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Sustainable development

The Altarea Cogedim Group, both a property investment company specialising in shopping centres and a generalist property operator (shops, offices, hotels, residential), places social and environmental responsibility at the heart of its development strategy, as a means of standing out and ensuring its durability.

In June 2009, Altarea Cogedim was awarded one of the first HQE® certifications for a shopping centre by Certivea for Okabe in Kremlin-Bicêtre, to the south of Paris. The development has been deemed to meet "NF Bâtiments Tertiaires - Démarche HQE®" environmental standards for commercial buildings since January 2009.

Altarea Cogedim’s commercial property developments on behalf of third parties are committed to obtaining HQE® certification. For example, the Tour First office block - formerly Tour AXA - in Paris La Défense is currently the largest HQE® certified development in France. The multi-energy source building will reduce its overall energy consumption by nearly 75%.

Information about the Okabé development
Information about the Tour First development
ALTAREA COGEDIM Group 2009.