Catella Residential Investment Management (CRIM) has acquired the Elithis Tower project in Mulhouse, France, for €14 million. The purchase was made through the Catella Elithis Energy Positive Fund (CEEPF), the world’s first real estate fund focused solely on energy-positive residential buildings.
What Makes the Elithis Tower Unique?
The Elithis Tower in Mulhouse is designed to generate more renewable energy than it consumes. This is made possible by:
✅ Photovoltaic panels on the roof and facades
✅ Wind turbines integrated into the design
✅ An energy coach app to help tenants manage consumption
This innovative residential development will feature 64 modern apartments across 16 floors, strategically located near Mulhouse’s railway station for excellent transport connectivity.
Lower Energy Costs for Residents
One of the most attractive aspects of the Elithis Tower is its ability to reduce or even eliminate energy bills for tenants. With the integration of smart energy solutions, residents can monitor and optimize their energy usage, improving sustainability while enhancing disposable income.
Catella’s Long-Term Sustainability Strategy
This acquisition aligns with Catella’s broader strategy to invest in affordable and eco-friendly housing across Europe. In partnership with Elithis, Catella aims to develop 100 energy-positive residential towers in France and other European countries by 2030.
Conclusion: A Model for the Future of Green Living
The €14 million investment in the Elithis Tower Mulhouse demonstrates Catella’s commitment to pioneering sustainable real estate. By integrating cutting-edge renewable energy technologies, this project sets a new standard for energy-efficient living in France and beyond.
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