Prisma SGR gets Mps funding for SRI
Italy’s Prisma SGR’s Fondo Immobiliare Obton II has obtained €2.5m from Banca Monte dei Paschi di Siena (Mps) to develop its sustainable business across Italy.
The funding will be used on Prisma SGR’s sites in Piemonte, northern Italy and Umbria, central Italy.
The Fondo Immobliare Obton II was subscribed by Obton A/S, investor in northern Europe, with headquarter in Denmark, Prisma SGR revealed.
Federico Musso, director general at Prisma SGR, said: “We select our sites with the highest degree of attention not only to profit prospects but also to risk elements. The Mps’ loan comes at a moment when it is particularly difficult to obtain funding.”