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Carbon Trust to create new low carbon commercial property fund

Posted on 16 March 2010

From Devono.com: The Carbon Trust is to launch a £350 million low-carbon investment fund, designed to buy and refurbish commercial property in the UK. Excluding residential homes, buildings account for almost 20 percent of the country’s carbon footprint.

The Carbon Trust is partnering with fund manager Threadneedle and property developer Stanhope for the initiative, and hopes to raise an initial £100 million over the next year. The remaining £250 million will come from institutional investors……………………………………..Full Article: Source

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