Alternative lenders have been increasingly active in green and sustainable lending for European real estate, in part motivated by investors' net-zero targets.
It is hard to pinpoint the volume of sustainability-linked lending right now, and it will take time before it is the default in real estate lending, yet some progress has been made.
Aviva Investors is on track to hit its sustainable real estate loan origination target ahead of schedule. The company’s head of property lending explains what he has learned from the strategy so far.
Private and listed equity, private and listed debt, green bonds – all investment instruments have a critical role in achieving a positive sustainable impact, says Old Mutual Alternative Investments’ head of ESG, Dean Alborough.