Triodos Bank’s Executive Board provides a perspective on the wider world it operates in, its impact and activity in 2016 and its prospects for the future.
Sustainable Real Estate
Triodos Bank’s involvement in the real estate sector is built on a unique vision on sustainability and on the ‘Triodos Test For Sustainable Real Estate’, which is based on four P’s: People, Planet, Profit and Project.
The market circumstances for real estate continued to improve in 2016 with revaluations becoming less severe than in previous years. Triodos Vastgoedfonds is well positioned compared to other property investment funds because of low vacancy rates, high average tenures of rental contracts and a focus on investing in high quality buildings. The fund regularly receives recognition for the quality of the portfolio and its vision on real estate. The investment portfolio decreased from EUR 68.3 to EUR 66.6 million in 2016.
Triodos Vastgoedfonds, Triodos Groenfonds and Triodos Cultuurfonds finance helped increase the quality and sustainability of the built environment during the year. They did this through the management of a portfolio of sustainable buildings amounting to more than 87,000m2 of office and other commercial space, buildings that emit almost 40% less CO2 than the average for equivalent conventional buildings.