Panattoni has been awarded a green loan from Berlin Hyp AG worth €74.34 million. The financing is for a logistics centre in Bydgoszcz.
“The BTS development in Bydgoszcz is a huge project – The building of over 140,000 sqm is intended for servicing the e-commerce market and can store up to 7 million individual products. It was developed by the highest sustainable development standards and then subjected to a verification process that allowed us to convert our previous financing provisions into a more advantageous green loan”, says Emilia Taczewska–Trojańska, Head of Debt Finance Poland, Panattoni. She adds: “Currently, financial institutions offer preferential terms to projects that stand out due to their high energy efficiency, their usage of renewable energy sources, and their ecological innovations including advanced technologies that help reduce carbon dioxide emissions.
The award of a green loan means that the building has met the criteria for sustainable development. By significantly reducing energy needs as well as energy usage in the building, the development in Bydgoszcz has met its energy efficiency requirements. This was possible due to advanced energy solutions including excellent thermal insulation and the use of heat pumps and LED lighting. An advanced Building Management System (BMS) continuously monitors the use of energy and water. The logistics centre was developed to BREEAM (BRE Environmental Assessment Method) standards for a rating of Excellent.
The financial sector has quickly applied its strategy to meet the demands laid out by the European Union’s Green Deal legislation, which aims to achieve climate neutrality by 2050. Berlin Hyp is at the forefront of the financial industry. Its holistic approach to sustainable financing looks not only at profitability but also at the responsibility of a company regarding sustainability and society. Through its green financing, Berlin Hyp supports projects that significantly further the ecological progress of the real estate industry and meet the latest European standards for sustainable investment. Projects with such financing including the logistics center in Bydgoszcz are characterized by their high energy efficiency. The bank’s commitment is additionally demonstrated by the stringent verification process supervised by ISS ESG, a leading rating agency for sustainable development.
“We want to thank Berlin Hyp for working with us and for its confidence in this groundbreaking project. Together, we have set new standards for the logistics sector and blazed a trail towards a more sustainable future” says Emilia Taczewska–Trojańska.
