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Redevco to develop green shopping centres

Redevco, the Dutch-based real estate company with a €7 billion global portfolio, plans to assess its retail developments in Europe according to green building rating standards. The company aims to assess its new development projects using BREEAM, the world's longest established and most widely used green building standard. Redevco are currently preparing 11 green projects in Belgium, France, Germany, the Netherlands, Turkey and the UK.

The first Redevco building with a BREEAM certificate was 40 Princes Street in Edinburgh. Redevco UK has also undertaken initial assessments of 120 Moorgate and 1-4 Connaught Place in London. In cooperation with Redevco, C&A is pursuing an eco store concept which focuses on state-of-the-art building and shopping infrastructure to ensure energy efficiency. In the second half of the 2008 trading year, C&A is scheduled to open its first eco store in Mainz in Germany. Redevco Turkey plans to certify the new developments in Ankara, Edirne, Erzurum and Manisa using the BREEAM standard, and the UK BREEAM retail standard will be adapted to the Turkish situation for this purpose.

Redevco France is currently carrying out two pilot projects: an eco-community, including shops and housing, in the heart of Bordeaux's historic centre, and a massive solar energy production unit in Pontault-Combault. Redevco France plans to build France's most powerful solar power station embedded in the roof of its forthcoming Les Quatre Chênes retail park in Pontault-Combault (43,000 sq. m.).

Redevco Belgium is to install PV panels on the roofs of its development project in Wilrijk. It also plans to install PV trackers at the car park, which will automatically follow the path of the sun throughout the day. The finished complex will open at the beginning of 2008.

Redevco Netherlands will develop the prestigious Ravel project on Amsterdam's Zuidas and the post office building in Rotterdam according to green standards. The Ravel programme will include at least 15,000 sq. m. of retail space and focus on the top segment of the international retail market.



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