Prelios Group: LEED Platinum certification renewed for IFAD office building in Rome

Prelios SGR said that the US Green Building Council has confirmed the renewal of the LEED Platinum certification for the building in Via Paolo di Dono 44, Rome, owned by the Cristoforo Fund managed by Prelios SGR and leased by the International Fund for Agricultural Development (IFAD),

an international financial institution and a specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries.

The building is a stand-alone mono-tenant office property, with eight above-ground and two below-ground storeys, for a total gross surface area of more than 46,000 square meters.

The office block acquired LEED Gold certification in 2010 after a restructuring project and was subsequently certified at LEED Platinum in 2015. The LEED certification (Leadership in Energy and Environmental Design) has now been confirmed at the highest Platinum level for another five years.

“The renewal of the LEED Platinum certification demonstrates the distinctive ability of market leader Prelios SGR in property restructuring and upgrade projects that reduce carbon footprint, put priority on sustainability, improve living standards for tenants and residents, all integrated with the needs of investors,” said Prelios SGR CEO Patrick Del Bigio. “Prelios SGR's goal today and for the future is to generate, measure, monitor and implement sustainable, cost-effective long-term services of social value. Our activities are developed with reference to specific ESG indicators, such as reduced energy consumption and greater use of energy from renewable sources, with a parallel reduction in water consumption, moving toward Nearly Zero Energy Consumption Building standards.”

Prelios SGR has long adopted ESG factors as a guiding principle for its investments and subscribes to the United Nations’ Principles for Responsible Investment, promoting governance of sustainability risks and social responsibility within the company at all management, administration and control levels.

Nicolò Tarantino, CEO of Prelios Integra – the Prelios Group company active in property management for large public and private real estate operators, handling the project management of the energy efficiency improvements on several Italian buildings, as well as their certification renewals processes – commented: “Increasingly, environmental questions and climate risk are key issues for public policy, consequently influencing private-sector strategies, and building energy redevelopment plays a fundamental role in this. Our objective is to reconcile the needs of the investor with those of the environment. We are proud and pleased to contribute in this way and to see that the work of everyone involved has led to the confirmation of the LEED Platinum certification for the building in Via Paolo di Dono, which was already identified as an example of energy management best practice by the European Commission Project EEnvest in 2020.”