Taurus and Aegon join forces for $600m "ESG-centric" venture
24th March 2022
Taurus Investment Holdings and Aegon Asset Management have entered a four-year, $600 million venture to invest in US multifamily properties.
The venture will acquire assets across the US, after which Taurus subsidiary Renu Communities will undertake a retrofit programme for each asset with the intent to make them zero carbon and low energy buildings. Renu introduces energy efficiency upgrades, onsite renewables production and electrification of all services in order to reduce emissions and energy use.