Department of Built Environment

Green Asset Debt and Bond Platform

Funded by Business Finland, this consortium project focuses on accelerating green real estate investments through a scalable digital solution. We aim to shift from asset owners controlling data to integrating ESG data directly into assets. This initiative benefits multiple stakeholders and covers the entire real estate data value chain.

An AI-generated illustration depicting buildings surrounded by greenery

Project Bio

Our research aims to boost Finnish real estate exports by leveraging digital and green innovations. We're developing a digital framework to fund and manage low-carbon real estate investments, aiming for better profitability and global cash flows. This initiative draws from Finland's successful digital housing transformations, like the DIAS ecosystem, and expertise in green financing. Our goal is for Finland to lead in green real estate financing by aligning with standards like the EU taxonomy and energy efficiency. We're also shifting the way real estate data is controlled, making eco-friendly (ESG) data central to assets. This project serves a broad range of stakeholders and spans the full real estate data spectrum.

Schedule: 1.10.2023 - 30.4.2026 (2.6 years)

Budget: 473 949 €

Finance: Business Finland partnership funding for research organizations in leading company's, Tietoevry's, ecosystem theme, "Building Trusted Digital Societies"

Industry Partners:  Tietoevry Finland Oy, OP-Yrityspankki Oyj, YIT Oyj, Vantaan Energia Oy, Newsec Property Asset Management Oy, Icecapital REAM Oy, Retta Group Oy, YLVA, SkenarioLabs Oy

Research Exchange: A 14-month research exchange to RMIT University, Australia.

Blog

green forest

Launching the GADB Platform Research Project

This first blog post details how the idea for the Green Asset Debt and Bond Platform Research project was initiated and brought to life.

Department of Built Environment
Anna-Mari Jalo

Green Commercial Loans - insights from Master's Thesis

This blog series showcases exciting findings from the Master's thesis on green real estate financing. In this first post, Anna-Mari Jalo shares her most interesting results.

Department of Built Environment
Green financing

2024 Green Finance Report for Sustainable Real Estate

Discover key trends, challenges, and opportunities in green real estate finance with our 2024 market report. Gain insights into green bonds, green loans, and more.

Department of Built Environment

Publications

Green Real Estate Financing Market Report 2024

Saari, Anniina, Sinclair, Sarah, Ciro, Tony, Holopainen, Maria, Leshinsky, Rebecca, Junnila, Seppo, Salakka, Annina 2024 Aalto Publications BUSINESS + ECONOMY, 3/2024

Research Team

Anniina Saari

Project manager, doctoral researcher

Seppo Junnila

Principal investigator, Professor
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