Fiera Real Estate UK (FRE UK) has received Global Real Estate Sustainability Benchmark (GRESB) Green Star status for all its funds with the Fiera Real Estate Opportunity Fund UK IV (FREOF IV) receiving the highest score across its Northern European peer group.
ESG & Responsible Investing
Aviva Investors, the global asset management business of Aviva, has completed a further GBP50 million financing agreement with Big Yellow Group, the UK-based self-storage company, as it continues to expand its sustainability-linked financing programme.
Climate Solutions, a climate-focused capital raising and strategic advisory firm, has launched Climarket, an online marketplace for institutional investors seeking climate and ESG-focused investment opportunities in private markets.
Hometel brand room2 is to open the world’s first whole life net zero carbon hotel in Chiswick, West London, in December.
BMO Real Estate Partners (BMO REP) has published a phased pathway to decarbonising its business and becoming net zero carbon by 2050 or sooner.
Glasgow has been named among Europe’s top green cities for real estate, living up to its name as the ‘dear green place’ ahead of the UN’s COP26 climate change summit arriving in the city next month, according to a new report from Knight Frank.
Blackbrook Capital (Blackbrook), a European independent real estate investment firm focusing on mission-critical commercial property, has hired Olivier Lebrun as Portfolio & ESG Manager.
Following the launch of the Kempen SDG Farmland Fund, in collaboration with Stichting Pensioenfonds PostNL (PostNL Pension Fund Foundation), two leading insurance companies, Coöperatie DELA and De Goudse, have joined to invest in efforts to make farmland more sustainable.
CBRE Investment Management, on behalf of a fund it sponsors, has issued its second green bond in the euro market. The new EUR500 million senior unsecured green bond has a tenor of eight years, at an all-in coupon of 0.9 per cent and is rated BBB+ by S&P.
Orchard Street Investment Management (Orchard Street), a specialist commercial property investment manager, is accelerating its ESG efforts through the launch of a net zero carbon pathway.