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How does Cofinimmo stimulate the

innovation spirit of its employees in the

area of sustainability?

J.-E.C.

We set up working groups

composed of twelve people in the

company who meet every two years

during four months. Their mission is

to identify innovative elements within

our products, namely buildings and

related services. However, innovation

can also emerge from the company's

different departments. Afterwards, the

proposed ideas are implemented. In

this way, sustainable alternatives for

traditional offices, such as Flex Corners®

and Lounges® were created for a new

generation of tenants.

The notion of sustainability in renova-

tions or new constructions is the prime

concern for Cofinimmo. How do you

differentiate yourself in this regard?

Jean-Edouard Carbonnelle

We are

active on several fronts: sustainability,

in the broad sense, and environmental

protection. Real estate is a large energy

consumer. When Cofinimmo thinks about

energy, it concerns not only consumption

but also a building’s overall life cycle. 74 %

of the energy used for new constructions

is directly related to the building’s

materials. We keep this fact in mind when

considering sustainability of buildings

we bring onto the market. This is an

automatism within our teams.

Jacques van Rijckevorsel

Our

reflexions cover three elements: the real

estate concept, its location included,

sustainability (in particular, through the

selection of materials) and its recycling.

We approach this last element in the

same way as the automotive market

where each part of a car needs to be

recyclable. When we refurbish or convert

a building for other usage, we make our

best efforts to mitigate the environmental

impact of our activities, in the field of

both our buildings’ performance and

the recycling of materials used in our

buildings’ refurbishment.

What are Cofinimmo’s practices to limit

its environmental footprint?

J.-E.C.

Whatever its age, one can

always apply small changes to improve a

building’s energy balance. We pay extra

attention to this fact. Motion detectors

connected to the lighting system is

a good example of a cheap but very

profitable investment.

J.v.R.

In addition to maximise

buildings’ energy performance, which we

focus on, we also seek to give a second life

to materials and equipment of buildings

we refurbish. In this context, we work

together with a number of companies

and associations.

In consequence, Cofinimmo’s future is

based on the life cycle axis, an approach

to give an obsolete building new life.

How does this work?

J.-E.C.

Sometimes, the use of our

buildings evolves. This is also part of

their life cycle. When a neighbourhood

changes or when opportunities to

complement them arise, we convert our

buildings for another use. We reallocated,

for example, an office building in Woluwe-

Saint-Lambert/ Sint-Lambrechts-Woluwe

into a nursing and care home. We make

every effort to keep construction elements

in the building and try to find new market

opportunities for materials that don't fit

into the building’s refurbishment.

What role does a company like

Cofinimmo play in the future of urban

centres?

J.-E.C.

Cities are changing constantly.

Our role is to improve the citizens’ quality

of life by developing green areas and

shared or assembly areas. The actual

trend is to create mixed spaces within

premises, such as a combination of shops,

offices, hotels. Cities such as Paris, London

and Amsterdam gave the example and

Brussel should follow. The optimal city

theme is at the heart of all town planners’

reflections. Debate topics comprise the

ideal distance or the increase in height

rather than in width.

“WE ASSESS THE

ENERGY CONSUMED

DURING THE BUILDING'S

OPERATION, BUT ALSO

THE ONE USED FOR

ITS CONSTRUCTION

AND, ONE DAY, FOR ITS

DEMOLITION.”

JEAN-EDOUARD

CARBONNELLE,

CHIEF EXECUTIVE OFFICER