Generali Real Estate

With the #hospitality sector booming across Europe and taking an increasingly important role in GRE’s investment strategy, we are pleased to share our experience in this asset class at specialised events like ITHIC Italian Hospitality Investment Conference. At #ITHIC2024, GRE’s Gabriella Pelosi joined the “𝑻𝒂𝒍𝒌 𝒐𝒏 𝑪𝒂𝒑𝒊𝒕𝒂𝒍 𝑴𝒂𝒓𝒌𝒆𝒕𝒔 - 𝑾𝒆𝒍𝒍 𝑬𝒔𝒕𝒂𝒃𝒍𝒊𝒔𝒉𝒆𝒅 𝑳𝒆𝒏𝒅𝒆𝒓𝒔 𝒂𝒏𝒅 𝑰𝒏𝒗𝒆𝒔𝒕𝒐𝒓𝒔 𝑨𝒑𝒑𝒓𝒐𝒂𝒄𝒉𝒊𝒏𝒈 𝑵𝒆𝒘 𝑬𝒎𝒆𝒓𝒈𝒊𝒏𝒈 𝑯𝒐𝒔𝒑𝒊𝒕𝒂𝒍𝒊𝒕𝒚 𝑫𝒆𝒂𝒍𝒔’. Main takeaways: 📈 𝗚𝗿𝗼𝘄𝘁𝗵 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗲𝗰𝘁𝗼𝗿 | There’s a notable increase in institutional lenders and investors in this market. We see strong fundamentals and growth potential in the hospitality sector across Europe: post-pandemic trends show increased travel demand and a shift towards services, benefiting hotels and accommodation facilities. 🎯 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 | The main example of our commitment to this sector is the transformation of Generali’s iconic headquarters in Piazza Cordusio, Milan, into a 5-star hotel operated by Meliá Hotels International. Today, our European hotel portfolio includes 14 properties in major cities, and we aim to continue investing in Italy, Spain, France, Germany, and Czech Republic where we currently have presence as well as entering new European markets. 🤝 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 𝗳𝗼𝗿 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 | In this competitive sector with a focus on high-quality, long-term partnerships with specialised operators are key to achieve commonly shared quality excellence standards and financial goals. 🍃 𝗘𝗦𝗚 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 | #ESG due diligence is fully embedded in our investment decisions, and this also includes the operational aspects of hotel management, which significantly impact ESG performance. Many thanks to #ITHIC2024 for having us, and for the interesting discussion!

✨ GRE commitment to #sustainability shines in GRESB Assessment!   We are thrilled to announce that GRE has once again demonstrated its leadership in sustainable #realestate by participating in the GRESB Assessment. Our participation not only highlights our dedication to #ESG principles but also strengthens the competitiveness of the funds managed directly or indirectly by Generali Real Estate SGR. 𝗪𝗵𝗮𝘁 𝗶𝘀 𝗚𝗥𝗘𝗦𝗕? The Global Real Estate Sustainability Benchmark (GRESB) is the world's leading ESG benchmark for real estate and infrastructure investments. It covers $7 trillion in Gross Asset Value (GAV) across 15 sectors in 80 markets, with 2,223 participants and ~208k assets. GRESB provides a rigorous framework for assessing the sustainability performance of real estate portfolios and assets worldwide.   𝗢𝘂𝗿 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 This year, the 13 participating funds managed by GRE SGR achieved an 𝗮𝘃𝗲𝗿𝗮𝗴𝗲 𝘀𝗰𝗼𝗿𝗲 𝗼𝗳 𝟴𝟰/𝟭𝟬𝟬 and an 𝗮𝘃𝗲𝗿𝗮𝗴𝗲 𝘀𝘁𝗮𝗿 𝗿𝗮𝘁𝗶𝗻𝗴 𝗼𝗳 𝟰/𝟱. These results underscore our commitment to #sustainability and our ability to meet the high standards set by GRESB. By aligning with GRESB's rigorous standards, we ensure that our funds are not only competitive but also contribute to a more sustainable future. 👏 Join us in celebrating this achievement and our ongoing commitment to sustainability!

#SustainabilityInAction | Urban regeneration 🏙 When analyzing the social impact of real estate on the lives and well-being of people, a key aspect in the role of a #realestate asset manager is the dialogue with local administration and institutions.  🤝 In the geographies where we operate, these entities recognize Generali Real Estate as a fundamental and long-term interlocutor in the #urbanregeneration process, collaborating in the creation of a shared vision in line with the past and the future of each location. 𝗖𝗔𝗦𝗘 𝗦𝗧𝗨𝗗𝗜𝗘𝗦  📍 𝗖𝗶𝘁𝘆𝗟𝗶𝗳𝗲 (𝗠𝗶𝗹𝗮𝗻) Covering an area of 366,000 sqm, CityLife is one of the most important urban redevelopment projects in Europe. Residences are Class A certified, in accordance with the project’s focus on #environmental #sustainability. The use of #renewable energy sources, as well as the choice of insulating materials, ensure very low energy consumption with the utmost respect for the environment. 📍 𝗖𝗵𝗮𝗺𝗽𝘀-𝗘́𝗹𝘆𝘀𝗲́𝗲𝘀 (𝗣𝗮𝗿𝗶𝘀) GRE joined the Réenchanter les Champs-Élysées committee in Paris, which aims to re-qualify the most famous avenue in the world, first and foremost with a view to the 2024 Olympics and Paralympics. 🌱 Find out more in our latest Sustainability Report -> https://lnkd.in/d85aCqhR #GRE_SustainabilityInAction

🏆 We are proud to be recognized by Precisely, global leader in #dataintegrity, among customers who have achieved excellence in data integrity through innovative use cases and demonstrated results, as a winner of the 𝗗𝗮𝘁𝗮 𝗜𝗻𝘁𝗲𝗴𝗿𝗶𝘁𝘆 𝗔𝘄𝗮𝗿𝗱𝘀 𝟮𝟬𝟮𝟰 - 𝗕𝗲𝘀𝘁 𝗔𝗜 𝗜𝗺𝗽𝗮𝗰𝘁!   💡 Generali Real Estate has been awarded as one of the first #realestate asset managers to establish a dedicated #AI and #machinelearning innovation division and to use high-integrity enrichment data to train their models, reduce bias, and deliver more contextually-relevant results for its City Forward® platform. This enables the business to make smarter decisions powered by highly accurate AI-driven insights, disrupting the traditional decision-making processes that inform investment strategies.   Congratulations to all the Precisely Data Integrity Awards winners: BMW Group, Chamberlain Group, Federal Energy Regulatory Commission and NZ Super Fund!   🔗 Find the link to the full Precisely press release in the comments 👇 🎥 Learn more about City Forward® and the way it uses more than 800 variables paired with machine learning models, in this video interview with Costanza Balboni Cestelli, our Head of Innovation and Data 👇 https://lnkd.in/dfJAATDh

🌍 We returned from EXPO REAL (Messe München) with the view that the #realestate industry is looking forward despite challenging economic conditions. 🎯 Expo Real has once more proven to be a top-quality venue for the European real estate sector, and the must-go event for real estate professionals and investors. This year, the overall sentiment among exhibitors was noticeably more positive, despite uncertainties in the geopolitical and macroeconomic environment. 👀 With investment appetite returning, we’ve especially seen interest from international investors for #logistics, #realestatedebt, as well as for #hospitality – all sectors where our Pan-European expertise in managing portfolios combining strong locations, prime assets, and high-quality tenants, makes the difference. 🤝 We are ready to capture the growth opportunities that Expo Real seems to have signalled. Photo credits: Martin Joppen

🏆 We are honoured to be recognized as the #️⃣1️⃣ 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗲𝗿 in the category 𝗥𝗲𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 / 𝗖𝗼𝗺𝗺𝗶𝘁𝘁𝗲𝗱 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝟮𝟬𝟮𝟰 (𝗺²) within the 𝙋𝙖𝙡𝙢𝙖𝙧𝙚̀𝙨 𝙙𝙚𝙨 𝙈𝙖𝙞̂𝙩𝙧𝙚𝙨 𝙙’𝙤𝙪𝙫𝙧𝙖𝙜𝙚 𝘽𝘽𝘾𝘼 𝟮𝟬𝟮𝟰, revealed by Association pour le Développement du Batiment Bas Carbone (Association BBCA) during SIBCA - Salon de l'Immobilier Bas Carbone in Paris. 🏗 The award relates notably to two large Generali Real Estate projects currently under refurbishment in the Paris area – 𝗘𝘃𝗲𝗿𝘆𝗱𝗮𝘆 in Issy Les Moulineaux, and 𝗡𝗲𝘄 𝗦𝘁𝗮𝘁𝗶𝗼𝗻 in Paris Montparnasse. 💬 “From design phase throughout construction works and operations, Generali Real Estate’s ambitious targets on reducing carbon emissions across all phases are concretely embodied in these projects, for which carbon footprint is drastically reduced, as the BBCA Rénovation label in progress testifies”, said Marc Verdon, Directeur Développement et Maîtrise d’Ouvrage - Western Europe. 🤝 Thanks to BBCA for keeping attention high on #lowcarbon building practices, materials and techniques across the real estate industry, and for recognizing the Generali Real Estate's commitment and results about #decarbonization. #GRE4Sustainability

🤝 We are glad to announce a co-investment agreement with EDF Invest, which acquires 50% of the vehicle OPPCI Parcolog Invest. The other 50% of the vehicle continues to be owned by the Generali Group mainly through the Generali Real Estate Logistic Fund (GRELF) managed by Generali Real Estate S.p.A. Società di gestione del risparmio. 🚚📦 OPPCI Parcolog Invest owns nine high-quality #logistics assets in France worth around €400 mln, with plans to grow the logistics portfolio over the next years through new acquisitions and developments. Generali Real Estate will continue investing in logistics: 🌍 in Europe through the Generali Real Estate Logistics Fund (GRELF) 🇫🇷 in France mainly through OPPCI Parcolog Invest. Thanks to the investment of the pan-European GRELF fund and to the co-investment of EDF Invest, this operation substantially contributes to the disciplined growth of the logistics portfolio managed by Generali Real Estate, by partnering with third-party capital. Read the full press release 👉 https://lnkd.in/g5K8EbS2

🌍 Reducing the carbon footprint of our #realestate portfolio across Europe, and driving as pioneers the #decarbonization path of the real estate industry, are imperatives we live by across our operations. That’s why we are particularly proud to be at SIBCA - Salon de l'Immobilier Bas Carbone, the event focusing on #lowcarbon solutions as a transformation driver for the real estate ecosystem. 💬 Among like-minded investors, developers, architects, building experts and industry professionals, Gloria Brocchi - MRICS, our Head of ESG, will be a speaker in the ‘Grand Débat’ on October 8 about “𝗗𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘇𝗶𝗻𝗴 𝗘𝘂𝗿𝗼𝗽𝗲'𝘀 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲: 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗮𝗻𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗺𝗽𝗮𝗰𝘁𝘀 𝗼𝗻 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲𝘀”, alongside Katharina Knapton-Vierlich (European Commission), Arnaud Regout (BPI Real Estate - President of the Board for Low Carbon Building Initiative) and Kévin Thizy (Artelia - Head of Low Carbon Building Initiative Technical Committee). Look forward to discussing our experience on decarbonization at SIBCA!

We are glad to welcome Michiel te Paske as the new 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀 & 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿! In his role, Michiel will be pivotal in building and strengthening business relationships with institutional investors. Read the full press release here 👉 https://lnkd.in/dd4z9WJX

💡 The Italian real estate community gathered in Rapallo for the annual Forum by Scenari Immobiliari, this year in its 32nd edition, under the theme ‘New Horizons’. 💬 During the two-day conference delving into perspectives for the #realestate industry, filled with data, analyses, expert views and debates, our Benedetto Giustiniani discussed Generali Real Estate’s views as an investor in a panel looking into markets and companies’ views.  🎤 “As a European player with operations in several countries and across different asset classes, the current scenario for real estate investments remains complex but offers opportunities particularly in specific sectors, like #logistics, #realestatedebt and #hospitality”, said Benedetto. Thanks Mario Breglia and the fellow panelists for the interesting discussion.