Raphael Mertens News Today

Increasingly, investors are supplementing — or replacing — data from third parties with their own analysis, senior executives from the two funds told AsianInvestor.

The head of ESG at Allianz Real Estate said that making brown buildings green adds only 5% to 10% to renovation costs. Yet some investors are reluctant to make the changes.

Stakeholders across the global industry are failing in their responsibilities, says property investor Allianz Real Estate’s chief sustainability officer.

Most Asian investors still have a poor grasp of the ESG credentials of the supply chain connected to a property or infrastructure investment.

Inflation and economic uncertainty are leading to dwindling opportunities for investors, top executives from both institutions told <i>AsianInvestor</i>.