Building and project consultancy Paragon has launched a green investment service to help funds set and attain specific environmental targets.
ESG & Responsible Investing
LGIM Real Assets has appointed Shuen Chan as Head of ESG as it continues to establish itself as a global leader in responsible investment.
European proptech VC A/O PropTech has launched - after raising EUR250 million permanent capital to invest in technology companies disrupting the real estate sector.
Frasers Property UK has signed the Better Buildings Partnership’s (BBP) Climate Change Commitment. The BBP’s Climate Change Commitment unites signatories in targeting carbon net zero by 2050 and commits all signatories to publish their net-zero pathways by the end of this year.
Crédit Agricole CIB (CACIB) and ING have acted as original lender, mandated lead arranger and, for the first time in the Italian Real Estate sector, as green structuring adviser in a five-year mortgage financing of EUR85 million.
Bridge Investment Group (Bridge) has named Matthew Jensen as Managing Director of ESG and Sustainability. He will oversee the development, implementation and refinement of Firm-wide environmental, social and governance initiatives and practices, driving sustainable investments and operations.
Property investors should de-risk their office strategies to core locations and ESG-compliant assets in order to position themselves for an economic recession, according to UBS-AM Real Estate & Private Markets.
Helen Drury has been appointed as Sustainability Lead at Tritax Group, which acts as the Fund Manager to Tritax Big Box REIT (ticker: BBOX) and Tritax EuroBox plc (EBOX (Sterling); BOXE (Euro)).
Citycon Oyj (Citycon) is considering issuance of euro-denominated green capital securities (Capital Securities) up to EUR400 million in vaue. The Capital Securities will be offered mainly to European, including Nordic, institutional investors through a book building process.
Pan-European real estate investment manager Redevco has committed to making its entire portfolio net zero carbon by 2040 as part of its ongoing efforts to act responsibly and reduce its impact on the environment.