More and more, environmental, social and governance (ESG) investing is permeating various sectors. One area of focus is real estate and funds focusing on this tangible asset will start to see more ESG criteria entering the fold.
While investing to earn a profit will always be at the forefront in real estate investing, ESG will now play an integral role in investment decisions.
“Whereas previously ethical investment may have been viewed as morally virtuous, it is now also being seen as a financially sound investment in its own right, as well as one that promotes values and ideals that form the basis of many firms. The COVID-19 pandemic has accelerated the elevation of the importance of ESG performance,” wrote Jonathan Cantor in the article “Dentons Asset Management and Investment Funds: ESG Performance in Real Estate Investment Funds.”
As mentioned, Covid-19 has been an outperformer during the Covid-19 pandemic, outpacing