MERLIN Properties Annual Report 2020 / English

64 | Annual Report | 2020 In addition to maximizing the environmental performance of assets, the sustainable construction certifications represent an important lever for value generation, responding to the growing interest of tenants to have spaces that comply with the highest standards in sustainability. Obtaining these certifications requires providing assets with the most advanced measures in terms of efficiency and technology, which in turn is a benefit for all users. Furthermore, obtaining sustainable construction certifications is one of the main indicators of the sustainable loan signed by MERLIN in 2019. The company continues with its certification plan which began in 2016, and the aim is to certify 99% of its office assets, 100% of its shopping centers and 97% of its logistics assets, in GAV terms over the coming years. As at the close of 2020, it had already showed a significant amount of progress. MERLIN is a leader in this area and will continue to reaffirm its position over the coming financial years. At the close of the year, 81% (1) of the Company’s core assets had been certified with one of the two benchmark standards in sustainable construction: LEED and BREEAM, distributed as follows: CERTIFICATIONS OBTAINED BY MERLIN ASSETS (1) In terms of GAV (Gross Asset Value), only taking into account the assets of the offices, shopping centers and logistics portfolios in operation (including Avenida de Burgos 210), as well as the following WIP assets: Castellana 85, Plaza Pablo Ruiz Picasso, Arturo Soria 343, A2-Azuqueca II and A2-Cabanillas Park I G. Excluding the Barcelona ZAL Port assets, the assets from the Net Leases portfolio, non-core assets, and the remaining WIP assets. Certified In process 99% Offices 82% 17% 100% Shopping Centers 76% 24% 97% Logistics 86% 11% In 2020, MERLIN obtained a total of 43 LEED or BREAM certifications. Platinum 1 new asset Gold 9 new assets Silver 3 new assets Very good 5 new assets Good 17 new assets Pass 8 new assets