HRE Development and Econetix Partner on Earth Day to Drive Net-Zero Real Estate in the UAE
Wednesday, 30 April 2025
In a major Earth Day announcement, HRE Development has partnered with global carbon asset manager Econetix to champion sustainability in UAE real estate. Their collaboration aims to eliminate 1 million tons of CO2 and set a new benchmark for eco-conscious construction through innovative net-zero developments like Skyhills Astra.
Highlights:
- Earth Day Launch: Partnership unveiled on Earth Day, underscoring the urgency and relevance of the initiative.
- Carbon Removal Goal: HRE to invest in certified carbon projects designed to remove 1 million tons of CO2 from the atmosphere.
- Community Impact: Projects will also support local communities and enhance educational opportunities for underprivileged children.
- Flagship Project – Skyhills Astra: One of the UAE’s first net-zero real estate developments, using sustainable materials and innovative, eco-friendly design.
- Leadership Statement: HRE CEO Wissam Breidy emphasized building with purpose to leave a positive legacy for future generations.
- Econetix Perspective: Founder Jakob Zenz praised HRE for setting a new industry standard and challenging global real estate norms.
- Strategic Collaboration: Econetix brings its global expertise in guiding governments and corporations toward impactful climate action.
