Sustainable Financing

For more than two decades, we have been integrating sustainability into our corporate strategy, maintaining it as a central pillar of positioning across all its business areas, to continue to deliver solutions with shared value for the company, the environment and society.

In 2022 we have established a Sustainability-Linked Financing Framework as a means to further communicate to investors and other stakeholders our ESG strategy and commitments towards carbon neutrality by 2040 and adapting our operations to a Circular Economy by linking our upcoming financing with meaningful and ambitious ESG targets.

Therefore we have refinanced part of our corporate debt, to the tune of around €50 million, through the issuance of bonds linked to our sustainability performance, namely greenhouse gas emissions and the recycling rates of managed and owned Shopping Centres.

Our goal is to continue to link our corporate debt to sustainability criteria.

Sustainability-Linked Financing Framework

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Second Party Opinion

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