Lucy Scott
The joint venture partners have agreed to a sustainability-linked loan from lenders HSBC and OCBC.
The consultant’s newly launched sustainability index finds industrial properties are less impacted by sustainability than offices and retail.
Only through collective action will urgent change be achieved, delegates at the Urban Land Institute’s Copenhagen conference are told.
More than 60% of respondents to an Urban Land Institute survey said concerns about the risks involved in decarbonizing assets have led to acquisitions not going ahead.
The investment manager believes the impact on returns of energy-efficiency upgrades will be more ‘manageable’ than previously feared.
Measuring the impact of the escalating climate crisis on commercial real estate is becoming imperative, but the sector is still learning how to do it.
European property values will be more impacted than expected by the failures at US regional banks, says consultancy Oxford Economics.
The US manager will include UK offices in the lending strategy of its incoming £1.4bn debt fund.
As huge bond repayments loom, the country’s property companies are looking for alternative sources of finance.
The newly branded Niam Credit plans to expand into mezzanine finance in preparation for widespread refinancing challenges in the region.