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 name | Icawood |
| Country | France |
| City | Paris |
| Asset type | Mixed Use |
| Investment type | Enhanced Manage to Core |
| Size | 31,500 sqm |
| Signing date | 2021 |
| Sustainability | The 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 initial | 78% of a EUR 185 million loan |
| LTV/LTC initial | 60% |
| Tenor | 6 year term |