On 25 April 2024, NEPI Rockcastle signed a ?58 million increase to the ?387 million unsecured loan facility syndicated by International Finance Corporation (IFC), bringing the total to ?445 million. The Facility was signed in December 2023, structured as a green loan with sustainability linked features and has been put in place to cater for the repayment of the upcoming bond maturing in November 2024. The structuring as a green loan is part of the strategic effort to support the Company's sustainability initiatives aimed at reducing greenhouse gas emissions and increasing energy efficiency in the Group's property portfolio.

The Facility now covers approximately 89% of the bond's principal amount, with the remaining part to be settled from the Group's cash resources. The Facility has a competitive pricing linked to the Euribor rate and is set to mature in January 2029. Its first tranche was disbursed in February 2024, and the 58 million top-up has a withdrawal availability period of three months.

NEPI Rockcastle's financial frameworks, including the Green Finance Framework and the Sustainability-Linked Financing Framework, have been instrumental in setting ambitious environmental targets with a material impact. With the support of IFC's advisory services, the Group is on the path to achieving EDGE Gender certification, reinforcing its commitment to diversity and inclusion.