In December 2022, PCP Transition entered into a GBP 28 million term loan agreement with the UK based property development group Commercial Estate Group (“CEG”). The loan will be used to fund the complete refurbishment and transition to net-zero of the Crescent Centre, located at the Temple Quay in Bristol, UK.
The Crescent Centre is a five-story office building from the 1970s that will be refurbished to provide over 100,000 square feet of high specification office space. Thoughtful reuse of the existing structure provides for a 45% reduction in upfront embodied carbon compared to a newbuild alternative and the project will be operated in compliance with the UK Green Building Council’s Net Zero Carbon framework. Targeting BREEAM Excellent and EPC A certifications, the Crescent Centre will provide tenants with high specification, low carbon and energy efficient office space.
CEG’s approach to the project is a case study in the pragmatic reuse and upgrade of existing commercial property stock in the UK, and the project’s circular and low carbon attributes fit firmly within the PCP Transition mandate.
The transaction is a testimony of the strong relationship between PCP and CEG, an experienced and trusted partner with a long track record of successful development projects in the UK.
www.ceg.co.uk
December, 2022
The Crescent Centre is a five-story office building from the 1970s that will be refurbished to provide over 100,000 square feet of high specification office space. Thoughtful reuse of the existing structure provides for a 45% reduction in upfront embodied carbon compared to a newbuild alternative and the project will be operated in compliance with the UK Green Building Council’s Net Zero Carbon framework. Targeting BREEAM Excellent and EPC A certifications, the Crescent Centre will provide tenants with high specification, low carbon and energy efficient office space.
CEG’s approach to the project is a case study in the pragmatic reuse and upgrade of existing commercial property stock in the UK, and the project’s circular and low carbon attributes fit firmly within the PCP Transition mandate.
The transaction is a testimony of the strong relationship between PCP and CEG, an experienced and trusted partner with a long track record of successful development projects in the UK.
www.ceg.co.uk
December, 2022
Location: United Kingdom, England, London
Investors 1
| Date | Name | Website |
| - | P Capital ... | pcapital.s... |
Mentions in press and media 21
| Date | Title | Description |
| 23.08.2024 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q2 2024 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q2 2024 Fri, Aug 23, 2024 20:00 CET Report this content On 3 May 2024, Dooba Finance AB (publ) (the “Company”) issued senior unsecured sustainability-linked floating rate bo... |
| 31.05.2024 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q1 2024 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q1 2024 Fri, May 31, 2024 16:00 CET Report this content On 27 October 2020, Dooba Finance AB (publ) (the “Company”) issued senior unsecured bonds in an amount of SEK 500.5 m... |
| 07.05.2024 | Dooba Finance AB (publ) to redeem all of its outstanding senior unsecured guaranteed fixed rate bonds due October 2024 on 28 June 2024. | Dooba Finance AB (publ) to redeem all of its outstanding senior unsecured guaranteed fixed rate bonds due October 2024 on 28 June 2024. Tue, May 07, 2024 17:00 CET Report this content Dooba Finance AB (publ) (the “Company”) hereby announces... |
| 03.05.2024 | Dooba Finance AB (publ) issues bonds of SEK 600 million within its new SEK 800 million framework. | Dooba Finance AB (publ) issues bonds of SEK 600 million within its new SEK 800 million framework. Fri, May 03, 2024 17:00 CET Report this content Dooba Finance AB (publ) (the “Company”) has successfully issued senior unsecured sustainabilit... |
| 30.04.2024 | Dooba Finance AB (publ) – Publishing of the Annual Audited Financial Statements for 31 December 2023 | Dooba Finance AB (publ) – Publishing of the Annual Audited Financial Statements for 31 December 2023 Tue, Apr 30, 2024 13:00 CET Report this content On 27 October 2020, Dooba Finance AB (publ) (the “Company”) issued senior unsecured bonds i... |
| 19.04.2024 | Dooba Finance AB (publ) investigates the possibility of issuing senior unsecured sustainability-linked guaranteed bonds to refinance its outstanding 2021/2024 senior unsecured bonds | Dooba Finance AB (publ) investigates the possibility of issuing senior unsecured sustainability-linked guaranteed bonds to refinance its outstanding 2021/2024 senior unsecured bonds Fri, Apr 19, 2024 08:00 CET Report this content Dooba Fina... |
| 29.02.2024 | Dooba Finance AB (publ) – Publishing of the Year End Report for Q4 2023 | Dooba Finance AB (publ) – Publishing of the Year End Report for Q4 2023 Thu, Feb 29, 2024 17:00 CET Report this content On 27 October 2020, Dooba Finance AB (publ) (the “Company”) issued senior unsecured bonds in an amount of SEK 500.5 mill... |
| 30.11.2023 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q3 2023 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q3 2023 Thu, Nov 30, 2023 17:00 CET Report this content On 27 October 2020, Dooba Finance AB (publ) (the “Company”) issued senior unsecured bonds in an amount of SEK 500.5 m... |
| 31.08.2023 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q2 2023 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q2 2023 Thu, Aug 31, 2023 17:00 CET Report this content On 27 October 2020, Dooba Finance AB (publ) (the “Company”) issued senior unsecured bonds in an amount of SEK 500.5 m... |
| 31.05.2023 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q1 2023 | Dooba Finance AB (publ) – Publishing of the Quarter End Report for Q1 2023 Wed, May 31, 2023 17:00 CET Report this content On 27 October 2020, Dooba Finance AB (publ) (the “Company”) issued senior unsecured bonds in an amount of SEK 500.5 m... |
Show more