BREEAM Certification for Hradec Králové Retail Park

26. March 2025

As part of our long-term sustainability goals, we have begun the process of certifying our real estate portfolio under the BREEAM In-Use standard. We are proud to announce that the first property has successfully achieved certification

The Hradec Králové retail park, part of the Master Fund portfolio since 2020, has been awarded a BREEAM In-Use certificate at the Very Good level. BREEAM In-Use is an internationally recognised standard for assessing sustainability in the built environment. It goes beyond just energy and water consumption — it also considers biodiversity, recycling, indoor environmental quality, transport accessibility, innovation, and more.

This certification is a clear confirmation of our ongoing efforts in sustainability and social responsibility. While this is the first BREEAM-certified property in the Master Fund portfolio, it is certainly not the last. Our ambition is to build a sustainable portfolio that delivers long-term value not only for our investors and tenants but also for the communities in which we operate. That’s why we’ve developed a long-term sustainability strategy aimed at making a real impact.

Over recent months, we have implemented a wide range of improvements to help achieve this milestone. More importantly, these changes have led to tangible savings in energy and water use and have contributed to a healthier environment for tenants, customers, and local residents.

Examples of improvements include:

  • Installation of water-saving faucets and showers

  • Installation of covered bicycle stands

  • Optimisation of ventilation and cooling times

  • Installation of water leak detectors

  • On-site reports from hydrologists and ecologists, followed by implementation of their recommendations

  • Tree planting around the site

  • Installation of birdhouses and insect hotels to support local biodiversity

This is just the beginning. We remain committed to expanding our sustainability efforts across the entire portfolio in the months ahead.  More properties will follow soon.

Interested in learning more about photovoltaics in our retail parks? Read about how we see the benefits of installing PV or how we approach our ESG strategy.