ESG considerations now key in lending decisions: Berlin Hyp
ESG has become an even more important aspect from the perspective of lenders stated Justyna Kedzierska Klukowska, who heads property lender Berlin Hyp’s Warsaw office.
“In our lending decisions we want to make sure that we lend to the right property,” she said, explaining that “right” means the property, its location and that the property is sustainable inorder to remain attractive to future investors and tenants.
“What has become very clear in the last months is that lots of tenants, under their company strategies, also require that the office space they occupy fulfills the requirements of ESG.”
Klukowska added that this means that buildings should be energy efficient, but the landlord should also fulfil the social and governance aspects of ESG.