JLL most recently released its ‘Navigating the Sustainability Maze’ report, highlighting the struggle of ESG for hotel valuers. Looking at guest behaviour, energy prices, design and building improvements, green financing and hotel transactions coupled with the impact on hotel cash flows and values, Pro-invest received two callouts for its green financing achievements in 2021 and 2024. See page 15 of the report. Click here to access the report.
In 2021, Pro-invest Group’s Holiday Inn Express Sydney Macquarie Park hotel was awarded Aareal Bank’s first ever green loan governed by its Green Finance Framework. The Sydney Macquarie Park hotel had a long-standing track record of achieving NABERS Energy ratings above 4.5-stars – a track record which it continues to hold today some 8 years post hotel opening.
Continuing Pro-invest Group’s commitment to developing, operating and managing its hotel portfolio to achieve strong energy efficiency standards, in 2024 Aareal Bank issues its largest green loan to date in Asia Pacific to five of Pro-invest’s hotels. These hotels all held strong NABERS Energy ratings above 4.5-stars. To read more of this strategic initiative, click here (https://www.proinvestgroup.com/pro-invest-in-the-news-as-aareal-banks-largest-green-hotel-portfolio-loan-recipient-pro-invest-in-the-news-as-aareal-banks/)