ABN AMRO to focus on growing sustainable property

Press release -

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ABN AMRO wants to accelerate the transition to sustainable commercial property in the Netherlands. The sector is facing the challenge of reducing the large number of vacant offices, shops and industrial premises. At the same time, the property market wants to make clear progress in terms of innovation and bringing down CO2 levels. ABN AMRO today presented its new strategy for this dynamic sector, revealing its ambition of becoming the most sustainable property bank in the Netherlands.

ABN AMRO’s new strategy will help improve the sustainability of commercial property in the Netherlands. Current trends in the economy as well as in technology and society are redefining today’s property market. ABN AMRO is taking this opportunity to use sustainability as a key criterion for its commercial property financing. Rutger Schuur, who has been head of ABN AMRO Real Estate since 2014 says: “Sustainable commercial property is future-proof and anticipates social and technological trends. Its value is more stable, its profitability is higher and its risk profile is lower than that of non-sustainable real estate. As a result, it constitutes an attractive investment for investors and financiers.”

Pioneer

ABN AMRO will focus on three specific goals. “By the end of 2017, we want to transform over 300,000 m² of property, have 30% of our portfolio consist of ‘A’ energy labels and finance some thirty Green Landmarks,” Rutger Schuur explains. “We will engage with the sector with a view to accelerating the process. In this way, we will be able to act as pioneers in this market.”

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