18 December 2014
Cegereal becomes France’s first 100% Green REIT
Cegereal has completed its Go Green project, thus becoming France’s first 100% Green REIT with a portfolio that has been entirely certified for its environmental qualities.
Its 32,000-sq.m.) Rives de Bercy building has officially been granted HQE Exploitation environmental performance certification by Certivéa, an independent organization. This certification of the last building in the Cegereal portfolio signals the completion – according to the initial schedule – of the Go Green project, which was launched in 2012.
The other complexes – Europlaza (52,000 sq.m.) and Arcs de Seine (45,000 sq.m.) – are the third and fourth sites in France to be certified compliant with both HQE Exploitation and BREEAM In-Use International Very Good standards.
These achievements are in line with the Cegereal management team’s commitment to conduct all operations in an environmentally responsible manner, an approach which recently earned the company Green Star status in the Global Real Estate Sustainability Benchmark (GRESB). The GRESB recognized Cegereal – in its first appearance in the ranking – as a benchmark property company in the areas of responsible management and sustainable development.
Raphaël Tréguier, Cegereal’s Chief Executive Officer, said:
“We are very pleased to have successfully completed the Go Green program, thanks to the active involvement of our tenants as well as our partners. We thank them for their support and their shared enthusiasm for this project. France’s first REIT to have all the assets in its portfolio certified to HQE Exploitation environmental standards, Cegereal has been recognized for its real environmental impact and thereby crossed an important first threshold in its Corporate Social Responsibility policy. Building on this success, we are pursuing our CSR initiatives and announcing the launch of the “Upgreen Your Business” collaborative program with the goal of providing our shareholders and users with a modern property portfolio that continually delivers higher performance.”
Yxime & Arcoba advised Cegereal on these operations.
Listed on Euronext Paris since 2006, in compartment B, Cegereal invests in modern office properties located on the outskirts of Paris that offer very high quality amenities and environmental performance. The portfolio’s appraisal value, as estimated by independent valuers DTZ Eurexi as of December 31, 2013, is €900 million (replacement value).
|- December 29, 2014||Payment of an interim dividend of €0.75 per share|
|- February 13, 2015||2014 annual results (before start of trading)|
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