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The CMBS special servicer will leave the valuation in draft form until the future of the asset’s key tenant is clearer.
The manager’s original €450m facility has been increased, with new lenders Deutsche Bank and CACIB added.
The CFO of the US logistics developer says lenders need help to ensure ESG-focused loans comply with EU regulations.
The industry body has urged the European Commission to consider a new labelling system akin to UK FCA's proposal for the SDR.
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.
The bank wants Australia-listed sponsor Cromwell to report on indirect carbon emissions.