These projects exemplify our cherry-picking strategy: selecting the best assets in central locations, where there is a low supply of high-quality buildings and inelastic demand.
Those assets are located in access to public transport, in lively areas with access to culture – the best way to attract the best tenants.
Better and Greener environments: Ardian Real Estate's strategy
Discover our strategy of selecting the best assets in prime location, where the supply of quality buildings is low and demand inelastic.
Ardian Real Estate team works closely with architects and artists in order to design these spaces, cultivating modern and enjoyable living and working places tailored to the tenants’ needs whilst enhancing the asset’s heritage.
ESG has always been a central aspect of the Ardian Real Estate strategy. We combine a detail-oriented approach with a holistic view; for example, quantifying our carbon usage during construction and compared to the amount saved in the long run due to the asset’s improvements under the Ardian umbrella.
These efforts are also evident within our assets’ environmental outputs; the Berlin Store building’s 15% energy consumption reduction in the past year due to electric changes, the Paris Renaissance building utilizing low-emission construction methods reducing embodied carbon, and the Melzi D’Eril building in Milan, where 20% of building’s energy is now self-produced on site.
We believe this focused investment philosophy will guide us well into the future as we continue to decarbonize assets in line with the Paris Agreement.
This approach is beneficial not only for the environment but also for the performance of our investors; the Store building has had a 150% rental income increase, the Melzi D’Eril has had a 40% increase in gross leasable area and the Renaissance building has already secured 3 tenants including a Japanese fashion house and Swiss art gallery.
As market leaders, we have developed a unique framework; delivering results and creating sustainable value – as is evident in these properties.