Sustainable transformation of their real estate holdings is right at the top of the agenda for institutional property investors in Europe. Given growing pressure from European as well as national and local regulations to improve the sustainability of property stock, 68 per cent of the 150 real estate companies surveyed across the three largest European economies by Union Investment for its investment climate study are responding primarily by investing in sustainable refurbishment of their portfolios.
At 73 per cent, Germany has the highest number of respondents committed to sustainable transformation, while in France the figure is 72 per cent. Investors in the UK, where only 57 per cent are investing in their existing buildings, drag the average down.
You can now read the full ‘Thought Leadership’ article from Union Investment at the link below
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