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Real Estate Portfolio: Transform Cities - News Directory 3

Real Estate Portfolio: Transform Cities

May 1, 2025 Catherine Williams Business
News Context
At a glance
  • CURRIDABAT, Costa Rica (May 1,⁤ 2025) — A Costa Rican real estate company, established in 1998, is focusing on sustainability and modernization in its urban development projects.
  • The company's new corporate strategy for‍ 2025-2030 emphasizes "double materiality," integrating economic results with ESG factors.
  • Each area includes specific goals⁢ and performance⁣ indicators for monitoring progress.
Original source: revistasumma.com

Costa Rican Firm Prioritizes Sustainability in ‍Real Estate Growth

CURRIDABAT, Costa Rica (May 1,⁤ 2025) — A Costa Rican real estate company, established in 1998, is focusing on sustainability and modernization in its urban development projects. ⁤The company, known for its industrial, corporate, commercial, residential,⁤ and mixed-use⁤ developments, aims to⁢ integrate environmental, social, and governance ⁣(ESG) criteria into‍ its core buisness strategy.

Sustainability ⁣Strategy for 2025-2030

The company’s new corporate strategy for‍ 2025-2030 emphasizes “double materiality,” integrating economic results with ESG factors. This approach allows the company to assess both financial and sustainability-related risks and opportunities.

The strategy outlines 10 key areas:

  • Climate Action
  • Eco-efficiency
  • Biodiversity
  • Communities
  • urban Design
  • Talent
  • Communication
  • Corporate Governance
  • Innovation and ⁢Technology
  • Financial Performance

Each area includes specific goals⁢ and performance⁣ indicators for monitoring progress.

Key real ‍Estate Projects

escazú⁢ Avenue

Escazú Avenue integrates offices, residential spaces, retail shops, and a hotel, designed as a ⁣walkable urban environment promoting safety and ⁢well-being.

Aleste

Aleste received the International Urban Habitat Award ⁣from the Council on⁣ Tall Buildings and⁤ Urban Habitat (CTBUH) last⁢ year.The project is recognized as an inclusive, green, ⁤and safe‍ urban space, setting ⁤a ⁢benchmark for ⁣high-level real estate developments.

Torre Worldwide

Torre Universal, a corporate project⁣ in La Sabana, houses prominent organizations such as Microsoft, Equifax, the European Union, and‍ the Costa Rica Chamber of Commerce.

Costa Rica Green Valley

Costa⁣ Rica Green‍ Valley, located‍ in ⁢Greece, Costa Rica, ⁢is a free zone developed under a 741-acre master plan.It combines industrial, commercial, residential, and corporate elements. The industrial component is being developed‍ in four phases,‍ with the initial phase including 120,000 square meters, of which ‍94,845 square meters are buildable lots.

Altest, a mixed-use project in Curridabat, is also among the company’s notable⁤ developments.

Costa ⁣Rican Real Estate: Sustainability, Modernization, and Urban⁢ Development

Introduction: Sustainability in Costa Rican Real Estate

Q: What is the focus of a Costa Rican real estate company established in 1998?

A: The company⁢ is prioritizing sustainability and modernization in its urban development projects. It aims to⁣ integrate environmental, social, and governance (ESG) criteria into its core business strategy.

Q: Where is this⁢ company located?

A: The company is based in Costa Rica. (Source: CURRIDABAT, Costa Rica)

Q: What types of developments does the company specialize in?

A: The company is known for industrial, corporate, commercial, residential, and mixed-use developments.

Sustainability Strategy: 2025-2030

Q: What is the company’s new corporate strategy for the period 2025-2030?

A: The strategy focuses on “double materiality,” integrating economic results‍ with‍ ESG factors. this approach ⁤helps the company assess both financial and sustainability-related risks and opportunities.

Q: What specific areas does the sustainability strategy outline?

A: ⁣The strategy outlines 10 key areas:

Climate Action

⁣ Eco-efficiency

Biodiversity

Communities

Urban Design

⁢ Talent

Communication

Corporate Governance

Innovation and Technology

Financial Performance

Q: How is the progress of this strategy monitored?

A: Each area includes ‍specific goals and performance indicators to monitor progress.

Key Real Estate Projects

Q: What are some notable real estate projects developed by this company?

A: Some of the key projects include ⁢Escazú Avenue, Aleste, Torre Universal, Costa Rica green Valley, and Altest.

Q: What is Escazú Avenue?

A: Escazú Avenue ⁤integrates offices, residential spaces, retail shops, and a hotel. It is designed as a walkable urban environment that promotes safety and well-being.

Q: What is special⁣ about the Aleste project?

A: Aleste received the International Urban Habitat Award from the Council on Tall Buildings and Urban Habitat (CTBUH) last year.it is indeed recognized as an inclusive, green, and safe urban space, setting ‍a benchmark for⁤ high-level real estate developments.

Q: What⁤ significant organizations are located in the torre Universal corporate ⁢project?

A: Torre Universal, located in La Sabana, houses prominent organizations such as Microsoft,⁢ Equifax, the European Union, and the Costa Rica Chamber of Commerce.

Q: What are the key features ⁢of Costa Rica Green Valley?

A: Costa Rica Green Valley is a free zone located⁣ in Greece, Costa Rica, developed under a 741-acre master plan. It combines industrial, commercial, residential, and ⁤corporate elements.

Q: What is the⁣ status of ‍the industrial component in Costa Rica Green Valley?

A: The industrial component is being developed in four phases, ‍with ⁤the initial phase including 120,000 square meters, of which 94,845 square meters are buildable⁣ lots.

Q: Where is the Altest project located and what type of project is it?

A: Altest is a mixed-use project located in Curridabat.

Summary Table of Key Projects:

| Project Name ⁤ | Type ⁢ | Key Features ⁤ ⁢ ⁢ ⁢ ⁢ ⁣ | Location ⁣ ‍ ⁣|⁤ Recognition ⁣ ‍ ⁤ ‍ ⁤ ⁣ |

| ———————- | ————— | —————————————————————————————————————– | ———————– | ——————————————————————————————————- |

| Escazú Avenue | Mixed-Use | Offices, ⁤residential, retail, hotel, walkable urban‍ environment ⁣ ⁤⁢ ⁤ ⁤ | Not Specified ⁢ | N/A ‍ ⁣ ‍ ⁣ ⁢ ‍ ⁢ |

| Aleste | Mixed-Use ⁢ ⁤ | Inclusive, green, and safe urban space ⁣ ⁤ ⁤ | Curridabat | International Urban Habitat Award (CTBUH) ‍ ‍ ‍ |

| Torre Universal | Corporate | Houses Microsoft, Equifax, the European union, and the⁣ Costa Rica Chamber of Commerce ⁢ ⁣ | La Sabana ‍ | N/A ⁣ ⁣ ‍ ‍ ⁣ ⁢ |

| Costa Rica Green⁤ Valley |⁣ Mixed-Use | Free‍ zone, industrial, commercial, residential, corporate; 741-acre master plan; industrial component in phases | Greece, Costa rica | N/A ‍ ⁣ ⁣ ⁢ |

| Altest ⁣ ⁢ | Mixed-Use ⁢ | Not Specified ⁢ ⁤ ⁢ ⁣ ⁤ ⁢ ⁤ | Curridabat ‍ | N/A ⁢ ‍ ⁤ ‍ ⁤ ⁤ ⁢ ⁢ ⁢ ⁣ |

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