- Holistic concept for ESG-compliant modernization
- Comprehensive measures to reduce pollutant emissions
- Alignment of the floor structure with the New Work-Concept
- Focus to be on tenants with sustainable business models
- Centurion project confirms publity expertise as a green asset manager
Frankfurt am Main, June 27, 2023 – publity AG (“publity”, ISIN DE0006972508) as a green asset manager will be implementing its holistic ESG concept to transform the Centurion Tower in Frankfurt am Main into a “green property”. In doing so, publity is applying a series of measures that, in recent years, has already led to a significant ESG-compliant improvement in the 16-storey Frankfurt office property that offers 28,700 square meters of rentable space. Further, publity plans to work with Sempergreen to have the facade extensively greened with plant panels which absorb 2.3 kilograms of CO2 per square meter per year and produce 1.7 kilograms of oxygen per square meter. The plant panels also offer a cooling effect of around 2 degrees Celsius. Greening the facade will help reduce air pollution and noise, generally helping to improve climate conditions. The office building floor structure is geared towards modern New Work-Concepts, which are characterized by large-scale workplaces with a high level of digital equipment. To showcase New Work-Concept design options, publity has a showroom office on the 6th floor of the Centurion Tower. In addition to the facade greening and the focus on New Work-Concepts, further ESG measures are also being taken that include the use of renewable energies as well as water and waste reduction or low-emission heating and cooling systems. Beekeeping on the premises and office equipment made from local, sustainable and recycled materials also play a decisive role in the Centurion Tower ESG concept.
There is also an adjustment regarding tenant structure, with the focus being on sustainable business models. As of 2025, publity has already finalized rental agreements with a number of new tenants whose focus is on sustainable future technologies. These include the ESG company greeny+, which produces sustainable, fully automated indoor plant towers for the self-sufficient, low-CO2 production of vegetables, herbs, fruit and plants. The greeny+ products are also used for the preparation of meals in the canteen. publity is in contract negotiations with Elaris, an electric car manufacturer whose electric car fleet is to be available for car sharing in the Centurion. Also a sustainable organic restaurant in the form of a food court and a gym operator with both areas having a new, separate external entrances. The communications company Avaya and KfW will remain tenants, while the lease with American Express will expire at the end of 2024.
With the Centurion project, publity is underlining its expertise as a green asset manager, building on its many years of experience in managing and modernizing office properties. Centurion Tower has already undergone extensive ESG-compliant modernization in recent years. Among other things, cooling systems were modernized and charging stations for e-cars were planned. The building has also been certified several times for its good, digital infrastructure and high operational reliability.
Stephan Kunath, CFO of publity: “After 30 years, the Centurion Tower has been adapted to current ESG standards and will be completely transformed into a green office property. In addition to environmental measures such as greening the facade, we are also focusing on innovative New Work-Concepts and adjusting the tenant structure. From 2025 onwards, the majority of tenants will consist of ESG-compliant companies. The companies will not only be compliant with the publity ESG strategy but will also offer advantages for office users, for example, office workers will have easy access to the gym during their lunch break without having to travel long distances, which in turn enables CO2 savings.”
publity AG (“publity”) is a green asset manager with a focus on office real estate in Germany. In doing so, publity combines experience and passion for sustainable, ESG-compliant properties with many years of real estate expertise from more than 1,100 successful transactions. In the development and transformation of ESG-compliant properties, publity takes a holistic approach that encompasses environmental aspects, innovative as well as social design options for working environments, and a high degree of digitalization. Accordingly, the office properties managed by publity have already received several high-profile international certifications for their outstanding ESG standards. publity is one of the most active players in the German office real estate market and also benefits from a sustainable network and its own high-level digitization of data on the German office real estate portfolio and individual properties. The shares of publity AG (ISIN DE0006972508) are traded in the Scale stock market segment of Deutsche Börse.
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publity AG transforms the Centurion Tower into “green” real estate