CBRE Investment Management’s Central London Retail and Leisure Destination, Angel Central, Receives Fitwel’s Highest-Scoring Project Award
March 28, 2022
CBRE Investment Management announces that Angel Central, the retail and leisure destination in Islington, has received the Fitwel Highest-Scoring Projects Award under the Retail Building v2.1 Design Certification category.
Angel Central has been recognised by Fitwel for their £16m refurbishment project and continued commitment to curating a place that supports the physical, mental and social health of its customers and staff. This award follows the Fitwel 2-star rating for Angel Central, successfully completed in March 2021.
Angel Central’s design, use of stairs, accessibility to outdoor amenities, emergency equipment and the importance of fresh air and hydration were among the highest scoring areas factored into the award, as well as its central location, which encourages use of alternative modes of transport.
Robbie Epsom, EMEA Head of ESG, CBRE Investment Management commented: “As a business, ESG is integrated into each part of our investment process and this recent Fitwel award alongside the 2-star rating Fitwel certificate demonstrates our commitment to sustainability and wellbeing in our portfolio. Angel Central is now our benchmark asset for improving and extending these initiatives across our portfolio.”
Ciara Daffy, Asset Manager at CBRE Investment Management added: “To be accredited with a Fitwel award is an honor in itself and to be recognised twice, and as one of the highest-scoring projects globally in 2021 really solidifies all our teams’ hard work. The award also highlights what Angel Central has achieved by working collaboratively and aiming to provide the very best space possible for its community.”
Following the £16m redevelopment, Angel Central also boasts a BREEAM Excellent certificate*, the internationally recognised sustainability assessment method for buildings.
The Fitwel accreditation was achieved following a collaborative effort by all parties including architects Haskolls and led by CBRE’s ESG Consultancy team Fitwel Ambassadors on behalf of CBRE IM, who provided the technical knowledge.
CBRE and CWM represent Angel Central for both retail and leisure enquiries. Lambert Smith Hampton’s Belfast office manages the scheme.
*BREEAM Excellent Certificate is performance equal to the top 10% of UK projects (best practice)
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $141.9 billion in assets under management* as of December 31, 2021, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.
CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2021 revenue). CBRE has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.
*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.
The highest-scoring areas for Angel Central involved:
- Angel Central Design - Access to stairs and their visibility to support and encourage visitors and staff to be active during their visit to Angel Central, contributing to increased daily physical activity rates.
- Location – centrally positioned and its support for visitors and staff to adopt alternative ways to commute to and from either walking or cycling, without using cars, fostering improved health
- Free Drinking water - Access to bottle refilling stations for visitors and staff to support improved hydration and decreased consumption of sugar-sweetened beverages.
- Accessibility - to outdoor amenities such as parks and farmer market, increasing access to healthy food, promoting enhanced social interaction
- Access to emergency equipment such as automatic external defibrillators and notification systems, contributes to enhanced safety and reduced risks
- Fresh Air - The commitment to maintain the shopping centre smoke and tobacco-free for visitors to be protected by passive smoke