SPONSORED: CBRE IM – Alternative credit to play a role in Europe’s ESG transformation

ESG requirements and European net-zero carbon emission targets will likely create a credit a performance spread between sustainable and less sustainable assets. A sponsored report by Emma Huepfl, managing director and co-head of EMEA Credit Strategies, CBRE Investment Management, which was published in the July/August issue of Institutional Real Estate Europe, examines how alternative lenders have an opportunity to step in and finance ESG renovation and fill the funding gap traditional bank lenders cannot or will not provide. “The scale of the need is immense,” notes Huepfl, explaining that 60 percent to 75 percent of buildings will require major retrofitting, in most cases funded by external financing, to remain occupiable under new rating Energy Performance Certificate (EPC) requirements. To access a pdf of the Sponsored Section,