Press release
The rise of Vertical Forests
The financial downturn is not the only thing that is plaguing Italy. Milan is reportedly one of the most polluted European cities so in a bid to combat emissions, the new development of a vertical forest has been unveiled.The design, by architect Stefano Boeri, is a one of a kind concept and incorporates 900 trees in the structure. These act as an oxygenator that filters out fumes from the bustling city.
This isn’t the only benefit of the vertical forest provides. Heating is controlled by the trees. This feeds off the unwanted water from the block and provides shade during the summer.
Boeri also believes that there was a lack of nature in city landscapes, which is why the residential apartments on offer will boats serious extras you’re unlikely to find elsewhere.
This comes at a price though ranging from €750,000 to €1.2mn. House-hunters probably won’t be put off by the price tag given the sleek design and location- Italy remains the fifth most popular destination for house-hunters.
Vertical forests have been growing in popularity so much so that the AWR hold competitions in architecture, interior design, industrial design and urban planning.
As a result of population growth and urban centralization, there is a demand for real estate and food.
Vertical farming was a proposed solution where architecture and nature worked together. Participants aimed to meet the requirements of the World Green Building Council, determine which materials were best suited to use to construct a vertical farm, identify the best resistant, light, transparent and long-term materials and experiment with innovative materials.
The competition received an array of submissions but in the end these were the final top three.
Our approach is a sensible one, appreciating the high demand for timber and the fact that the timber trade will continue. Therefore we have an opportunity to participate and make sure that any negative impact to the surrounding environment and community is minimised and that good management secures the future of the forests. GFI believe that investments in overseas forestry will bring diversity, growth and stability to any investment portfolio – especially in the currently unstable economic climate, whilst creating the added tax and green benefits associated with most ethical investments.
Global Forestry Investments
UK - Brazil - Dubai
St Clements House
27-28 Clements Lane
London EC4N 7AE
Safeera Sarjoo, Editorial Coordinator
Tel: 0207 754 0493
Email: safeera@globalforestryinvestments.com
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