July 7, 2020

Cosmos Yopougon becomes the first edge certified green commercial building in Côte d’Ivoire

SFO Group is proud to announce that Cosmos Yopougon, the leading shopping centre in Côte d’Ivoire, has been awarded the EDGE green building certification by the World Bank’s IFC, making it the first internationally recognized green commercial building in Francophone West Africa with achievements in the following areas: 29% energy savings, 41% water savings and 44% less embodied energy in materials. This confirms Cosmos’s position as one of the most efficient shopping centres in Sub-Saharan Africa.

SFO launched the development of Cosmos in 2016, with the mall opening its doors to visitors two years later. Anchored by French retailer Carrefour, and home to many other international and local brands, Cosmos has welcomed more than 5 million visitors since its inauguration in 2018.

Commenting on the milestone, Mohamad Abouchalbak, CEO of SFO, said: “This award emphasizes our ongoing commitment to responsible investing. In addition to the EDGE green building certification, Cosmos has had long-lasting positive social and economic impact on the surrounding communities since its launch, creating jobs and promoting sustainable growth. Furthermore, during the COVID-19 pandemic, Cosmos has continued to play this role by making donations and contributions to local authorities and communities to provide much needed protective kits and food supplies.”

About SFO Capital Partners: SFO Capital Partners is a London-based global real estate investor and investment manager, committed to achieving superior risk-adjusted returns and focused on establishing and maintaining long-term relationships with its global clients and partners. SFO Capital Partners applies its global mindset, in-depth sector experience and local knowledge to unlock international real estate investment projects in Europe and the USA across a select range of investment strategies including income-generating, value-add and development schemes. As of December 2023, SFO Capital Partners has acquired a diversified portfolio comprising more than $2.4 billion in assets located primarily in the USA and Europe, including 7,400 apartments and more than 10.8 million square feet of commercial real estate under management.

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