As ECE, we do not want to focus on a few "best in class" properties, but rather to put the entire portfolio on a climate path towards climate neutrality - by 2045. Together with the University of Dresden, we have created an energy-efficient refurbishment roadmap, the "ECE map2zero", in a pilot project using the Alstertal-Einkaufszentrum (AEZ) in Hamburg as an example.
The Energy Performance of Buildings Directive sets a minimum requirement for the energy efficiency of an existing property for the first time. Properties in efficiency class G must improve by 2030. To become taxonomy-compliant, properties must achieve efficiency class A. Increasing regulation of existing properties can lead to a loss of value. Market participants and regulators speak of "stranded assets" in this context. New standards such as CRREM (Carbon Risk Real Estate Monitor) or Taxonomy (criteria for verifying sustainability from the Sustainable Finace Act of the EU) provide more transparency.