€2.7 million raised in Europe

Investment in social business is increasing, and we continue to grow as an organisation despite the  recession. Our recent successful share issue has raised €2.7 million from private investors.

Further centres for EPE in Paris and Ghent are already planned, as well as a full refurbishment of Mundo-N in Namur. Funds raised will also enable us to extend our services to major European cities such as Amsterdam and Berlin, and take on further  development in Brussels.  The Ethical Property share issue was supported by Triodos Bank in Belgium. A full public ethical share issue is already being considered for 2011.

We initially aimed to raise €2 million to invest in the completion of our existing centre, Mundo-N, building in cutting edge environmental features.  With funds we’ve now raised we will be able to complete our newest centre, enabling Natagora Wallonie, CRIE, amongst others, to maintain a great base  and managed in a fair and transparent way. 

The Ethical Property model was first established in the UK over ten years ago. Over the last two years our colleagues in the UK have transferred  to us the skills and knowledge needed to undertake Ethical Property developments, and worked closely with us on the successful refurbishment and opening of our first centre in Brussels, Mundo-b.  Our centre for environmental organisations campaigning in the European Parliament, Mundo-B officially opened its doors in June. 

The success of our first share issue has established Ethical Property Europe as a real force for social change in Europe.


Photo:  Y Glavie