The BBP is delighted to welcome Schroder Real Estate as the 28th member of the Partnership.
With a real estate portfolio of over £12bn1, Schroder Real Estate is one of Europe’s leading real estate investors. Schroders has managed real estate funds since 1971 and invests across direct real estate, real estate securities and real estate capital partners. Its direct real estate investments focus primarily on offices, retail and industrial and represent c. 60% of assets under management.
Schroder Real Estate’s philosophy is to invest in ‘winning cities’ throughout Europe where GDP growth is expected to outperform national averages. Cities with strong and sustainable infrastructure, diverse economies, skilled labour forces and quality of life are key characteristics which are assessed prior to investment. Assets are managed through a business plan led approach, allowing Schroder Real Estate to add long term value through its asset management initiatives.
Schroder Real Estate has had a long-standing commitment to sustainability which is delivered through the integration of their Responsible Investment Policy across their core business activities. They believe this can deliver improved long-term returns, contributes to tenants’ business performance, and creates tangible benefits to the local communities and societies in which they operate.
Charlie Jacques, Head of Sustainability at Schroder Real Estate said: “Schroder Real Estate has joined the BBP as we appreciate the value of collaboration to improve and evolve responses and solutions to sustainability challenges. Being a member of the BBP gives us an opportunity to work with like-minded investors on ESG and to participate in the market-leading programme of work developed by the BBP.”
Sarah Ratcliffe, Programme Director at Better Buildings Partnership said: “We are delighted to welcome Schroder Real Estate to the BBP. They have already demonstrated their long-term commitment to sustainability across their real estate portfolio. We believe that Schroder Real Estate will make a valuable contribution to the work of the BBP, developing practical tools and guidance to improve the sustainability performance of real estate assets and transform the market.”
You can find out more about Schroder Real Estate’s environmental policy here.
1 Schroders as at 31 December 2016
Better Buildings Partnership
The Better Buildings Partnership (BBP) is a collaboration of the UK’s leading property owners who are working together to improve the sustainability of the UK’s existing commercial buildings. The organisation's aim is to deliver market transformation through sustainability leadership and knowledge sharing across the UK property industry. The BBP currently has 28 members who represent in excess of £180bn Assets Under Management (AUM). The Better Buildings Partnership is a not for profit collaboration of the UK’s leading commercial property owners who are working together to improve the sustainability performance of existing buildings.
It has 28 Members who together have £180bn of assets under management. Its members include Aberdeen Asset management, Aviva Investors, Blackstone, British Land, Bruntwood, Cadogan, Canary Wharf Group, Capital & Regional, CLS Holdings, Cording Real Estate Group, Deutsche Asset & Wealth Management, Great Portland Estates, Grosvenor, Hammerson, Hermes Investment Management, intu Properties, Land Securities, LaSalle, Investment Management, Legal & General Investment Management, Low Carbon Workplace, M&G Real Estate, Segro, Shaftesbury, Schroder Real Estate, TH Real Estate, The Crown Estate, Transport for London and Workspace.
Schroder Real Estate
Schroders has managed real estate funds since 1971 and currently has £12.1 billion (EUR 14.2 billion/ $14.9 billion*) of gross real estate assets under management as at 31 December 2016.
Most of the real estate funds referred to are unauthorised collective investment schemes as defined in the Financial Services and Markets Act 2000. Promotion of these funds is restricted and access to full information about these funds is only available to those exempt from the restriction.
For further information about Schroders’ real estate business visit www.schroders.com/realestate
*Real Estate AUM includes holdings of Schroder Real Estate Capital Partners and Schroders Multi-asset Funds.