Download or read book ESG and Real Estate written by Thomas Veith and published by Haufe-Lexware. This book was released on 2022-05-19 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive practical handbook on the topic of "Environmental Social Governance" (ESG) and its impact on the real estate industry. The sustainability megatrend is still in its early stages in the real estate sector, and there is a lack of standards, practical examples and data. The development is very dynamic and sometimes confusing, and new, complex, requirements and regulations are constantly being added. The authors – an expert team of economists, lawyers, investors, asset managers and engineers – provide an overview of national and European regulatory requirements as well as current market developments. They show what role ESG plays not only in the areas of new construction, renovation and real estate management, but also in investment processes and real estate valuations. Contents: - ESG and the real estate market - ESG and regulatory environment - ESG and real estate management - ESG in urban and project development

Download or read book The Real Estate Industry and Environmental Social and Governance Awareness ESG written by Katharina Kühn and published by GRIN Verlag. This book was released on 2020-12-30 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Economy - Real estate industry, grade: 1,2, Reutlingen University, language: English, abstract: The objective of this paper is to identify potential metrics that can be used to measure the awareness of environmental, social, and governance factors within the real estate industry effectively. Thereby, this paper also attempts to identify drivers that encourage stakeholders to increase their ESG awareness. This paper further looks at the issue of ESG for the real estate industry from a macro perspective rather than a micro-perspective. Thus, metrics will be accordingly high-level to hopefully capture the awareness within the market from a multi-dimensional perspective, rather than analyzing the ESG metrics for a single player in the real estate industry. As one of the industries with the highest carbon footprint, the real estate sector needs to cut 77 % of total carbon emissions by 2050 compared to 2016 in order to meet goals set out in the UN Paris Agreement. These facts are alarming. Especially the longevity of real estate makes ESG issues particularly relevant for this industry. Thus, the real estate industry carries a significant amount of importance and responsibility when it comes to reaching these climate goals.

Download or read book Integration and Implementation of ESG Strategies for Real Estate Companies written by Chen Zhao (Real estate development researcher) and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has not been a time in the history of capitalism that real estate investors and managers care about "doing good" as today. While the sole pursuit of financial return has undoubtedly been the dominant driver for real estate investments, Environmental, Social, and Governance (ESG) considerations currently play an increasingly vital role in decision-making for real estate companies. However, as the regulations and capital markets around ESG are still in their nascent phase, the real estate industry has to rely on diverse sources of information and unverified assumptions to determine what, how, and why they should approach ESG." This study examines how real estate owners, asset managers and developers approach asset-level and portfolio-level ESG issues through deep-dive interviews with ESG leaders of major market players. Based on the interviews, the paper identified various patterns of methodologies for how those companies 1) integrate ESG into their investment process, 2) define ESG targets and metrics, 3) collect and manage data, 4) prioritize among ESG strategy options, and 5) perceive the impacts of those practices. Beyond providing a structured overview of the current ESG practices by major US real estate companies, the study also intends to unveil the rationales behind those efforts. By mapping the results across the companies' attributes, including ownership structure, investment strategy, international exposure, and asset class, it also sheds light on potential explanations for the divergence of their perspectives.

Download or read book Social Impact Investing in the Real Estate Industry written by Laura Vivian Haidl-Schöpf and published by BoD – Books on Demand. This book was released on 2024-03-18 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation represents an initial exploration and offers a practical framework, along with managerial recommendations, for social impact investing within the real estate industry. The first paper contributes to the academic discourse by elucidating the understanding, boundaries, and definition of social impact investing. The second paper integrates the academic framework of a balanced scorecard with regulatory stipulations set forth by the European Union, while incorporating specific considerations relevant to real estate assets. This integration results in the development of an analytical grid tailored to assess social impact investing within the context of real estate properties. The third and concluding paper evaluates the applicability of the previously established Real Estate Social Impact Investing Analysis Grid and derives managerial insights from interviews conducted with prominent German real estate top managers and sustainability managers. Overall, this dissertation shall enable all actors in the real estate landscape to understand social impact investing and help to establish social impact investing as an integral part of daily business. In line with the sentiment expressed by the Urban Land Institute (2021, p. 12), "Now is the time to put people and places at the heart of real estate investment and development." Through collaboration and the engagement of all stakeholders, the real estate industry can significantly contribute to addressing social and environmental sustainability challenges in a goal-oriented manner. By doing so, it takes on the responsibility of creating a livable and cherished world for future generations.

Download or read book Sustainable Real Estate written by Thomas Walker and published by Springer. This book was released on 2018-10-11 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection broadens the definition of sustainable real estate based on industry trends, research, and the Paris Climate Agreements. Discussions encompass existing and new buildings throughout their life cycle, the financing of their development and operations, and their impact on the surrounding environments and communities. This broader perspective provides a better understanding of the interconnected nature of the environmental, societal, communal, political, and financial issues affecting sustainable real estate, revealing the wide-ranging impact of practitioners' decisions on the sustainable real estate system. Bringing together carefully selected articles from leading global academic and practitioner experts from urban planning, design, construction, and finance, this collection brings to light new opportunities and innovative transdisciplinary solutions to as-yet unresolved problems.

Download or read book Social Impact Investing in the Real Estate Industry written by Laura Vivian Haidl-Schöpf and published by BoD – Books on Demand. This book was released on 2024-04-10 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation represents an initial exploration and offers a practical framework, along with managerial recommendations, for social impact investing within the real estate industry. The first paper contributes to the academic discourse by elucidating the understanding, boundaries, and definition of social impact investing. The second paper integrates the academic framework of a balanced scorecard with regulatory stipulations set forth by the European Union, while incorporating specific considerations relevant to real estate assets. This integration results in the development of an analytical grid tailored to assess social impact investing within the context of real estate properties. The third and concluding paper evaluates the applicability of the previously established Real Estate Social Impact Investing Analysis Grid and derives managerial insights from interviews conducted with prominent German real estate top managers and sustainability managers. Overall, this dissertation shall enable all actors in the real estate landscape to understand social impact investing and help to establish social impact investing as an integral part of daily business. In line with the sentiment expressed by the Urban Land Institute (2021, p. 12), "Now is the time to put people and places at the heart of real estate investment and development." Through collaboration and the engagement of all stakeholders, the real estate industry can significantly contribute to addressing social and environmental sustainability challenges in a goal-oriented manner. By doing so, it takes on the responsibility of creating a livable and cherished world for future generations.

Download or read book Is ESG Commitment Linked to Investment Performance in the Real Estate Sector written by Cajias Marcelo and published by . This book was released on 2011 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Stock Price Dynamics of US REITs written by Nick Martin Trefz and published by Springer Nature. This book was released on 2023-01-01 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: By adopting the ‘REIT laboratory’ and incorporating REIT-specific Fama-French factors, Nick Martin Trefz builds the foundation to appropriately isolate the parameters of interest and to transparently investigate the areas of interest (Short Selling, Covid-19, and ESG) throughout the chapters in this book. He finds that short selling activity measured by short interest correlates with positive excess returns, and that low short interest portfolios have positive and statistically significant alphas. He further identifies that during the Covid-19 pandemic the sources of spillovers among US real estate sectors remain constant compared to before Covid-19. Lodging can be identified as a source of total return as well as tail risk, and Office can be considered a source of volatility. Lastly, he shows that ESG ratings do not affect returns during Covid-19. However, higher ESG ranked REITs show significantly lower volatility during Covid-19.

Download or read book Hong Kong Real Estate Issues for Responsible Investors written by and published by Responsible Research. This book was released on with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book FROM GREEN TO ESG written by MATT. ELLIS and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book ESG and Responsible Institutional Investing Around the World A Critical Review written by Pedro Matos and published by CFA Institute Research Foundation. This book was released on 2020-05-29 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This survey examines the vibrant academic literature on environmental, social, and governance (ESG) investing. While there is no consensus on the exact list of ESG issues, responsible investors increasingly assess stocks in their portfolios based on nonfinancial data on environmental impact (e.g., carbon emissions), social impact (e.g., employee satisfaction), and governance attributes (e.g., board structure). The objective is to reduce exposure to investments that pose greater ESG risks or to influence companies to become more sustainable. One active area of research at present involves assessing portfolio risk exposure to climate change. This literature review focuses on institutional investors, which have grown in importance such that they have now become the largest holders of shares in public companies globally. Historically, institutional investors tended to concentrate their ESG efforts mostly on corporate governance (the “G” in ESG). These efforts included seeking to eliminate provisions that restrict shareholder rights and enhance managerial power, such as staggered boards, supermajority rules, golden parachutes, and poison pills. Highlights from this section: · There is no consensus on the exact list of ESG issues and their materiality. · The ESG issue that gets the most attention from institutional investors is climate change, in particular their portfolio companies’ exposure to carbon risk and “stranded assets.” · Investors should be positioning themselves for increased regulation, with the regulatory agenda being more ambitious in the European Union than in the United States. Readers might come away from this survey skeptical about the potential for ESG investing to affect positive change. I prefer to characterize the current state of the literature as having a “healthy dose of skepticism,” with much more remaining to be explored. Here, I hope the reader comes away with a call to action. For the industry practitioner, I believe that the investment industry should strive to achieve positive societal goals. CFA Institute provides an exemplary case in its Future of Finance series (www.cfainstitute.org/research/future-finance). For the academic community, I suggest we ramp up research aimed at tackling some of the open questions around the pressing societal goals of ESG investing. I am optimistic that practitioners and academics will identify meaningful ways to better harness the power of global financial markets for addressing the pressing ESG issues facing our society.

Download or read book Investing in German Real Estate written by Florian Hackelberg and published by Haufe-Lexware. This book was released on 2021-02-03 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investing in one of the most promising real estate markets in Europe offers enormous opportunities. And as with every real estate market, in Germany too, the local framework conditions must be understood and their particularities must be adequately taken into account. The authors are renowned senior executives, real estate advisors and academics, who share here their extensive experience and real life insights from countless real estate investments, covering all aspects of a successful investment process in Germany. Includes: markets, the regulatory framework and investment guidelines. Contents: - Essentials for successful real estate investments in Germany - Macro-economic structure and dynamics of the German real estate market - Real estate investment, trends and strategies - Diverse submarkets: residential, offices, retail, hotel and nursing homes - Real estate legal, tax and audit frameworks - German REITS and ESG in real estate investments - Real estate M&A, financing, due diligence and valuations

Download or read book Real Estate Investment written by Andrew Baum and published by Routledge. This book was released on 2015-05-20 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real Estate Investment: A Strategic Approach provides a unique introduction to both the theory and practice of real estate investing, and examines the international real estate investment industry as it reacts to the global financial crisis. Andrew Baum outlines the market and the players who dominate it; the investment process; the vehicles available for investment; and a suggested approach to global portfolio construction. The book contains many useful features for students including discussion questions, a full further reading list and case studies drawing on international examples from the UK, continental Europe, the USA and Asia. Ideal for undergraduate and postgraduate students on all real estate and property courses and related business studies and finance courses, Real Estate Investment is designed to provide a foundation for the next generation of investment managers, advisers and analysts. Further resources for lecturers and students are available at: www.routledge.com/cw/baum

Download or read book Sustainable Property Development written by Miles Keeping and published by John Wiley & Sons. This book was released on 2009-02-11 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies, defines and explains in detail property-related environmental issues. It is written in an easy-to-follow style and presented in a lively format. Issues are explained with reference to relevant background information, practical issues and problems posed. The book is supported by current case studies, and there is learning material - with model answers - for students and lecturers to use for group work. Each topic - e.g. law, economics, property development - is structured in the same way: headline - the big issues and important questions; background - historical, legislative, technical; practical problems and solutions; discussion points; case studies; sources of information/further study.

Download or read book Rethinking Real Estate written by Dror Poleg and published by Springer Nature. This book was released on 2019-10-31 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology is revolutionizing the way real estate is designed, operated, and valued. It is democratizing access to capital and information, changing the way tenants use space, and eroding the power of regulation. Billions of dollars are funding these new real estate technologies and operating models. Value is shifting away from the assets themselves toward those who understand the needs of specific end-users and can use technology to deliver comprehensive, on-demand solutions. With all of these developments, there is an urgent need for a resource that helps industry practitioners think differently about their investment, customers, and competition. Rethinking Real Estate answers that call. It explores the impact of technology on all asset types — from retail projects, through lodging and residential properties, to office buildings and industrial facilities. Based on the author’s two decades of experience working across four continents alongside the world’s leading real estate investors, as well as hundreds of conversations with start-up founders and venture capitalists, this book provides practitioners with key insights, methodologies, and practical strategies to identify risks, take advantage of emerging opportunities, evaluate new competitors, and transform their organization, project, venture, or career. Whether you are an investor, developer, operator, broker, lender, facility manager, designer, planner, or technology entrepreneur, this book will help you navigate the exciting period ahead.

Download or read book Sustainable Residential Investing written by Anna Clare Harper and published by Routledge. This book was released on 2022-05-18 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: For investors from across the world, UK residential property is seen as one of the best investments available. This is for good reason. It has a track record of delivering strong, stable returns in a way that is relatively easy to understand and implement. The trouble is, the market has changed. The investors of the future value sustainability more than ever before. There is unprecedented and growing demand for Environmental Social and Governance (ESG) investing, now worth $30 trillion in Assets Under Management each year, around a quarter of all professionally managed assets. The traditional goal of profit maximisation is being replaced. Investments must increasingly be profitable as well as sustainable: economically resilient, with positive ESG metrics. Yet the UK residential property market - worth over £7.5tr - is lagging behind. There is very little clear, easily usable guidance for those responsible for a huge proportion of the market: private investors. The positive impacts of sustainable property investing - for profit-motivated investors, people and the planet - could be huge. The financial, environmental and social costs of getting it wrong could be catastrophic. To get this right, and to avoid the risks of getting it wrong, it is vital to understand: What sustainable residential property investing is What needs to change and How, on a practical level, you can invest in a way that is both profitable and sustainable. This book draws on expertise from within and beyond real estate, provides a simple framework for updating your approach. It highlights common mistakes, and shares advice so that you can avoid them. Ultimately, it's about answering the question of the decade: how can I invest profitably, with positive impacts?

Download or read book How to Invest in Commercial Real Estate if You Know Nothing about Commercial Real Estate written by David A. Dowell and published by Easton Studio Press LLC. This book was released on 2024-04-02 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: In HOW TO INVEST IN COMMERCIAL REAL ESTATE, authors Dowell and Stachenfeld have created the ultimate guide for anyone who would like to invest in the real estate asset class but doesn’t quite know where to start. In an easy-to-read format, all aspects of commercial real estate investment are clearly and entertainingly described, including more complex deal structures. But this book isn’t just for beginning investors. Even seasoned professionals will benefit from reading it, especially from the authors’ insights into the more intricate elements of the market. The authors, a commercial real estate investor and a commercial real estate attorney, have over seventy years combined of invaluable experience with commercial real estate. Their love for their subject is palpable, and they pass along their passion and enthusiasm to the reader. Because the real estate market is viable and changeable, this guide includes a final chapter addressing current trends and the authors’ predictions for the future. The three sections begin with an outline of real estate basics, followed by a deeper analysis of practical applications. Section three presents conclusions and commentary on the state (and the future) of the market. So whether you are taking those first steps into commercial real estate investment or want to upgrade your expertise, HOW TO INVEST IN COMMERCIAL REAL ESTATE will prove to be a much needed and frequently referenced resource.