Árima’s newly “greened” Guadalix logistics asset is delivering significant results for tenant, landlord and environment alike. The Madrid REIT is a good example of a landlord for whom the “green building revolution” is very much an opportunity, as opposed to the much-reported threat.

Vivisol, the home healthcare subsidiary of Italian gases group SOL SpA, is now a leading provider in Europe, and has been clocking in at around 70% of group EBIT. That makes the share one of the purest European plays on the growing trend for health authorities to de-hospitalize parts of in-patient care.

We caught up with Árima during their London roadshow. This Madrid green office REIT’s shares have held up somewhat better than the STOXX Real Estate Index, and one can see why. Despite the fact that Arima’s buildings and projects are classic “green premium” rentals, its market cap currently implies a yield of over 7%.