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ASSURA PLC - Assura completes first net zero carbon developments

Release Date: 04/02/2025 09:00
Code(s): AHR     PDF:  
Wrap Text
Assura completes first net zero carbon developments

Assura plc
(Incorporated in England and Wales)
(Company Number: 09349441)
LEI number: 21380026T19N2Y52XF72
LSE Share Code: AGR
JSE Share Code: AHR
ISIN Code: GB00BVGBWW93
Assura plc ("Assura" or the "Company")


Assura completes first net zero carbon developments

Assura plc, the UK's leading diversified healthcare REIT, is pleased to announce the completion of
two development projects, which are its first schemes designed to be net zero carbon, and
achievement of Gold Certification under the IWBI WELL Building Standard for the Northumbria Health
and Care Academy.

Jonathan Murphy, CEO, said:

"Today's announcement demonstrates delivery against our commitment to produce sustainable
healthcare assets that offer a positive social impact to the communities they serve, while helping our
healthcare customers to meet their net zero carbon aspirations.

"We have a clear, stated ambition to be net zero carbon by 2040 and the number one listed property
business for long-term social impact. The completion of our first two developments applying the
Assura Net Zero Carbon Design Guide marks further progress.

"I'm incredibly proud that our progressive approach to building design has been rewarded with the
Northumbria Health and Care Academy in Cramlington being the first healthcare building in the UK to
achieve WELL Building Standard Gold Certification.

"Our ESG strategy, The Bigger Picture, sits in the heart of our business and decision making and we
will continue to deliver impressive buildings that facilitate the delivery of high-quality healthcare
services. As the first FTSE 250 B Corp Assura is continually focused on prioritising the positive impact
we have on all our stakeholders."

Completion of net zero carbon schemes at Fareham and Winchester

Following the launch of Assura's Net Zero Carbon Design Guide(1) in 2022, we have now completed
our first two development projects committed to achieving net zero carbon for both embodied and
operational carbon.

The two projects, in Fareham and Winchester, had a combined total development cost of £13.6 million
and are immediately rent producing with the tenants now in occupation.

At Fareham, a refurbishment of an existing high street building into a specialist Children and Family
Development Centre for Hampshire and Isle of Wight Healthcare NHS Foundation Trust, the focus
was on controlling the internal environment using as little energy as possible. Significant upgrades
were made to the roof, walls and windows, which was combined with the installation of an all-electric
heat pump system, powered using as much renewable energy as possible from 72 new solar panels
installed on the roof.
                                          
At Winchester, a new-build city centre development for a medical practice serving over 17,000
patients, an all-electric energy solution has been adopted, as well as maximising solar panels on the
roof, to minimise the ongoing running costs for the tenant.

Whole life carbon assessments are now being updated and finalised for each site to reflect the
materials used during construction to calculate the final embodied carbon required to be offset.

In line with UK Green Building Council guidelines, actual energy consumption will be monitored at
both sites over the first 12 months of operation to compare performance against design assumptions
with appropriate adjustments and offset credits then acquired to ensure operational net zero has been
achieved.

First healthcare building in the UK to achieve WELL Building Standard Gold Certification

Assura's flagship development in Cramlington, the Northumbria Health and Care Academy,
completed in 2024, has been awarded Gold Certification under the WELL Building Standard(2). It is the
first healthcare building of its kind to achieve this in the UK.

The Northumbria Health and Care Academy, let to the Northumbria Healthcare NHS Foundation Trust
on a 30-year lease, provides training to nurses, midwives and allied health professionals such as
physiotherapists, radiographers, podiatrists and occupational therapists.

                                             – Ends –
For more information, please contact:

Assura plc                                    Tel: 0161 515 2043
David Purcell, Investor Relations Director    Email: Investor@assura.co.uk


FGS Global                                    Tel: 0207 251 3801
Gordon Simpson                                Email: Assura@fgsglobal.com
Grace Whelan


Notes to Editors
1 Assura's Net Zero Carbon Design Guide covers every stage of the design process to advise on what
  improvements can been made to building design and material choices to minimise the project carbon
  footprint. https://www.assuraplc.com/sites/assura/files/NetZeroDesignGuide_Issued_P03.pdf

2 WELL, operated by the International WELL Building Institute ("IWBI"), is a globally recognised
  evidence-based certification aimed at promoting healthier buildings by focusing on both design and
  operational excellence to prioritise the wellbeing of building users. WELL is based on ten key
  concepts: Air, Water, Nourishment, Light, Movement, Thermal Comfort, Sound, Materials, Mind and
  Community. The certification is based on information provided to the IWBI and attributed to the
  Northumbria Health and Care Academy and all other projects at the time of enrolment, and relevant
  fields such as sector, industry or primary space type. https://www.wellcertified.com/

About Assura plc
Assura plc is the UK's leading diversified healthcare REIT. Assura enables better health outcomes
through its portfolio of more than 600 healthcare buildings, from which over six million patients are
served.

A UK REIT based in Altrincham, Assura is a constituent of the FTSE 250 and the EPRA* indices and
has a secondary listing on the Johannesburg Stock Exchange. As at 30 September 2024, Assura's
portfolio was valued at £3.2 billion and has a strong track record of growing financial returns and
dividends for shareholders.

At Assura we BUILD for health and as the first FTSE 250 certified B Corp we are committed to keeping
ESG at the heart of our strategy, creating Healthy Environments (E) and Healthy Communities (S)
and maintaining a Healthy Business (G).

Further information is available at www.assuraplc.com

*EPRA is a registered trademark of the European Public Real Estate Association

4 February 2025

Corporate Advisor and JSE Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited




                                         

Date: 04-02-2025 09:00:00
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