31.03.2011 - Pension funds push ‘green’ real-estate investments
Eleven of the world’s largest pension asset managers, representing $1.4 trillion in assets under management, and some of the leading real-estate industry associations have joined forces to create the Global Real Estate Sustainability Benchmark (GRESB). The GRESB Foundation will do a yearly survey to scrutinize the sustainability of fund managers in the real-estate industry. The goal is to simultaneously create shareholder value and reduce the sector’s substantial carbon footprint, by creating more transparency in the environmental sustainability of real-estate investment managers.............................................Full Article: Source
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