Neovantage Secures Inaugural Green Loan to Foster Sustainable Business Ecosystems
Neovantage, a joint venture between Ivanhoe Cambridge and Lighthouse Canton, has announced the successful procurement of its first green loan. The real estate company takes pride in its commitment to environmental responsibility and aims to maintain an efficient and sustainable real estate portfolio. The funding obtained through this green loan will contribute to the advancement of Neovantage’s long-term vision of fostering sustainable business ecosystems.
Leading the Way in the Life Sciences Real Estate Sector
Neovantage stands at the forefront of innovation within the life sciences real estate sector, housing numerous high-profile pharmaceutical and R&D companies. With a portfolio comprising eight world-class Grade ‘A’ facilities, Neovantage’s properties serve as homes to multinational corporations as well as large Indian companies. This latest development showcases Neovantage’s inclination towards not only providing state-of-the-art facilities, but also promoting environmental consciousness within the business community.
A Commitment to Sustainability
George Agethen, the Asia-Pacific Head of Real Estate at CDPQ, and Sanket Sinha, the Global Head of Asset Management at Lighthouse Canton, expressed the company’s unwavering commitment to sustainability and green innovation. Neovantage’s decision to opt for a green loan aligns with its goal of ensuring that its operations are environmentally responsible and efficient. By making this strategic move, the company establishes itself as a driving force behind sustainable development within the real estate sector.
HSBC India’s First Green Loan for Life Sciences Real Estate
Amitabh Malhotra, the Head of Global Banking at HSBC India, expressed his pleasure in collaborating with Neovantage for the bank’s first green loan within the life sciences real estate sector in India. HSBC has a track record of providing green loans to various key real estate players, reinforcing its support for sustainability-driven growth within the country. This collaboration not only marks a significant milestone for Neovantage, but also highlights the growing importance of acknowledging environmental concerns in the business arena.
– The joint venture between Ivanhoe Cambridge and Lighthouse Canton, Neovantage, has obtained its inaugural green loan.
– The company’s portfolio consists of top-grade facilities that are home to leading pharmaceutical and life sciences R&D companies.
– Neovantage emphasizes its commitment to sustainability and green innovation with this strategic move.
– HSBC India shows its support for sustainability by collaborating with Neovantage on this groundbreaking green loan.
In conclusion, Neovantage’s successful procurement of its first green loan sets an excellent example for the real estate sector, demonstrating the importance of sustainability in business operations. As the company fosters the growth of sustainable business ecosystems, it promises to lead the way in the life sciences real estate sector, creating a positive ripple effect that could inspire similar initiatives in India and beyond.
