CDP IMMOBILIARE S.r.l

Italy
Europe

http://www.cdpimmobiliare.it/

Industry:Investment
Date joined:2 March, 2020

The subsidiary company, CDP Immobiliare S.r.l., is wholly owned by Cassa depositi e prestiti S.p.A.. Aiming at the improvement of real estate property assets owned by the Italian state, CDP Immobiliare promotes both development plans and urban renovation.

CDP Immobiliare sets its sustainable strategy by adopting an ESG action-plan and participating at the GRESB submission in 2020. All the sustainable actions will be implemented during the year on the operating and investment platform. The market demand for properties has become increasingly focused on buildings with high environmental performance levels, capable of reconciling a conscious use of natural resources with the wellness of the people who live or work with them.

CPD Immobiliare’s management strategy aims to integrate sustainability criteria and focus on creating a high-quality real estate portfolio, offering sustainable long-term growth, with preference to properties with potential for appreciation over time. The redevelopment works and optimization of properties or the portfolio are analyzed in detail since the pre-acquisition Due Diligence phase. During this phase, multiple scenarios are analyzed, which range from optimization to complete redevelopment. The scenarios evaluated include environmental, technical and economic analyses with a view to identifying optimization aspects and the most and risk mitigation.