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Advance Residence Invests in Green Debt Financing

Advance Residence Invests in Green Debt Financing

Advance Residence Investment (JP:3269) has released an update.

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Advance Residence Investment Corporation has announced plans for debt financing, including green loans in line with its Green Finance Framework, to repay existing loans and bonds. The funds will also be used to repay a loan originally taken for acquiring Residia Tower Meguro-Fudomae, a property with a high CASBEE real estate certification. The company is reinforcing its commitment to ESG principles by utilizing green finance for its funding needs.

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