In real estate management we intend to include, in the property assessment process, the monitoring of potential environmental performance, focusing on key aspects such as energy, water, waste, health, transport and emissions.
In the real estate sector, the Unipol Group is a leading Italian operator in terms of asset volume. Almost 50% of the real estate portfolio is dedicated to office use. In terms of geographic distribution, most properties of the Group are located in Northern Italy, especially in the regions of Lombardy and Emilia-Romagna. In addition to Italian assets, a small percentage of approximately 1% is located in Serbia, where the headquarters of the Company Ddor Novi Sad are found. Total assets also include the category Other Real Estate Investments, with indirect investments and holdings in third parties such as JV and Real Estate Funds.
Real estate assets by intended use
Geographical breakdown of the real estate assets
The properties owned by the Group are divided into two macro categories:
- “Leased” properties, owned by the Group but not used by its insurance companies. These assets are mainly leased to third parties, except for certain properties used by the non-insurance companies of the Group (e.g. Atahotels, Unipol Banca, Assicoop);
- “Operating” properties, assets mainly used as insurance offices or for the activities of diversified companies (e.g. Marina di Loano, Tenute del Cerro).
Since 2015, the Unipol Group Energy Management System was adopted with the extension of certification according to the ISO 50001 international standard to all Corporate Offices.
With regard to real estate management, we are planning to integrate the monitoring of potential environmental performance in the property evaluation process, focusing on crucial aspects such as energy, water, waste, health, transport and emissions.
One of the most significant projects is Urban Up, the project dedicated to the redevelopment and restoration of some of the most important properties owned. The Urban Up project began in the city of Milan with the redevelopment of certain buildings that are symbolic due to their history and location (Galfa Tower, Velasca Tower, Corso di Porta Romana 19) and will continue with the promotion of additional buildings in various Italian cities.