Sustainability

Sustainability in the real estate sector


Sustainability

The topic of sustainability is defined by a variety of frameworks and interest groups in the real estate sector. Deka Immobilien therefore created a separate divisional sustainability strategy based on the Deka Group principles for sustainable corporate governance in order to lend the issue of sustainability appropriate significance in our Company.

Central elements and key points of our operating activities:

  • general reduction in CO2 emissions,
  • greater inclusion of green contract clauses in property, facility and lease agreements,
  • reduction of operating costs using sustainable management and energy renovations,
  • integration of environmental and social concerns and good corporate governance into processes related to real estate and fund management.

Open and transparent communication about our activities in internal and external media is another important element.

For a detailed report, please see the Deka Group Sustainability Report.

Acceptance of the BVI (German Investment Fund Association) guidelines for sustainable portfolio management and ZIA (German Property Association) industry code

By accepting the BVI guidelines for sustainable portfolio management and ZIA industry code, we document our commitment to sustainability using a continuous optimisation process. The goal of the guidelines and code is to increase the transparency and valuation of sustainability for real estate and real estate portfolios.

BVI guidelines for sustainable real estate portfolio management (in German)

ZIA sustainability in the real estate industry – code, reports and compliance (in German)

Further information on our memberships is available here:

Overview of our Memberships


Sustainable real estate

Certification of a large number of our fund properties is an important part of our commitment to sustainability. This focus on sustainability in the building sector is based on a comprehensive approach to the property life cycle using environmentally-friendly technologies, while ensuring profitability at all times. Property sustainability certificates allow compliance with sustainability criteria to be measured and compared based on nationally established and internationally recognised certification systems. These include, for example, the Building Research Establishment Environmental Assessment Method (BREEAM*), Leadership in Energy and Environmental Design (LEED®) and the German Sustainable Building Council (DGNB).

* BREEAM is a registered trademark of BRE (the Building Research Establishment Ltd. Community Trade Mark E5778551). The BREEAM marks, logos and symbols are the Copyright of BRE and are reproduced by permission.

62 percent of the portfolio is certified

Our holdings of certified buildings increased in 2016 to a certification ratio of around 62 percent of total Deka fund real estate assets at the end of 2016.

A total of 196 properties had a value of around EUR 18.6 billion, including 90 properties in Germany alone with a value of around EUR 6.3 billion.

Frankfurt am Main is the leader among German metropolitan areas.

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Rating confirms sustainability orientation

Certifications


“Kings Place” in London wins 2017 BREEAM Award

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The building itself is already unusual. Located directly on the Regent Canal in London, the property includes office space as well as a restaurant, art and event areas and a theatre. Building management received an “Outstanding” rating under the BREEAM In-Use rating system, achieving the highest score ever granted in the United Kingdom. The building implements a well-thought-out sustainability design with features ranging from showers for bicycle riders to support green travel, to a green roof to improve biodiversity.
“Kings Place” received the 2017 BREEAM Award in the Office In-Use category in March 2017.

BREEAM AWARDS 2017


“The Edge” in Amsterdam sets new sustainability standards

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Deka Immobilien’s “The Edge” property in the Zuidas district of Amsterdam is one of the most innovative buildings in the world. The building is designed with the path of the sun in mind, allowing around 1,800 m² of solar panels to be used in the façade and on the roof. The energy that is generated is used for charging electric cars and powering the geothermal system that provides independent heating and cooling for the building. The energy concept for the interior areas allows smartphones to be used to individually regulate the light and temperature at each workplace. “The Edge” received BREEAM New Construction sustainability certification with a rating of “Outstanding”, and in December 2014 achieved the highest score received so far for a sustainable office building anywhere in the world.
In 2016, “The Edge” office building won the BREEAM Award in the "Office New Construction" category.

BREEAM AWARDS 2016


“Skylight” in Frankfurt receives LEED® Platinum certification

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“Skylight” is one of the first office buildings in Frankfurt am Main to be equipped throughout with LED lighting with daylight-dependent regulation. This decreases power consumption by around 70 percent, which is the equivalent to reducing CO2 emissions by 190 tonnes a year. The property received LEED® Platinum certification.

Skylight


See our gallery for a selection of other certified “green buildings”.

OUTLOOK

Deka Immobilien will focus on deriving measures for the following areas in the next three years:

  • Creating an internal company infrastructure for implementing regulatory requirements under the German Climate Action Plan 2050 (Klimaschutzplan 2050).
    Further information: Climate Action Plan 2050.
  • Establishing sustainability as a method for optimising returns by increasing efforts to reduce costs, raise property market values and increase net rents. Sustainability is an important factor that creates added value, as shown by the academic meta-study “Nachhaltigkeit contra Rendite?” (Sustainability or Returns?) by IREBS.
  • Implementing sustainability in tenant management and increasing tenant satisfaction and loyalty by better integrating energy and property management.
  • Increasing awareness of the Company as a sustainable fund provider by promoting acceptance of responsibility for environmental, economic and social issues in the real estate industry. The Real Estate Asset Management business field should make sustainability more visible in order to improve sustainability-related ratings.
  • Strengthening social and corporate responsibility in day-to-day activities by integrating and further improving sustainability in existing processes, setting standards and aligning the strategic orientation of the division more closely with sustainability.

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