Large European shopping centers account for the majority of Unibail-Rodamco's real estate portfolio and the company has strategically established these properties in urban centers with easy access to public transportation--demonstrating a business model that addresses ecological constraints.
Unibail-Rodamco has also committed to certifying all new developments larger than 10,000 square meters to a BREEAM (Building Research Establishment Environmental Assessment Method) rating of "very good" or above. The company is one of a few Real Estate Investment Trusts that demonstrate an understanding and implementation of life cycle analysis. Through this analysis the company highlights major environmental impacts and challenges of its business activities from investment to retrofits. Building from the company's leadership in its area, Portfolio 21 encourages Unibail-Rodamco to provide additional examples of how it integrates life cycle analyses into its business decisions.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/13 and may not reflect current opinions or subsequent events.