FII VBI logistics warehouses become the first venture in Brazil to be EDGE certified

The EDGE certificate can be applied to a range of developments, including residential and commercial buildings, homes, apartments, hotels, resorts, offices, hospitals and retail stores.

VBI LOG Aratu

06/01/2022

VBI Real Estate announced that VBI LOG Aratu, an asset part of the FII VBI portfolio (LVBI11), is the first development to get EDGE (Excellence in Design for Greater Efficiencies) certification in Brazil.

VBI LOG Aratu is a logistics warehouse at Simões Filho, Bahia. The property is being delivered in a phased manner, the first phase was completed in the first quarter of 2021, and the second is scheduled for the second quarter of 2022.

The EDGE seal is a sustainable building certification system for emerging markets created by IFC, a World Bank Group member institution. Having a simplified certification process provides more agility for builders and developers who aim at practices aligned with sustainable construction trends.

The EDGE certificate can be applied to a range of developments, including residential and commercial buildings, homes, apartments, hotels, resorts, offices, hospitals, and retail stores.

According to the VBI, the asset will allow a 53% reduction in water consumption and a 48% reduction in energy consumption. According to data from the SiiLA Market Analytics platform, VBI LOG Aratu is a class A development, with more than 100 thousand sq meters of total area and a pre-leased area of 64 thousand sq meters for the e-commerce sector.

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