PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
German open property funds monitoring sustainability, but implementation low - Aberdeen
The factor of energy efficiency and sustainability has received much attention in the E90bn German real estate funds community, but daily implementation has not progressed very far, according to a new survey by Aberdeen Property Investors Germany. Led by German research head Thomas Beyerle, the survey finds that over 80% of fund managers are prepared to act according to sustainable principles, but sustainability is an explicit fixed element in the strategy of only 30%. Its conclusions preceded an announcement last month by TMW Pramerica to focus its fund investments solely on properties with sustainable certification.