Global real estate investment manager LaSalle Investment Management said on Wednesday that its debt investment platform has expanded its senior-secured debt strategies to include a dedicated sustainable lending focus.
In the last year, the platform has provided over €350 million of green loans across Europe. LaSalle Debt Investments has grown its capacity to support borrowers in retrofitting existing assets to improve their energy performance and fund the construction of the next generation of energy-efficient buildings across the UK and continental Europe. Recent green loan activity includes a £148 million senior facility to support the construction of a PBSA scheme in central London, a £115 million development facility to support a multi-asset regional UK PBSA portfolio, and a €40 million mezzanine facility to support the retrofit of a Berlin office asset.
LaSalle works with third party ESG advisors to create a green lending framework that aligns with the Loan Market Association’s green loan principles.
Source: https://propertyeu.info/Nieuws/LaSalle-expands-European-senior-debt-strategies-to-include-sustainable-lending/d4cd5da0-004b-4843-919e-f211969a7516, on 13 April 2023