By: Isabelle Elizondo On: December 21, 2023 In: Comments: 0

The CEFC will leverage the power of private sector capital to finance sustainable building upgrades, committing up to $75 million via a new investment mandate. The mandate will target commercial offices, hotels and retail assets to decarbonise a substantial part of the property sector. The CEFC investment will be managed by leading Australian commercial real estate investment manager, MaxCap Group. Under the mandate, MaxCap will originate, execute and manage a portfolio of real estate loans, aiming to attract further institutional capital to invest in the sustainable refurbishment of commercial buildings.

The mandate will provide senior debt finance for building owners seeking to improve sustainability performance of low rated commercial office, retail and hospitality assets through repositioning and upgrade works that reduce operational emissions by at least 30 per cent.

Trackback URL: