Puma's Impact Framework Drives £145m Loans for Sustainable Development

Deal News | Mar 13, 2025 | Puma Capital Group

Puma's Impact Framework Drives £145m Loans for Sustainable Development

Puma Property Finance's Impact Lending Framework (ILF) marks its first year by registering £145 million in development loans, with a focus on projects that meet stringent sustainability and social impact criteria. In 2024, Puma extended seven loans aimed at ILF certification, targeting sectors such as care homes, life sciences, and Purpose Built Student Accommodation (PBSA) across various UK regions. The ILF offers developers incentives to embrace sustainability, including energy-efficient systems and low-carbon materials, with the potential financial reward of reduced financing costs. The framework is unique in offering up to a 1% reduction in finance costs, exceeding typical green lending offers, contingent on the completion and verification of sustainable project outcomes. This initiative is underpinned by collaborations with third-party verifiers JLL and Sintali to ensure compliance with sustainability standards.

Sectors

  • Sustainable Finance
  • Real Estate Development

Geography

  • United Kingdom – The development loans registered under Puma's Impact Lending Framework are aimed at projects located across the UK, from North Yorkshire to Devon.

Industry

  • Sustainable Finance – The article focuses on Puma Property Finance's Impact Lending Framework, which incentivizes sustainable development through favorable financial terms.
  • Real Estate Development – The loans provided by Puma are aimed at real estate sectors including care homes, PBSA, and life sciences, which are significant components of real estate development.

Financials

  • £145 million – The total amount in development loans registered under Puma Property Finance's Impact Lending Framework in its first year.
  • Up to 1% reduction – The potential reduction in finance costs for developers who meet the Impact Lending Framework's sustainability and social criteria.

Participants

NameRoleTypeDescription
Puma Capital GroupPE FirmCompanyThe parent firm behind Puma Property Finance, promoting the Impact Lending Framework.
Puma Property FinanceLenderCompanyImplemented the Impact Lending Framework to incentivize sustainable development practices.
JLLConsultantCompanyPartner with Puma to support the qualification of residential developments under the ILF.
SintaliCertifierCompanySpecializes in EDGE certification to verify compliance with sustainability goals across various asset classes.
International Finance CorporationCertifier DeveloperOrganizationDeveloped the EDGE certification standard used to assess sustainable practices in projects funded under the ILF.