Financing
Are there any public or private “green” financing initiatives for sustainable real estate projects?

In Austria, there are several public and private green financing initiatives available for sustainable real estate projects. These include, for instance, the following:

Green Finance Initiative (GFI): The GFI is a public-private partnership that promotes sustainable finance in Austria. It aims to increase awareness and knowledge about green finance among financial institutions, businesses, and investors. The GFI provides resources, training and networking opportunities to support the integration of environmental criteria into financing decisions, including those related to real estate projects.

Austrian green bond: Austrian companies, including real estate developers, may issue green bonds to finance sustainable projects. These bonds adhere to international green bond standards and are used to fund environmentally friendly initiatives, including energy-efficient building construction or renovation.

Sustainable real estate loans: Austrian banks, such as Bank Austria or Erste Bank – Sparkasse, as well as financial institutions, offer financing options tailored to sustainable real estate projects. These loans may come with preferential terms or interest rates for developments that meet specific environmental criteria, such as energy efficiency or green building certifications.