ESG news – Page 31
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CEE to adopt LEED as green building standards duke it out
Influx of overseas investors pushes region toward LEED instead of UK's BREEAM.
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Germany's BVK adds solar park to infrastructure portfolio
German Sustainable Building Council also awards pension scheme two gold awards.
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Unitech Corporate Parks faces down shareholder revolt over disclosure
'Motivated' shareholder Sanjay Pandit of US private equity firm Peak XV Capital leads revolt.
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German property federation outlines voluntary sustainability code
Two-tiered approach applies to all market members, including developers, investors and occupants.
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'Occupiers, not investors', will drive sustainable real estate
Occupiers 'at heart' of sustainability, says International Sustainability Alliance.
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German property roundup: Patrizia, Versorgungswerk, HSH Nordbank
Patrizia teams up with Versorgungswerk on fund that includes existing property and redevelopment projects.
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Top global property investors lowered energy consumption 3% last year – report
Global Real Estate Sustainability Benchmark now forms 'integral' part of APG's approach.
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Saigon Asset Management to raise new energy fund for Asia
Saigon Asset Management to invest in energy projects in Vietnam, Cambodia and Laos.
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Green buildings rapidly gain market share among Viennese offices
Environmental credentials, energy efficiency increasingly influencing property decisions.
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Aberdeen is 'like London with oil', says Rockspring
Property firm also cites city's burgeoning wind and wave renewable energy industries.
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Catella Real Estate and Sarasin launch green property fund
German Spezialfond will invest exclusively in European cities deemed sustainable.
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SWFs, London and windfarms fuel Crown Estate returns
Prime London portfolio accounts for £227m of Estate's overall £231m return last year.
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Pension schemes should 'challenge' hotel management on low pay
Union official warns 'horror stories' of staff treatment could hurt brand and thus investment.
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Investors 'don't see a business case' for renewables
UK government must cut discount rate on green tech by 2-3% in next decade, says Oxera.
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UK outlines zero-carbon plan, property industry consultation
Board including property representatives to hammer out agreement ahead of 'carbon plan'.
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PKA invests €33.5m in Africa as part of expansion into agriculture
Silverland fund, together with co-investor IFU, to focus on sub-Saharan Africa.
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AP2 joins TIAA-CREF to invest in grain production real estate
Deal will see AP2 invest €177m in newly formed company that will acquire agricultural assets.
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Earthquake impact on Tokyo real estate to be short term, says JLL
Aftermath will not discourage global real estate investors from investing in Tokyo, says Jones Lang LaSalle.
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96% of institutional investors fear rising rates, survey says
One in four regards increasing interest rates as the biggest risk over the next 12 months.
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APG, PGGM, ATP join on real estate sustainability benchmark
Members aim to assess sustainability of real estate funds, with global backing.