Advising Gecina in connection with the first sustainable improvement loan indexed on its GRESB Rating

De Pardieu Brocas Maffei has advised Gecina in connection with the setting-up of the first sustainable improvement loan of € 150 M with ING France, with its margin depending, among others, on its Environmental, Social and Governance (ESG) performance measured by its GRESB Rating (Global Real Estate Sustainability Benchmark).

This is the first Commercial Real Estate GRESB reflected into a sustainable improvement loan.

The concept for sustainability financings heralds a new approach by encompassing not just environmental, but also social and governance aspects.

With a score of 93/100 Gecina ranks fourth among office REITs globally.