French REIT Gecina has secured a sustainable improvement loan with Crédit Agricole Corporate & Investment Bank.

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Gecina secures €100m sustainability loan from CACIB

The maturity of the €100 mln loan is seven-and-a-half years (until January 2026).

Gecina’s performance will be checked annually according to three criteria: the Global Real Estate Sustainability Benchmark (GRESB) rating, energy transition and carbon footprint (based on the achievement of targets to reduce greenhouse gas emissions across its portfolio) and workplace wellness and occupant productivity.

Gecina has a GRESB score of 93/100, the fourth highest rating for an office real estate company worldwide and the highest in Europe.