ENBD REIT, the Shariah-compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has revealed that its largest asset by value in the portfolio located in Dubai Internet City, The Edge Building, has secured the prestigious Leadership in Energy and Environmental Design (LEED) Gold certification.
Developed by the US Green Building Council (USGBC), LEED is the most widely used green building rating system in the world and an international symbol of excellence. Through design, construction and operations practices that improve environmental and human health, LEED-certified buildings are helping to make the world more sustainable.
The LEED Gold certification achieved by The Edge Building is the true testimony of sustainable building management that benefitted from The Edge’s initial energy-efficient design and construction. By using eco-friendly initiatives and solutions in areas including energy, water, waste management, indoor environmental quality among others, the building consumes 25 percent to 30 percent less energy compared to conventional buildings worldwide.
Anthony Taylor Head – Real Estate Emirates NBD Asset Management
“At ENBD REIT, we are committed to protecting the local environment, in line with the UAE government’s vision to make Dubai a sustainable city, by adopting sustainable practices across our portfolio to reduce the environmental footprint of our assets. The implementation of eco-friendly solutions at The Edge is just the start of our journey, as we plan to roll out similar strategies across our assets to become a leading example for sustainability in real estate.”
Mr. Mahesh Ramanujam, President and CEO, USGBC, said, “Transforming our buildings and spaces happens one project at a time. ENBD REIT understands the value of LEED and has shown extraordinary leadership in reshaping the market. The success of LEED is due to the partnership and support of those committed to advancing green building and sustainability. Each new LEED certification brings us one step closer to revolutionizing the spaces where we live, learn, work, and play.”
The LEED certification is a proof that buildings are going above and beyond to ensure the space is constructed and operated to the highest level of sustainability. As of 2021, 110,000 projects were participating in LEED, comprising 24 billion square feet of LEED registered and certified space across the globe.
