Westbridge optimises Union Investment’s Benelux portfolio and saves around 8,000 tonnes of CO2

Frankfurt am Main/Zurich, 12 February 2021. Westbridge Advisory International AG, the international entity of operating cost expert Westbridge Advisory, has optimised the energy procurement for the Benelux portfolio of the Hamburg-based real estate investment manager Union Investment. The tenders for the supply of electricity and natural gas covered a total of twelve assets in Belgium, Luxembourg and the Netherlands. In close cooperation with its client, Westbridge International was able to significantly reduce the ecological footprint of the portfolio with 146,000 m2 net lettable area. Within the next three years, Union Investment will save more than 8,000 tonnes of carbon dioxide. Roughly 3,400 tonnes can be allocated to the Dutch portfolio, around 2,700 tonnes to the properties in Luxembourg and approximately 1,900 tonnes to the assets in Belgium.

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