Spektri Business Park in Espoo, Finland, a development managed by Trevian and CCP 5 – the core plus fund advised by Tristan Capital Partners, has been awarded a ‘Very Good’ BREEAM certification as proof of the realisation of sustainable development from both an environmental and social perspective. BREEAM is the world’s leading sustainability validation and certification system and reviews a host of components including health, well-being, energy, accessibility, water, materials, emissions, property management, land use, and ecology.
A range of initiatives have been put in place to enhance the sustainability credentials at Spektri. In recent years, the property has switched to geothermal energy and green electricity, and the combined effect of the measures leading to a 66% reduction in total emissions. Trevian Asset Management, along with Tristan, leads the work on energy efficiency and sustainability as Spektri’s real estate asset manager.
Spektri engages a specialised energy manager to plan energy targets, implement actions, and report their results according to global standards. Building technology has been renewed with added automation and transition to green electricity and geothermal energy. In addition, customer satisfaction, interaction with stakeholders, and increased monitoring of the transparency and accountability of service production and contractors are prioritised.
Vesa Klemettilä, Trevian’s Technical Director, said: “Effective solutions and measurable energy-saving and economic benefits prove that we have succeeded in Spektri’s asset management. Furthermore, the BREEAM certification confirms the development activities’ sustainability and sets the requirement for their continuous evaluation. At Trevian, we consider property sustainability certification the standard for our operations.”
Kaisa Granholm from Trevian, added: “Concrete results have already been achieved. The impact on the carbon footprint is already significant in the first years: total emissions in the first quarter of 2022 were up to 450 tonnes lower than in the corresponding period in 2020. Environmental responsibility is increasingly a criterion for our customers when choosing office space. In addition, transparent monitoring of the carbon footprint on the premises is essential for companies to implement their environmental strategy. With the BREEAM certification, we can better support our customers in achieving their sustainability goals.”
Spektri is owned by the CCP 5 ‘long-life’ core-plus fund, advised by pan-European real estate investment manager Tristan Capital Partners.
