All articles by Adrian Murdoch
Adrian Murdoch
Real estate industry must tackle carbon emissions
The real estate sector needs to cut emissions. The fact it is not on any investor exclusion lists might help.
Has the airline industry finally embraced sustainability?
Air France-KLM’s recent sustainability move is a step towards transparent transition, but the industry still has its head in the sand.
HDFC and the $1bn Indian affordable housing deal
Indian financial group HDFC has signed the world’s largest social loan to help provide affordable housing. An encouraging sign, perhaps, but there are doubts it will presage a flood of such transactions just yet.
What Singapore is prioritising for climate mitigation
Singapore environment minister Grace Fu discusses climate initiatives such as the city state’s carbon tax and how it plans to make its big petrochemical and refining industry more sustainable.
Singapore banks push into small-ticket green loans
The country’s big lenders are raising their focus on sustainable lending to individual investors and small businesses, despite the administrative challenges and lower margins involved, taking the view that a more bottom-up approach will help address the climate crisis.
“Challenging” ESG targets set for landmark UK housing sector bond
London & Quadrant Housing Trust has sold the property sector’s first sterling sustainability-linked bond amid strong demand for such debt. Company treasurer Martin Watts discusses the deal, which incorporates targets linked to emissions and affordable housing plus a stiff penalty.
Hong Kong reit extends green strategy with urban farm plan
Fortune Real Estate Investment Trust has signed a sustainability-linked interest rate swap tied to a farm on top of a mall, adding to its three sustainability-linked loans and setting a positive example in a territory and sector not famed for their green credentials.
Retirement housing is driving New Zealand green finance
Retirement village operator Summerset has inked a landmark sustainability-linked loan related to reductions in carbon emissions and construction waste and, less typically, the development of dementia care. Its domestic peers are also expected to take the green finance path.
Dubai: Landmark sustainability-linked loan targets gender diversity
Hotel and shopping mall group Majid Al Futtaim will use the proceeds from its new $1.5bn sustainability-linked loan to target emissions, green malls and, in a first for the Middle East, gender inequality. Head of treasury John Arentz provides the details.
How a French property firm turned its €5.6bn of debt green
Real estate investment trust Gecina has completed the landmark green conversion of its entire debt portfolio. Finance head Nicolas Dutreuil explains the rationale and process of the first restructuring of its type in the property sector.