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14.03.2023 Iberian Property

Andreia Bento Simões and Manuel Bragança Santos sign article for Iberian Property

Andreia Bento Simões and Manuel Bragança Santos are the authors of the article "'Green leases' - Is there any added value?", published in the March edition of the magazine Iberian Property.

The lawyers explain what a Green Loan is: «From “Green Loans” in banking and finance to the “Green Public Procurement” and the “European Green Deal”, the color “Green” has popped up in recent years as a label for environmental oriented measures. Most recently, “Green Leases” have been a growing trend in Europe, as more businesses move to reduce their carbon footprint and meet sustainability goals. Recent studies demonstrate that 40% of worldwide CO2 emissions can be attributed to real estate so it’s no surprise that owners and tenants of property alike are searching for ways to reduce the adverse effect that real estate has on climate change (…) ».

Access the annex to read the full article.