“The partnership with Iulius Mall represents the first green certification of a shopping mall network deployed by Colliers International in Romania and one of the largest projects of its kind in Europe,” Colliers, which assists the company in the certification process, said in a statement.
The four Iulius shopping centers in Iasi, Timisoara, Cluj-Napoca and Suceava have a total leasable area of more than 190.000 square meters, housing nearly 900 stores and attracting over 40 million visitors annually. In addition to the four malls, Iulius Group also owns the Palas urban ensemble of buildings which is the largest real estate investment outside the Capital, according to the statement.
The green certification is aimed to increase energy efficiency and improve thermal comfort and natural lighting.
Colliers offers consultancy for LEED and BREEAM certifications for existing buildings, with the purpose of improving their performance and sustainability, as well as for new developments. At present, Colliers assists 13 projects in Romania and over 20 projects throughout Central and Eastern Europe in obtaining the Green Certification.