ESG Case Study - Industrial
⚫ What?
A first mortgage loan repurposing a single old warehouse into nine new industrial warehouses with brand new office amenity, new drive-through access and secure enclosed yard storage.
⚫ How?
Due to the lack of available industrial land and industrial product, older assets that are sitting on underutilised land are now sought after to be redeveloped into brand new warehouses. The loan provided by Woodbridge enables the borrower to retain the existing structure and retrofit the older sawtooth roof warehouse into 9 new smaller warehouse units separated by new internal walls.
⚫ Positive ESG Outcomes
Reusing rather than rebuilding generates a saving on embodied carbon as well as reduced construction costs and times. Utilising the existing structure translates into significantly less materials and can achieve up to a 40% reduction in upfront carbon.
🔘 not all loans are the same
🔘 not all private credit funds are the same
🔘 think RIAA certified funds
🔘 think transparency
⚫ woodbridge // think different