Cities are evolving rapidly and need to become healthier, more sustainable places for the well-being of both people and planet. And we have a role to play in this transition.
Our heritage lies in retail real estate, so we know first-hand what the beating heart of a city looks and feels like. Now we are expanding our horizon beyond retail by diversifying into other segments. We have significantly restructured the share of the different retail segments within our portfolio. The majority of our acquisitions in the past five years have been outside retail, and we will continue to strengthen our position in locations and segments that are the most resilient. Future investments will largely be concentrated in mixed-use urban locations, as the blurring of boundaries between real estate asset classes accelerates.
We also believe in future-proofing our assets and making them more sustainable –economically, socially and environmentally. It is part of our goal to create vibrant locations that will retain their appeal for future generations, while respecting our planet. This includes improving the environmental and social impact on local communities and businesses where each asset is located.
