Nordicum - Real Estate Annual Finland 2014 - Page 70

Eye on Opportunity Union Investment Real Estate perceives plenty of potential in Finland Sustainability, energy efficiency and the environment remain drivers in the real estate investment sector. Philip La Pierre, Head of Investment Europe, Union Investment Real Estate GmbH, says that his company firmly believes that sustainable practice goes hand in hand with economic added value and the viability of sustainable products over the long term. I n fact, Union Investment is one of Germany’s first major property portfolio managers to have conducted a comprehensive analysis of its global real estate fund portfolio according to sustainability criteria. The results were published in May 2012 in the Group’s first Corporate Social Responsibility report. “Our real estate portfolio currently comprises 37 assets with national or international sustainability certificates as LEED. BREEAM or DGNB, totalling some 4.7 billion Euros. The properties in Finland are all designed to meet the group’s sustainability requiremen