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CBRE GI Dutch office fund in WELL awards portfolio first

(L to R) NoMA House, Amsterdam; Delftse Poort, Rotterdam; and WTC Utrecht, Utrecht.

The International Well Building Institute (IWBI) has awarded CBRE Global Investors’ Dutch Office Fund a portfolio-wide Well score for the implementation of health and well-being strategies.

It is the first real estate investment fund in Europe to earn a score for the entire portfolio which achieved a Well portfolio score of 43.

Three of the fund’s assets NoMA House, Amsterdam; WTC Utrecht; and Delftse Poort, Rotterdam – were individually awarded Well Core Certification at Gold level, which is the second highest score possible.

Well Portfolio Score and Well Core Certification are awarded by IWBI which develops and administers the Well Building Standard and, through its third-party certification body, assesses office portfolios and office properties in terms of health and wellbeing.

Assessed under 10 Well concepts

All properties in the Dutch Office Fund portfolio have been assessed on the basis of 10 Well concepts: air, water, nourishment, light, movement, thermal comfort, sound, materials, mind and community.

“Our ambition is to create and operate future-proof office buildings where the business of today and of the future can thrive,” said Ronald van der Waals, fund manager of the CBRE Dutch Office Fund.

He added that the fund will continue to pursue Well Core Certification for the other buildings in the portfolio: WTC Amsterdam, WTC Schiphol, UP office building and NieuwAmsterdam.

Around 90% of the assets in the portfolio will be certified by the year end. It is the fund’s ambition to certify all multi-tenant properties in the portfolio.

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