Which aspects are important to us with regard to European real estate?
Our partner Schroders – the asset manager of the investment group «Real Estate Europe Direct» – integrates economic, ecological and social aspects (ESG) throughout the life cycle of a real estate investment. Attention is paid especially to the reduction of the carbon footprint both in existing real estate and in new buildings. Active management of the energy consumption and of the greenhouse gas emissions has a positive impact on the sustainability balance of a building.
Energy-efficient real estate means lower operating costs, which the tenants benefit from as well. Measures to reduce energy consumption are instrumental in retaining existing tenants or concluding new leases. On a quarterly basis, the investment group «Real Estate Europe Direct» monitors the energy consumption and the energy efficiency of the real estate underlying the fund – though the operational responsibility for each individual property remains with the landlord or tenant.