ESG

Lenders still have an obligation to think about obsolescence, pbb’s Thomas Köntgen said.

Sustainability chiefs tell PERE Network Europe Forum delegates that investors will shift allocations amid US ESG backlash.

The debut financing, secured against a London office development, supports the firm’s strategy to finance transitional assets.

Managers are facing a ‘mind-blowing’ climate financing need.

The lenders and investors tasked with improving the green credentials of their portfolios are passionate – and fatigued.

Richard Craddock, who was appointed to lead the firm’s expansion into real estate credit, explains the rationale behind the strategy.

Chicago-based manager was part of the capital stack for the construction financing on The Edison, a 378-unit, mass timber luxury apartment building in Milwaukee. 

Property finance was on the agenda during week one of the 29th session of the Conference of the Parties to the United Nations Framework Convention.

The transaction is a record for the Nuveen affiliate and will be used to recapitalize a Class A office building in San Jose.

The alternative asset manager prefers office renovation projects to demolition plans, according to its head of UK real estate investment.