Aegon Asset Management has completed an equity investment for Canopy Villa Apartments, the first asset within its $600 million ESG-centric equity venture with Taurus Investment Holdings.

Taurus aims to acquire value-add multifamily assets and considerably reduce the energy consumption and carbon output of those buildings.

Aegon AM and Taurus Investment Holdings will manage the investment, while Taurus' subsidiary RENU Communities will apply its retrofit program to transition Canopy Villa Apartments to a low-carbon, energy efficient building.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

National
Orlando
Multifamily
Development
Southeast