Commercial, Energy Efficiency, GHG Emissions - August 30, 2023
Basel Marriott Hotel Receives LEED Certification
The Basel Marriott Hotel in Basel, Switzerland, was refurbished recently and received LEED Platinum certification.
The property, previously known as Swissôtel Basel, underwent a significant renovation and rebranding program and is now the Basel Marriott Hotel.
The hotel is owned by H.I.G. Capital, LLC, a global alternative investment firm.
“We have recently strengthened our Asset Management team with the addition of Federico Faravelli, formerly Head of Asset Management U.K. and Ireland at AXA Real Assets and a specialist in ESG,” said Alessio Lucentini, Managing Director and Head of Asset Management at H.I.G. Realty in Europe, in a statement. “In addition to achieving LEED Platinum in Basel, we have recently achieved LEED Gold on two of our other assets in Italy. This has also allowed us to reduce the borrowing costs for the two assets, and helped reduce operating costs due to the properties’ improved energy efficiency. We will continue to focus on ESG initiatives that can add value to our portfolio”.
The hotel is located in close proximity to the Congress Centre and Messe Basel, which host prestigious events such as Art Basel in addition to numerous notable medical and life-sciences conferences.