Dream Alternatives closes C$120 million green loan with HSBC

By Taylor Fox

New York, Oct. 8 – Dream Hard Asset Alternatives Trust closed a C$120 million green loan for its Sussex Centre complex in Mississauga, Ont., signed on Sept. 28 with HSBC Bank Canada, according to a news release.

“Sustainability is a strategic priority for Dream Alternatives, said portfolio manager, Michael Cooper in the release. “We are focused on embedding sustainability across our platform. Obtaining a green loan for Sussex Centre demonstrates Dream’s continued commitment to sustainability and innovation in the real estate sector.”

Sussex Centre fits into a green loan based on the investments that are being made into the building, including lowering its carbon and energy footprint.

Dream Alternatives provides investors with access to a portfolio of real estate development opportunities and alternative assets and is based in Toronto.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.