In October, we signed our first green finance agreement, the €24.5m refinancing of the Titán 8 office building in Madrid. The loan complies with the components of the Green Loan Principles and is labelled green due to Titán 8’s LEED Gold certification status.
Since acquisition in late 2020, we have undertaken a net zero carbon scoping audit and implemented new HVAC consumption monitors and electric vehicle charging, to continuously deliver on our sustainability commitments, including halving the carbon emissions of our European portfolio by 2030.