New shoots are emerging in the real estate green finance market

It is becoming increasingly difficult to ignore the effects of climate change. Forest fires, rising sea levels and a global increase in temperatures underline the impact human activity is having on the planet. It is estimated that the built environment is responsible for almost half of all global CO2 emissions.

This is moving the green finance agenda forward at a significant rate

Increasingly, commercial real estate investors across the globe are seeking alternative green financing options which support and contribute to positive environmental and or social objectives. As a result there is a growing appetite for formalised environmental and or socially responsible debt instruments among the commercial real estate debt market.

EVORA is a recognised leader in the provision of professional sustainability services to the real estate industry and, as such, is perfectly positioned to advise our clients on establishing and operating green finance frameworks. We advise at corporate and fund level and have expertise in supporting the development of tailored green finance frameworks for alternative investments including commercial real estate debt and bond issuance. We offer a unique proposition of being professional sustainability and energy management consultants, providing a full service offering to our clients through the provision of strategic direction and practical support, including policy development, establishing practical due diligence evaluation methodologies, data management, ongoing performance monitoring and reporting.

Whether you are seeking to launch a new approach or you are focused on ensuring appropriate alignment to regulatory requirements such as SFDR, EVORA can offer a range of solutions to meet your needs.

$1tn has flowed into ESG funds in 2020

$1tn has been issued in Green Bonds to date and another $500bn is expected this year

UN Net Zero Asset Owner Alliance who represent $5.1tn AUM have committed to align with a 1.5°C pathway

$275bn of ESG-linked loans have been issued with $77bn issued in 2020. Aviva Investors, for example, has pledged another $1bn for property over next 4 years

The UK Climate Change Committee has said that the UK needs to increase funding for NZC by 5x this decade

The valuation of real estate is changing and placing sustainability and health at the centre of new models

Debt fund operators need to consider their approach to market challenges. This requires detailed consideration.

Green Finance approach

Green Finance Team

Our clients trust us to provide top quality advice, founded upon a robust understanding of their business and its markets, with the vast majority of our appointments evolving into long-standing partnerships.

Paul Sutcliffe

Executive Director

You’re in good hands.

Our Green Finance team is led by Paul Sutcliffe, Executive Director. Paul co-founded EVORA, which launched in 2011 with Chris and Ed. He is a Chartered Environmentalist, a Chartered Energy Manager and a full member of the Institute of Environmental Management and Assessment. He has 20 years’ experience of delivering strategic advice and practical sustainability solutions to diverse and large property portfolios. Paul’s debt fund clients include ICG plc, Schroders, Invesco and Fortwell Capital. Paul also advises debt fund teams within existing Real Estate Equity client firms.

Introducing some of our Green Finance team

Ed Gabbitas

Executive Director

Aoife Busher

Managing Consultant

Ayman Faghmous

Sustainability Consultant

Speak to the Green Finance team

Our experts are on hand to discuss your sustainability challenges and objectives

+44 (0)20 3326 7333

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Our Trusted Sustainability Advisor

“The advice and support of EVORA has enabled us to take a proactive stance to sustainability, which will help ensure the resilience and future performance of our managed assets.”

“In the last six years that we’ve been working with EVORA, they have become our trusted sustainability advisor. What I really like about EVORA is that they bring an alternative angle to asset management that drives value across the portfolio.”

“We are very proud to use EVORA as our exclusive sustainability consultants. Of all the similar practices out there, we’ve found EVORA to offer the most practical, forward-thinking approach to sustainability.”

“EVORA has provided expert knowledge, advice, and support on a variety of topics. We look forward to continuing our long-term collaboration with EVORA.”

“The EVORA team’s GRESB support was invaluable; they have a very clear understanding of the survey. It is a real pleasure to work with the EVORA team.”

“I have received sound advice on a subject matter of which I had limited knowledge. The value of your services is greater than the cost of them which is a rare commodity, as you’re fully aware.”

Insights & Experience