

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.