Strong performance for Noval Property in GRESB 2025
Strong performance for Noval Property in GRESB 2025
  REIC  |  Sustainability  |  Greece

Strong performance for Noval Property in GRESB 2025

BREEAM In-Use Re-certification for Mare West.
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RE+D magazine
18.12.2025

Noval Property reaffirms its commitment to responsible investment, sustainable development, and transparency in corporate governance, fundamental pillars that shape both its strategy and corporate culture.

These values are reflected, among others, in the company’s performance in the GRESB 2025 assessment. Participating for the second consecutive year, Noval Property achieved a significant increase in its score. GRESB (Global Real Estate Sustainability Benchmark) is a globally recognized benchmark for sustainability in the real estate sector, providing investors with reliable performance data on factors that influence the long-term value of properties. The assessments are aligned with international standards, the sustainable development goals and emerging regulatory requirements.

In the same context, Mare West retail park in Corinth was recently recertified with the international BREEAM In-Use standard, upgrading its rating from Good to “Very Good” for the entire property. BREEAM In-Use is a globally recognized system that evaluates the environmental performance of existing buildings throughout their operational lifecycle. It assesses both the building’s characteristics and its management practices, aiming to improve energy efficiency, reduce operating costs, and increase property value. At Mare West, measurable solutions are applied for energy efficiency, water conservation, waste management and improvement of indoor environmental quality.
Noval Property continues to invest in projects that create a positive impact on both the environment and society, focusing on initiatives that generate meaningful added value and contribute significantly to the improvement of the urban fabric.