COIMA SGR agrees to €137m in green financing for major Porta Nuova scheme in Milan

COIMA SGR has arranged a new financing agreement with Banco BPM, Bayerische Landesbank, Crédit Agricole and ING Bank for €137 million ($154 million) to refinance the Corso Como Place real estate complex held by COIMA’s Porta Nuova Bonnet real estate fund.

COIMA acquired the complex, formerly known as the Unilever Tower, in December 2016, overseeing a deep refurbishment to improve its sustainability credentials. Following the addition of state-of-the-art sustainability technologies, including smart building infrastructure, the complex now has 50 percent lower energy consumption when compared to standard Milan commercial buildings. The complex has achieved LEED Gold for sustainability and was the first Italian office building to achieve a WELL certification with a Gold rating.

Located in the heart of Milan’s Porta Nuova district, COIMA’s large-scale sustainable urban regeneration development, Corso Como Place is leased to leading national and international corpo