Sustainability report 2014

Transcription

1 Sustainability report 2014

2 Meeting the needs of the present without compromising long-term viability

3 Our purpose Vastint Holding B.V. is the holding company within the Inter IKEA Property Division. It has been part of the Inter IKEA Group of companies since The overall purpose of the Inter IKEA Group is to secure continuous improvement and a long life of the IKEA Concept. As this will require investments in both good and bad times the Inter IKEA Group strives to be financially independent. The goal of Vastint is to create long-term value through property investments. The cornerstones of our operations are the management of portfolio properties and the development of commercial real estate, including residential development and sales.

4 To create a better yday ever life for the many people The Inter IKEA Group seeks to contribute to the IKEA vision to create a better everyday life for the many people. Vastint supports this vision by developing and maintaining comfortable and sustainable living, working and leisure environments.

5 Sustainability considerations Within our operations a wide variety of matters are dealt with on a daily basis. For instance, societal concerns are taken into consideration when doing planning, the appropriate way to remediate polluted sites are being assessed, buildings are being constructed using efficient solutions and supplies are chosen based on their long-term impact. All such activities can be said to fall under the different areas that are normally encompassed within the expressions Corporate Social Responsibility or Sustainability. Consequently, sustainability has been a natural part of our operations and everyday life for a long time. We see sustainability as working towards positive long-term social, economical and environmental solutions and developments. We consider it to be a never ending job to continuously learn more and improve the ways of working with sustainability. In this report, we would like to describe our overall Vastint Group activities within a few of our focus areas: Values and goals Business ethics Certification of properties

6 Values and goals Vastint is continuously working with communicating the overall purpose and values of our operations, both internally amongst our co-workers, as well as externally towards all our other stakeholders. One of the main events within this area in 2014 was the rebranding of the nine business units of the Inter IKEA Property Division; Pronam (the Netherlands), Galliford (Belgium), SwedeCenter (Poland), Pinus Proprius (Lithuania), Larix Property (Latvia), Interprime Properties (Romania), LandProp (UK), Vastint Land (across Europe) and Inter Hospitality (across Europe) were brought together under the joint name Vastint. Vastint is the abbreviation for Vastgoed Internationaal, which is Dutch for International real estate. It combines the Dutch roots with the heritage of over 25 years of experience within real estate investments and developments. The Vastint trademark provides a solid foundation from which our activities can continue to expand during the years to come and gives an overall platform for our future communications. In connection with the re-branding, we gathered all our co-workers for a two day meeting in Älmhult, Sweden, which is the heart of the IKEA business. The meeting was both informative and at the same time created a great feeling of togetherness.

7 Commitment Efficiency Professionalism Reliability We are committed to fulfilling our purpose, our tasks and our promises towards our stakeholders. We strive to use resources in an efficient way by being cost conscious and seeking simplicity in our solutions. We always act in a professional manner. We believe in what we do, take pride in our work and carry out our responsibilities to the best of our ability. We are reliable and honest. Our stakeholders have trust in us, our words and our actions. brand values O this is what Vastint stands for Ethics Integrity Sustainability Togetherness We behave in an ethical manner and do what is right. We never accept corruption or other illicit behaviour, neither from our co-workers nor our business partners. We are consistent in our behaviour and we base our actions on our common sense, our purpose and our values. We work towards positive long-term social, economical and environmental solutions and developments. We work together in order to accomplish great things the whole is greater than the sum of its parts.

8 Business ethics In order to ensure long-term successful operations it is essential to continuously work with business ethics in a pro-active and open manner. We aim to communicate with and involve all our co-workers in an open and active dialogue. The operations of Vastint should always be made within the frame of good business ethics. Corruption or illicit behaviour is never accepted as a way to do business, neither amongst our co-workers nor amongst suppliers and business partners. During 2014, code of conduct workshops were undertaken with our co-workers throughout the organisation in order to spread knowledge about the Inter IKEA Group code of conduct and to encourage discussions.

9 Certification of properties The principle of ensuring that new buildings and refurbishments have a certain environmental standard has been adhered to within Vastint for several years. On the overall property market there is also a growing interest for certified buildings, both from tenants and from investors. The following statement has been adopted to steer our work regarding the certification of properties: All new buildings and refurbishments shall have an adequate level of environmental certification, preferably according to internationally recognised certification systems. As high certification as reasonably possible shall be strived for, taking into consideration the circumstances of the individual project and the overall market situation. Currently the main certification systems used within Vastint are BREEAM and LEED. The review and evaluation of an individual project is done during the entire construction process and certification is ultimately given when the construction works are finalised. However, pre-certification can also be applied for. This means that the project will be reviewed and evaluated on the plans and the anticipated certification level can be indicated. In addition to the new constructions that are ongoing, there is also an evaluation and assessment of existing buildings in the portfolio with regards to obtaining in-use certifications. On the following pages we have described the properties and projects that have been certified within certification systems up until the end of year 2014.

10 Royal Plaza Business Garden Poznan Brussels, Belgium refubrished project, finalized in 2012 Valideo Good m 2 The building is located on the corner of Boulevard Bischoffsheim and rue Royale, on Brussels inner ring road. The building was totally renovated in 2012 and the modern office space offers great flexibility, combining prestige with practicality and comfort. The ground floor offers offices and multi-purpose commercial space set off by broad bay windows. There are seven floors of offices above the ground floor and two underground parking levels. Royal Plaza received certification on the level Valideo Good in March Valideo is a Belgian certification system which gives a score with basis of four main themes: Site & construction, Management, Comfort & health and Social value. Business Garden Poznan is a modern business park with a planned total area of m 2. The complex comprises nine buildings with an interior garden located on a six-hectare plot. The first phase, consisting of four office buildings with a total area of m 2, was under construction during 2014 and construction works were finalised in the first half of In addition to efficient office space, the business park includes a number of supporting facilities, such as canteen and service points. As a natural extension of the workplace, relax zones are created in the garden. Business Garden Poznan phase I was pre-certified in December 2012 on LEED Gold level. Poznan, Poland construction project finalised in 2015 LEED Gold pre-certification m 2

11 Courtyard by Marriott Hotel Business Garden Wroclaw Amsterdam, The Netherlands construction project finalised in 2015 BREEAM Good pre-certification The hotel construction started in early 2014 and construction works were finalised in the first half of The hotel is located close to the Amsterdam Bijlmer Arena train station and just next to Atlas ArenA Amsterdam, which is a multifunctional office complex encompassing m² of office space, as well as a restaurant, day care centre and gym. In May 2013, the project was the first hotel in the Netherlands to receive pre-certification on BREEAM Good level. The project is located between Wroclaw city centre and the airport with good public transportation connections. The entire project amounts to m 2. Construction activities with regards to the first phase, featuring three buildings of in total m 2, started in An internal garden with a centrally located restaurant and other amenities within the complex will enhance the appeal of the project. Work zones and rest areas are envisaged in the large garden. Wroclaw, Poland under construction LEED Gold pre-certification m m 2 Business Garden Wroclaw phase I received pre-certification on LEED Gold level in August 2013.

12 Brama Portowa I Business Garden Warsaw Szczecin, Poland construction project finalized in 2013 Brama Portowa consists of two independent office buildings with in total about m 2 of modern office and retail space. The buildings are situated in the very heart of Szczecin with easy access to different means of public transport as well as stores and other amenities. Brama Portowa was the first commercial project in Szczecin aspiring to LEED Certification. Business Garden Warsaw has a planned total area of m 2 in seven independent buildings. The first phase of the project was completed in 2012 and features two buildings. The architecture and surrounding garden create an inspiring atmosphere. The presence of a hotel with conference centre and a restaurant in the complex complement the tenant s business needs. Construction works with regards to the second phase commenced in Warsaw, Poland construction project finalised in 2012 LEED Gold certification Brama Portowa I received LEED Gold certification in September Business Garden Warsaw Building 2 received LEED Gold certification in January LEED Gold certification m m 2

13 Brama Portowa II Moxy Milan Szczecin, Poland construction project finalized in 2013 LEED Platinum certification m 2 Brama Portowa consists of two independent office buildings with in total about m 2 of modern office and retail space. The buildings are situated in the very heart of Szczecin with easy access to different means of public transport as well as stores and other amenities. Brama Portowa was the first commercial project in Szczecin aspiring to LEED Certification. Brama Portowa II received LEED Platinum certification in March The 162 room Moxy Hotel opened in September It is located about 200 metres from Milan Malpensa Airport Terminal 2. Moxy Hotels is the latest addition in a growing luxury and lifestyle brand portfolio of Marriott International. Vastint Hospitality is the developer and owner of the hotel building and Nordic Hospitality is the operator and franchisee of the hotel. Moxy Milan received LEED Gold certification in November Milan, Italy construction project finalised in 2014 LEED Gold certification m 2

14 The future needs to be built on a market economy, where social responsibility plays an important role. Raw, uncaring capitalism does not survive in the long run. Your contribution to building a caring capitalism will be needed. from My thoughts to a future entrepreneur, 2005 by Ingvar Kamprad, IKEA Founder

15 Vastint Holding B.V Printing cost for this booklet were 6.90 EUR per copy. 200 copies were printed on FSC certified paper.