINIMMO \\

VALUE CHAIN

LONG-TERM EXPERTISE AND

SUSTAINABLE MATERIALS

We have implemented a high-quality LCA

1

approach. A study is carried out starting at the

building design (or reallocation) stage. Its purpose

is to take sustainable decisions upstream regarding

the construction principles (demolition or

refurbishment), the materials and the programme

of works (reuse of interior elements). It also takes

into account the further development potential of

the building. The method is backed by BREEAM

certification and the ISO 14001 standard

2

.

For all activities during our portfolio’s life cycle,

from office buildings, including our head

office, to all other building types, we have

an ISO 14001:2005-certified environmental

management system to formalise our projects with

environmental impact.

CONCRETE

EXAMPLES

VALUE CHAIN

WASTE

15.14 

tonnes

of materials

recovered

before demolition during the

redevelopment of the Quartz building (formerly Arts/

Kunst 19H)

RAWMATERIALS

15,355

m

2

of

recycled

carpet installed for rental renovations

BONDS

55

million EUR

Allocated amount, collected by

Green & Social Bonds

ACQUISITIONS

Realistic residual value assumptions

are made for

the valuation model of each acquisition based on the

asset’s morphology and location.

DESIGN

BREEAM ‘Very Good’ minimum

We have established a certification program aimed at

BREEAM for renovations and BREEAM In-Use for the

operation of our office buildings. We pursue a dual

objective with this certification scheme: on the one

hand, to continuously

improve

the

environmental

performance

of our buildings and, on the other hand,

to

promote

their

marketing competitiveness

.

CONSTRUCTION

Together with other tools such as BIM (Building

Information Modelling), LCA

1

enables the mapping of

buildings and the valuation and budgeting of all their

components.

MARKETING

20.4%

of offices covered by a Green Charter

We are convinced that owners and tenants have

a common interest, i.e. to reduce the environmental

impact of rented premises. We invite our office tenants

to sign a Green Charter, a long-term collaboration

agreement to

share

consumption data and put in

place actions to

reduce

consumption.

OPERATIONAL MANAGEMENT

Renewal of the ISO 14001:2015 certificate.

1

Life cycle analysis.

2

This is a new certification based on changes in the ISO 14001:2015

standard. Our new certification now includes acquisition and

redevelopment (Development), construction and refurbishment (Project

Management) and sustainable management (Property Management)

in all business areas of the portfolio.

Nursing and care

home Vivalys – Brussels

Decentralised (BE)

We began the final phase

of the conversion of this

building into a nursing

and care home at the end

of 2017. The architectural

concrete of the left and

right wings, typical of office

buildings in the 1980s, was

retained. A new central area

in glass and aluminiumwill

give the overall building

a more contemporary look.