The efforts in real estate come amid a wider push in the finance world. As well as a €40 million facility for a prime office building in Frankfurt, the loan will also finance an urban logistics park near London’s Heathrow airport. This year, French real estate investment trust Gecina completed the green conversion of all its outstanding […]
In Asia Pacific, 70 percent of companies recently polled by JLL were willing to pay higher rents for space in green-certified buildings, which can help them meet decarbonisation targets. Over 70 percent of investors believe that green certifications drive higher occupancy, rents, and tenant retention, as well as an overall higher asset value, the survey […]
Allianz Real Estate just announced plans to upgrade 57 of its 500 directly held assets as it looks to reduce its global carbon emissions by a quarter by 2025. The real estate industry’s ability to deliver greener buildings – mainly through retrofitting of existing assets – is crucial, says Ali Ingram, director and sustainability lead in JLL’s European office […]