Poland Green financing for three CPIPG office assets

The transaction was carried out in accordance with the principles contained in Aareal Bank’s Green Finance Framework specifying the lending institution’s criteria for granting green financing. This means that the real estate covered by the transaction must meet at least one of the requirements set by Aareal Bank both at the time the financial obligation comes into force and throughout its duration. These include for the properties in question: compliance with EU taxonomy criteria; sustainability certification recognised by the World Green Building Council; final energy consumption at an appropriate level; and a strategy for the further energy efficiency improvement of the real estate.

WFC, Equator IV and the Eurocentrum complex all met the requirements laid down by Aareal Bank. This is the result of the group’s ESG strategy, which we are taking great care to implement.
Łukasz Krawczyk, a Project Finance Manager at CPIPG

The above-mentioned properties have also each obtained certificates from Aareal Bank to confirm that the transaction was carried out in line with the institution’s green financing principles.

CPIPG is planning to continue obtaining eco-financing in the future.

We certainly aim to take advantage of such opportunities provided by banks. Our real estate portfolio meets the eligibility standards for the green financial instruments of most lending institutions. We are also delighted to be able to demonstrate the work we have done on introducing high standards of sustainability to the real estate sector and plan to obtain BREEAM certification at the ‘Excellent’ level for most of the buildings in our portfolio. We are also introducing green lease agreements to make our properties even more attractive to tenants and investors.
Barbara Topolska, Poland Country manager of CPIPG

CPI Property Group manages 23 office buildings with a total area of over half a mln sqm and a combined value exceeding EUR 1.7 bln.