Klépierre Secures €260 Million Green Loan for Hoog Catharijne Shopping Centre
| Target: | Klépierre |
| Seller: | Klépierre |
| Advisory sell side: | Van Lanschot Kempen | Sole Financial Adviser |
Date announced: | 2023-10-20 |
In a significant milestone for sustainable development in the real estate sector, Klépierre, a leading European shopping center operator, has successfully secured a €260 million green loan for its iconic shopping destination, Hoog Catharijne.
The €260 million green loan represents a significant step towards Klépierre's sustainable financing goals. Green loans are specifically earmarked for projects that have positive environmental impacts. In this case, the funding will be directed towards initiatives aimed at enhancing the sustainability features of Hoog Catharijne, thereby reducing its environmental footprint.
By securing this substantial green loan, Klépierre is setting a new standard for sustainability in the real estate industry. Their dedication to transforming Hoog Catharijne into a greener, more eco-conscious space showcases the company's commitment to creating environments that benefit both the community and the planet.
Klépierre's successful acquisition of a €260 million green loan for Hoog Catharijne shopping center is a testament to their unwavering commitment to sustainability. This funding will not only enhance the environmental performance of the landmark Utrecht shopping destination but will also serve as a beacon of inspiration for the wider real estate industry. With initiatives aimed at reducing its environmental impact, Hoog Catharijne is poised to become a shining example of a green, forward-thinking commercial space.