The Polish arm of European real estate developer, Ghelamco, says it has been buying energy with green certificates since 2015 but this has not proved sufficient. In response, the company has taken matters into its own hands.
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Global ESG benchmarking firm GRESB has launched two new products to help asset managers with their efforts to decarbonise and achieve sustainability-linked targets.
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ULI Europe has launched a programme to galvanise industry efforts to decarbonise real estate as part of the broader fight against climate change.
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The Nexus 1 closed-end real estate fund of Amundi Re Italia has secured a €110 mln green loan from lenders Crédit Agricole and ING secured against a portfolio of seven office properties in loan.
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Chris West, head of timberland, infrastructure and indirect property at UK-based investor, the Church Commissioners for England, has said it is diversifying into climate infrastructure projects across western Europe.
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In a busy day for companies and organisations announcing carbon reduction participation, three organisations trumpeted details of environmental improvement initiatives and reports on Wednesday.
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Scannell Properties, the private US developer-investor that expanded to Europe in 2018, has made an “environmental” hire in France, a country described by its new addition as having a booming warehouse development market.
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Buildings are long-lived and have long lead-in times, meaning that the way we think about them now is not necessarily how our forebears will have designed them, writes Josip Kardun, chief investment officer at Mark and head of Doma.
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German real estate investment company Quest Investment Partners has founded Quest Energy to create renewable energy with a focus on solar power.
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The European Public Real Estate Association (EPRA) and the Carbon Risk Real Estate Monitor initiative (CRREM) have entered a partnership to educate EPRA members on climate change targets.
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Belgian healthcare REIT Aedifica has announced it will invest €21 mln in the acquisition and extension of a care home in Somme-Leuze in Belgium.
