Target returns and sustainability goals can both feature in real estate debt strategies, argue BNP Paribas Asset Management’s Christophe Montcerisier and Nicolas Toupin.
The credit manager has set up a Paris-based debt business focused on lending against assets being readied for a low-carbon economy across continental Europe.
Across the financial and asset management worlds, claims about sustainability are coming under scrutiny. For real estate lenders, ensuring that their approach to ESG-related lending is clear and accountable is becoming imperative.