There's a gap in the market
- Banks are continuing to retreat from commercial real estate (CRE) lending
- Bonds are cheap but inflexible and has requirements on size, tenor, rating etc
- Many borrowers don’t fit the mold of neither the banks nor the bond market which means nearly no alternatives for funding
- Central bank purchases renders investment in a larger proportion of traditional fixed income assets unfeasible, current rate environment make high yield assets with low duration desirable
- Senior secured loans provide diversification versus listed fixed income but is hard to access without an experienced team
Why are we different?
Asset focus with embedded ESG framework
- Sustainably built and managed assets are the best hedge against deteriorating values
- Therefore the asset’s current and future impact on the environment, assessed through our holistic risk approach, lie at the centre of our investment process
Transparent constraints and opportunities
- Transparent LTV and spread constraints
- Competitive edge over Basel III and IV lenders complexity and restrictions
- Possibility to create more flexible and custom-made solutions to suit individual borrower needs
Experienced and agile team
- With a nimble organization and efficient team, Bedrock is able to provide timely decisions which is highly valued by borrowers
- Given our extensive real estate experience and investment expertise in debt and equity, in the event of a default of a borrower Bedrock has, unlike banks, the knowhow to operate and maximize the value of the underlying asset
- This enables Bedrock to control its risks more efficiently than competitors
Experienced and agile team
- Bedrock has access to existing infrastructure that enables successful operation
- Bedrock has existing relationships for deal sourcing, execution and management
Sustainable Transition Loans Framework
- We have identified two major goals of our Sustainable Transition Loans Framework (in progress):
1. We aim to issue at least 30% of overall volume to targets compliant to this framework
2. Create loan incentives against measurable improvements
Energy Efficiency and Renewable Energy
Example Criteria: Improving building management systems, LED lighting, energy storage
Example KPIs: Annual energy savings, green certifications, renewable certificationa
Industry Innovation and Infrastructure
Example Criteria: Clean Transportation storage
Example KPIs: Increase dedicated parking spaces for electrical, hybrid cars or bicycles
Sustainable Cities and Communities
Example Criteria: Assets that make buildings inclusive safer, resilient and sustainable
Example KPIs: Increase employee wellbeing through refurbishments and certification
Green Buildings
Example Criteria: Reduce or aim to reduce the level of carbon emissions
Example KPIs: Increase employee wellbeing through refurbishments and certification
Energy Efficiency and Renewable Energy
Example Criteria: Improving building management systems, LED lighting, energy storage
Example KPIs: Annual energy savings, green certifications, renewable certificationa
Industry Innovation and Infrastructure
Example Criteria: Clean Transportation storage
Example KPIs: Increase dedicated parking spaces for electrical, hybrid cars or bicycles
Sustainable Cities and Communities
Example Criteria: Assets that make buildings inclusive safer, resilient and sustainable
Example KPIs: Increase employee wellbeing through refurbishments and certification
Green Buildings
Example Criteria: Reduce or aim to reduce the level of carbon emissions
Example KPIs: Increase employee wellbeing through refurbishments and certification
