Institutional investors expect that so-called ‘green’ lease clauses will be universally implemented in the real estate industry before the end of this decade, according to new research detailed in the Savills Investment Management (Savills IM) Annual Sustainability Report 2019.
ESG & Responsible Investing
New research by AEW highlights how investors are not yet pricing climate risks into asset acquisitions, including in the circa EUR130 billion a year European office investment market.
UK-based non-bank property lender LendInvest has launched its first green finance initiative.
International Tourism Partnership (ITP), in collaboration with the International Finance Corporation (IFC), a member of the World Bank Group, has produced a new report demonstrating the business benefits of sustainable hotels.
The Property Industry Alliance (PIA), which comprises eight membership organisations that collectively represent all facets of the GBP1,662 billion UK commercial property industry, has published a framework that aims to further advance the social, environmental and economic benefits of responsible business practices across the real estate sector.
Madison International Realty, a real estate private equity firm, has signed the United Nations-supported Principles of Responsible Investment (PRI).
Building and project consultancy Paragon has launched a green investment service to help funds set and attain specific environmental targets.
LGIM Real Assets has appointed Shuen Chan as Head of ESG as it continues to establish itself as a global leader in responsible investment.
European proptech VC A/O PropTech has launched - after raising EUR250 million permanent capital to invest in technology companies disrupting the real estate sector.
Frasers Property UK has signed the Better Buildings Partnership’s (BBP) Climate Change Commitment. The BBP’s Climate Change Commitment unites signatories in targeting carbon net zero by 2050 and commits all signatories to publish their net-zero pathways by the end of this year.