The LCBI low-carbon label awarded to the CityWave
development in Milan and the Roots development in Luxembourg

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October 9th, 2024

Two European real estate developments – CityWave, developed by Generali Real Estate in Milan, and Roots, developed by BPI Real Estate and Unibra Real Estate at Belval in Luxembourg – have been awarded the LCBI “design stage” label for their low-carbon performance. The whole process has been validated by a reliable third party, Bureau Veritas. The Low Carbon Building Initiative (LCBI), launched in 2022, has created the first low-carbon label that is the measure of a building’s carbon footprint over the whole of its life cycle.

During SIBCA (the low-carbon real estate trade fair), taking place from 7th to 9th October in Paris, LCBI (the Low Carbon Building Initiative), launched in 2022 by the major players in European real estate and the BBCA (the Association for the Development of Low Carbon Buildings), awarded its first international labels to two real estate developments: CityWave in Milan, developed by Generali Real Estate, and Roots at Belval in Luxembourg, developed by BPI Real Estate and Unibra Real Estate.

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