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Global Banks Start Targeting a New Breed of Real Estate Risk

Bloomberg reports that BNP recently unveiled new targets for CRE financed emissions. Banks face diminishing CRE portfolio values due to energy risk.
Global Banks Start Targeting a New Breed of Real Estate Risk
At some of the world’s biggest banks, loans to commercial real estate face new litmus tests that promise to shape the sector’s access to financing. At issue is the carbon emissions of buildings and the expected cost of upgrades needed to stay on the right side of new green regulations. The European Union just passed its Energy Performance of Buildings... ...

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