Catalyst Capital, alongside its local partner NCAP, conducted a comprehensive assessment of the shopping centre’s sustainability performance, leading to the development of an extensive improvement strategy.
The estimated outcome of the strategy is a reduction in energy consumption by approximately 50% for Galleria Centre Syd’s operations (excluding tenant energy usage). The primary objective of the amendment of this loan is to achieve alignment with the EU Taxonomy criteria for making a significant contribution to climate change mitigation. This entails ensuring that the property ranks among the top 15% in energy efficiency within its segment.
