“Sustainable value creation in harmony with the environment and society.”

 

As an international real estate company with over 20 years of experience, we see ourselves as a developer of sustainable growth and bear a special responsibility towards stakeholders, the environment and society. We invest in sustainable assets and develop real estate and retail space in responsible partnership with our tenants and the environment. Our aim is not only to offer a first-class shopping experience through our shopping centres, but also to contribute to regional value creation and quality of life. We are guided by our commitment to environmental protection, CO2 reduction and social responsibility in order to realize sustainable and future-oriented concepts.

 

“We are convinced that sustainable growth is only possible in harmony with people and the environment and must serve the interests of all stakeholders.”

Our sustainability strategy is an integral part of our corporate philosophy and shapes all aspects of our actions. We design all phases of our real estate projects to be environmentally friendly and resource-efficient, with the aim of continuously reducing CO2 emissions and increasing energy efficiency in order to achieve long-term climate neutrality. By using environmentally friendly technologies and complying with ESG criteria, we support the EU’s climate and environmental goals and are actively committed to a sustainable economy. Our projects are evaluated according to recognized certification systems such as BREEAM to ensure the highest environmental standards. As a trusted partner for our stakeholders, we are committed to responsible corporate governance and support international human rights, in particular through our participation in the UN Global Compact. Customer satisfaction and the well-being of our employees are at the heart of our activities and are crucial to our success.

KEY SUSTAINABLE ACHIEVEMENTS
- 15% CO2 emissions (compared to 2022)
- 7% energy intensity (compared to 2022)
- 6% water consumption (compared to 2022)
80% of properties equipped with LEDs
35 MWp photovoltaic plants installed
90% of all properties accessible by public transport

ESG

Our sustainability strategy forms the basis for our commitment in the areas of environmental, social and governance (ESG) and is based on eleven selected sustainable development goals (SDGs) of the United Nations. We focus on three key ESG areas in which we take our responsibility seriously and implement targeted measures to achieve global environmental and social goals. For effective management, we have set up an ESG committee made up of experts from various departments, which ensures the precise monitoring and continuous optimization of our sustainability strategies.

We act on 11 SDGs

OUR FOCUS

1. Investing in sustainable assets

We invest specifically in sustainable assets because we place particular emphasis on supporting the economy in an environmentally friendly way and actively contributing to the battle against global warming. As buildings are responsible for 30% of carbon emissions and 40% of energy consumption worldwide, we focus on significantly reducing the carbon footprint, consistently lowering energy consumption and strengthening the resilience of our portfolio to climate risks. 

 

2. Trusted partner for our stakeholders

In today’s business world, it is of great importance that companies assume not only economic but also social responsibility. As part of our corporate philosophy, we are committed to acting as a responsible partner for all stakeholders. Our commitment is not only aimed at the development and retention of our employees, but also includes promoting the health, safety and satisfaction of everyone connected with us. Our commitment does not end with our direct stakeholders. We are also committed to society and are actively involved in social projects and initiatives. 

 

3. Responsible corporate governance

Responsible corporate governance is the foundation for sustainable success and trust. As part of our governance strategy, we are committed to upholding the highest ethical standards and ensuring transparent, lawful business practices.

Other focus areas