Sustainable Finance in Action – How Jersey is Powering Sustainable Real Estate Investment

105 Victoria Street: The UK’s Largest All-Electric Net Zero Office Development

Sustainability is becoming a significant priority for global investors, shaping how capital is deployed and value is created. The redevelopment of 105 Victoria Street in London, led by Welput and its manager BGO, exemplifies this.

Domiciled in Jersey, the Welput fund benefits from a structure designed for institutional investors, combining the Expert Fund regime with Jersey Property Unit Trusts (JPUTs) to hold underlying assets and deliver co-investment opportunities. This framework delivers governance strength and operational efficiency, supporting investors who are aligning portfolios with net zero and ESG objectives.

The result is a landmark building that will be 100% electric and net zero carbon, targeting the highest sustainability standards while creating healthier, more connected workplaces.

Projects like 105 Victoria Street demonstrate how Jersey’s financial services industry underpins global sustainability ambitions. With robust regulation, experienced service providers and innovative fund structures, Jersey provides the ideal platform for investment that delivers both financial performance and measurable environmental impact.

Jersey service providers involved in the project:

Jersey law firm Bedell Cristin provides legal advice to the fund and structure.

Apex Group Fiduciary Services Limited (Apex Group) provide administration and accounting services to the fund and structure.

BNP Paribas Depositary Services (Jersey) Limited and BNP Paribas Depositary Services Limited are the joint trustees to the fund and JPUTs within the structure.