LONDON, UK – May 31, 2022 – Green Generation (GreenGen), a leading global provider of ESG solutions to real estate and private equity investors, as well as governments, announced that it has achieved the first Excellent BREEAM-in-use office certification in Italy under the new and improved Version 6 environmental standard for existing buildings. Version 6 comes with a host of new and improved features that build upon BREEAM’s industry-leading standards for driving environmental performance and occupant health and wellbeing with added emphasis on resilience to climate change, social value and circular economy principles.
The project in Milan – Via Principe Amedeo 5, Italy, is owned by a closed-end real estate Alternative Investment Fund (FIA) named “Thesaurus” which is managed by Kryalos SGR and subscribed by real estate investment funds belonging to Blackstone.
The certification is a testament to the asset management activities performed by GreenGen, Kryalos SGR and Blackstone to align the asset with the highest sustainability standards, energy efficiency commitments and emissions reduction targets.
“This helps to encourage and support the improvement of all buildings, wherever they are in their sustainability journey” said Robert Thompson, Director of GreenGen Europe. “As a former manager for BRE, I am thrilled to see a world leading investor utilizing the BREEAM-in-use V6 as a tool to certify their performance and to showcase high standards of Environmental Social Governance (ESG).”
In the past few years, GreenGen has undertaken ESG-related projects for its clients in 12 European nations and continues to grow its team in Europe, in addition to its work in North America and Asia.
“The BREEAM framework is critical to the leadership European investors have taken in decarbonizing the built environment, which produces 40% of global greenhouse emissions” said Brad Dockser, Chief Executive Officer of GreenGen. “We are pleased to support this level of European leadership,”
About Kryalos
Kryalos SGR, established in 2005, is one of the most active players in the Italian real estate market. With €10.6 billion of assets under management and a team of 105 professionals, Kryalos SGR offers fund management, acquisition, advisory and development services and is a partner of Italian and international investors. More information on www.kryalossgr.com.
About Green Generation
Founded in 2011, GreenGen is an award-winning global leader assisting the world’s leading investors with executing net-zero carbon strategies to drive financial outcomes and decarbonize their assets. Our unique approach to integrating energy, capital markets, real estate, and technology on a global basis helps us support our clients across diverse asset portfolios. We believe that investing in climate is profitable, and we can help our clients meet their sustainability goals while creating both financial and climate outcomes.
Media Contact
Marjohn Heath | +1 301.202.2939 | marjohn@greengen.com
