Under the motto “Interest and financing situation taking ESG criteria into account”, the participants discussed current problems in financing real estate projects. ESG refers to the combination of sustainability criteria: environmental, social and governance or environmental, social and supervisory structures. The topic was explained by Torsten Krieger, board member and spokesperson of PSD Bank, and Mathias Dreyer, Head of Institutional Sales DACH at KanAm Grund Group. Dr. Christoph Wolter led through the interview and the subsequent panel discussion.
“It is exciting to get to know the perspective of major investors through Mathias Dreyer,” says Richard Prechtel about his impressions. “In France and the Netherlands, for example, the legal situation regarding ESG is already much stricter. ”
“But even here, ESG criteria are already having an impact on financing situations at banks,” adds Dr. Christoph Wolter. “Not only when examining objects in terms of determining the purchase price, but also at institutional level. Banking credit conditions are already being affected by this and it is expected that this will also extend to the entire market in the short term, at the latest in the medium term. Consumers included. ”
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