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Urban Forest at STOP SHOP Lazarevac
25.07.2022 14:49

STOP SHOP goes GREEN: all retail parks in Serbia are green certified

IMMOFINANZ has obtained BREEAM-In-Use sustainability certificates for all its 14 STOP SHOP retail parks in Serbia. The shops have achieved ratings ranging from the top grade “excellent” to at least “very good”. With this rollout, Serbia has become the first IMMOFINANZ country with a completely BREEAM-certified STOP SHOP portfolio.

All 14 STOP SHOP retail parks owned by IMMOFINANZ in Serbia are now sustainably certified.  This makes Serbia the first country in which all IMMOFINANZ properties are certified according to the international BREEAM standard. The retail parks received the best ratings, from "excellent" to at least "very good".

BREEAM (Building Research Establishment Environmental Assessment Method) is the leading and most widely used international certification method for buildings. It sets the highest possible standards for sustainable design and has become the de facto benchmark for describing the environmental impact of a building. The evaluation criteria include energy, water, wastewater and waste management, material and land use, as well as ecology, biodiversity, health and well-being.

The STOP SHOP in the Serbian city of Lazarevac is a prime example of IMMOFINANZ's sustainable approach. The retail park is equipped with a wind power generator and a photovoltaically powered public lighting system. This reduces electricity consumption and supplies the building with clean energy from sustainable sources. Furthermore, the site in Lazarevac serves as a pilot project for an "Urban Forest". The small forest with integrated irrigation system helps to preserve biodiversity and improve the air quality and water retention capacity of the soil.

IMMOFINANZ plans to further expand the share of sustainably certified buildings as part of its ESG strategy.

Urban Forest at STOP SHOP Lazarevac
Urban Forest at STOP SHOP Lazarevac (c)IMMOFINANZ
STOP SHOP (c)Immofinanz