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Sustainable finance

Europe and the Americas are moving at a different pace on sustainability action, says Chris Pyke, chief innovation officer for GRESB.
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.
The European Investment Bank has provided the capital for the listed developer to create industrial parks powered by on-site energy.
The investment manager believes the impact on returns of energy-efficiency upgrades will be more ‘manageable’ than previously feared.
Janki shopping centre
The bank wants Australia-listed sponsor Cromwell to report on indirect carbon emissions.
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.
Vicky Schiff, chief executive of Avrio Management, is on a mission to prove that environmental and social improvements also make for better business, Rob Murray writes.
Apartment
The lender has introduced a loan framework designed to fund affordable housing in Germany and the Netherlands.
The Eastern European property group has raised debt for offices as part of a €600m financing package.
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