As public interest and pressure regarding environmental, social and governance (ESG) topics continue to grow, companies face an ever-evolving landscape relating to their ESG performance. Regulatory changes are shaping how the corporate world must integrate these considerations into business practices. This is why investing in ESG has become one of the greatest priorities in 2024. Especially in the retail real estate industry, it has become a strategic requirement for operators, asset owners and investors. This is demonstrated by the recent partnership between ROS Retail Outlet Shopping and Predium.
The two companies have announced their collaboration to reach ESG goals and enhance ESG transparency at the Designer Outlet Soltau, the longest-running project in the operator’s portfolio. With Predium’s end-to-end platform, Designer Outlet Soltau will be able to collect consumption and CO2 data to calculate CRREM risks and prioritise cost-effective and sustainable renovation measures. In addition, Predium will simplify internal and external stakeholder communication through automated reports.
“ESG is a risk factor for the value of real estate. Thus, more and more companies want to know the risks in their portfolio. However, the energy consumption and carbon footprint of buildings are often unknown. In addition, the question arises which renovation measures have the greatest leverage to reduce CRREM risks. We are delighted to support Designer Outlet Soltau in quickly and easily identifying the status quo and risks in their portfolio to implement data-driven renovation measures that meet current market requirements. Our software will further enable them to fulfil regulatory obligations and maintain the value of their properties,” says Jens Thumm, Co-founder and CEO of Predium.
As one of Europe’s leading outlet operators in retail real estate, ROS Retail Outlet Shopping is committed to improving the sustainability of its portfolio and business as a whole through specific targets within its strategic ESG framework.
“ESG has come to the forefront in recent years and is already defining much of the industry’s roadmap. Investing specifically in sustainability is no longer an option, but a must in order to remain competitive in the market. We are confident that by having ‘Predium’ as a partner, Designer Outlet Soltau will level up its sustainability approach with concrete and measurable actions that drive progress, accountability and transparency,” says Thomas Reichenauer, Co-Founder & Managing Director at ROS Retail Outlet Shopping.
With its unique brand-mix and half-timbered cottages, Designer Outlet Soltau has stood for premium shopping in a charming atmosphere since 2012. The project was built in compliance with BREEAM standards for sustainable building management and takes active measures to minimize its environmental impact in terms of energy and water consumption, waste management and green mobility.
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