Sobha Realty has achieved a major milestone with the successful issuance of its USD 750 million Green Sukuk, the largest of its kind by a real estate developer globally. Oversubscribed by 2.8 times, the landmark transaction reflects strong investor confidence in the company’s financial stability and sustainability commitments.
Schneider Electric’s Dubai office, The NEST, has become carbon neutral just three months after opening, showcasing how digitalisation and smart building technologies can create sustainable, future-ready workspaces.
Aermec has launched two new propane-based heat pumps, the PRM and PRG, designed for commercial buildings and industrial applications, offering high-capacity heating and cooling with ultra-low GWP refrigerant.
PATRIZIA and Fabrix have launched a £100m joint venture to address London’s housing crisis, starting with a major scheme in Elephant & Castle that will deliver affordable homes, student accommodation and community spaces.
Mindspace REIT has raised ₹550 crore through sustainability-linked bonds from IFC, becoming the first Indian REIT to issue SLBs under Sebi’s new ESG framework. The funds will be tied to measurable green performance goals, reinforcing its commitment to sustainable development.
Berlin-based WALLROUND has raised €4.2 million in an oversubscribed seed round to digitise energy-efficient renovations, aiming to become Europe’s largest renovation franchise by combining software-driven planning with full-stack project delivery.