Mercan Properties Announces Major Sustainable Hotel Expansion, Targeting LEED and BREEAM Certification Across Portugal
Mercan Properties has publicly reaffirmed its strategic focus on sustainable hospitality, announcing plans to develop a portfolio exceeding 30 certified green hotels across Portugal by 2030. The developer is actively pursuing projects in high-value markets including Lisbon, Porto, the Algarve, and Madeira, with a declared commitment to achieving internationally recognized environmental standards for each new build.
The company's commitment to top-tier environmental standards was solidified with its Renaissance Porto Lapa Hotel, which opened in 2023. The property was the first in Portugal to be awarded LEED (Leadership in Energy and Environmental Design) Platinum certification, placing it among a select group of hotels globally. This certification requires adherence to strict criteria for energy efficiency, water conservation, and sustainable materials. Hugo Padrão, Director of Sustainability at Mercan, stated, "Mercan is committed to building the greenest hotel portfolio in Portugal, with the largest set of assets under internationally recognized sustainability standards, such as LEED or BREEAM."
Mercan's development strategy incorporates advanced energy-efficient systems, renewable energy features where feasible, and sophisticated water management practices. The use of locally sourced and sustainable construction materials is also a core component of their building practice, aimed at reducing the carbon footprint of each project. This approach aligns with the expertise of specialized green building constructors.
Beyond the environmental benefits, this strategy has demonstrated a positive impact on urban regeneration. In Porto, the development of the Renaissance hotel was coupled with the transformation of 17,000 m² of underutilized land into a public park, enhancing community well-being and local biodiversity. This holistic approach to development is a key part of Mercan's value proposition.
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The long-term financial implications of this strategy are significant. Green-certified buildings often command higher asset values, attract environmentally conscious corporate and leisure travelers, and can result in lower operational costs over the building's lifecycle. Government incentives and support programs for green buildings in Portugal may also provide additional financial advantages, a factor investors should consider. Our guide on sustainability offers more context on this trend.
The company's environmental impact assessments for new projects are rigorous, aiming to mitigate negative effects and enhance the local ecosystem. This includes measures for waste management during construction and operations, as well as initiatives to protect and restore natural habitats. Industry leadership in this area positions Mercan as an innovator in the Portuguese hospitality sector.
Looking ahead, the future of green building standards in Portugal is expected to become more stringent, and Mercan's proactive strategy places it ahead of the regulatory curve. This commitment to sustainability is not just a corporate policy but a core business driver that is reshaping the hospitality landscape in the country. Discover eco-friendly properties and green developments at realestate-lisbon.com.