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Sign in Sign up for a FREE subscriptionEDGE and MAM agree to strategic partnership in sustainable real estate development
Macquarie Asset Management and sustainability-focused real estate developer EDGE have agreed to a strategic partnership, with Macquarie Asset Management on behalf of one of its managed funds to acquire a significant minority stake in EDGE alongside its founder and CEO, Coen van Oostrom.
EDGE is a real estate developer focused on sustainable, tech-enabled office spaces with operations in Germany, the Netherlands and the United Kingdom, as well as joint ventures in the United States. EDGE is currently developing around €5 billion ($5.7 billion) of new office buildings, including Berlin’s EDGE East Side, Amsterdam’s The Pulse and EDGE London Bridge.
With the built environment responsible for 39 percent of global energy-related carbon emissions, the real estate sector has a key role to play in the world’s decarbonisation efforts. EDGE’s buildings have consistently set new benchmark scores for sustainability, which have been recognized with BREEAM Outstanding, DG