None of the information provided is investment or tax advice. You should always read the associated risks before deciding whether to invest. These can be found on the product pages as well as in our risks overview. Please confirm you have read the information above.
The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.
Static and dynamic content editing
A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!
asdasd
How to customize formatting for each rich text
Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.
We are delighted to announce that the Downing Property Finance Team has received a £75 million sustainability-linked facility from HSBC. This complements the significant retail and institutional capital which Downing already has and is looking to deploy into the space. The additional funding will allow Downing to build on its strong track record in supporting SME developers nationwide.
The loan includes provisions which support Downing’s overall sustainability strategy and will contribute to its goal of deploying its own sustainability-linked facilities to small and medium-sized UK property developers.
Downing’s development finance offering includes loans which are based on the Loan Market Association’s Sustainability Linked Loan Principles. Downing’s objective with its SLL framework is to incentivise and reward a borrower’s achievement based on pre-determined sustainability performance objectives. This is based on a borrower’s sustainability strategy, targets and objectives, which are assessed against an ESG scorecard.
Downing’s ESG scorecard looks at a range of criteria including physical risk, embodied carbon, energy and operational carbon, water, waste, biodiversity and habitat and certifications.
Parik Chandra, Partner and Head of Specialist Lending at Downing LLP, said: “This new facility is a testament to the team and track record we have built in the development finance sector. We continue to grow and diversify our funding sources and are delighted that this facility with HSBC includes sustainability targets which we believe are of increasing importance to a range of investors.”
