Robust
Governance,
Accountability and
transparency
This is established through a clear structure comprised of different committees that ultimately report to the Board of Directors, guaranteeing regular and transparent reporting and decision-making mechanisms in strict compliance with our purpose, mission and vision.
Our corporate governance is further strengthened through the figure of the Compliance Officer appointed by the Board of Directors, as the independent control body that ensures that we adhere to all applicable laws, regulations and internal policies, identifies risks and implements controls, monitoring compliance and promoting an ethical culture and standards within the organization. The Compliance Officer reports regularly/quarterly to the Board of Directors, providing it with independent updates on the compliance program and its development.
ESG is a core part of our DNA and its strategy and development is ensured through the monthly ESG committees that ultimately also report to the Board of Directors.
The principles of honesty, integrity, transparency, accountability and long-term focus guide our corporate culture of ethics and compliance, that are set out and developed in our Code of Ethics and Good Practices, as the fundamental cornerstone of our compliance program.
Aligned with the Code of Ethics and Good Practices, our Anti-Corruption Policy implements and develops the “zero tolerance” policy to any action that could be considered corruption or bribery, including a gift policy, conflicts of interest policy, as well as sets out the guidelines and procedures that we have in place to prevent, detect, mitigate and manage the risks of corruption and bribery.
We have also approved and implemented other internal policies and protocols that further reinforce our compliance program, operating as specific controls that mitigate the risks to which we are exposed.
One of the key tools of any compliance program is the whistleblower channel, as the secure and confidential mechanism that enables employees and stakeholders to report potential misconduct, infringements, or ethical breaches. In compliance with applicable regulations, we have a whistleblowing channel (link) in place, with the aim of protecting whistleblowers, prohibiting any retaliation and ensuring transparency.
GRESB (Global Real Estate Sustainability Benchmark)
It is paramount for us to be assessed against industry benchmarks that measure the ESG performance of companies and their portfolios, like GRESB.
PRI (Principles for Responsible Investment)
investors, works to promote sustainable investment through the incorporation of environmental, social and governance (ESG) factors into investment decision-making and ownership practices.
UN Global Compact:
We continued our commitment to the UN Global Compact in 2024, aligning operations with the Ten Principles concerning human rights, labor, environment, and anti-corruption. The primary focus of our activity is on SDG 3: Global Health and well-being, especially by investing in critical healthcare and social infrastructure.
ISAE 3402 (International Standard on Assurance Engagements 3402) Type II:
we undergo on an annual basis an independent audit on our internal controls, providing assurance on both the design, implementation and the operating effectiveness of our internal controls, particularly those relevant to our financial reporting. It enhances transparency, strengthens the trust of our stakeholders and helps to meet our regulatory and governance requirements for control assurance.