Acofi Gestion’s RED VI Impact fund closes first loan

Acofi Gestion’s fund RED VI Impact has closed its first loan transaction. This inaugural loan has financed an office property in the Netherlands for LCN. The collateral is a positive energy asset.

The loans to be originated by the fund, managed by Acofi Gestion, will include environmental impact features based on a set of specific actions to be carried out by the borrowers in four key areas, which are aligned with the UN’s Sustainable Development Goals and relevant to the property industry. These include water management, greenhouse gas emissions, waste management and energy consumption.

Established earlier this year with a fundraising target of €600 million ($708 million), RED VI Impact has already pieced together a handful of institutions, said Acofi.

RED VI Impact is Acofi’s sixth vintage in the European real estate senior debt industry. Fundraising for this initiative has already begun. Simultaneously, Acofi has deployed its fifth vintage, with some