France

Icawood

Sustainability-linked financing at its best. The Icawood fund specializes in low-carbon-emission developments. The main features will include the visible, high-end wood structure, high air quality, 4,000 sqm of bright interconnected walkways and outdoor spaces with a 2,400 sqm green roof terrace. 

Facts & figures

Asset nameIcawood
CountryFrance
CityParis
Asset typeMixed Use
Investment typeEnhanced Manage to Core
Size31,500 sqm
Signing date 2021
SustainabilityThe asset will benefit from Icawood's signature innovative features – a solid wood cross-laminated timber structure built on top of a completely restructured existing base. This technique significantly reduces the property’s carbon footprint while offering exceptional user experience and well-being.
Loan initial78% of a EUR 185 million loan
LTV/LTC initial60%
Tenor6 year term