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Six European REITs join hands to establish think tank

CEOs of Germany's alstria office REIT-AG, Italy's COIMA RES S.p.A. SIIQ, Spain's Inmobiliaria Colonial SA, France's Gecina, the U.K.'s Great Portland Estates Plc and the Netherlands' NSI NV teamed up to create a sustainability and innovation think tank.

The think tank aims to combine the European real estate investment trusts' best practices and research for sustainability and innovation, serving as a framework for research projects and other related initiatives, according to a Dec. 19 release.

The CEOs of the six REITs are, respectively, Olivier Elamine, Manfredi Catella, Pere Viñolas Serra, Méka Brunel, Toby Courtauld and Bernd Stahli.