Industry Voice: Columbia Threadneedle UK real estate institutional funds aim for net zero by 2040

clock • 1 min read
Columbia Threadneedle Investments
Image:

Columbia Threadneedle Investments

If the real estate industry is to achieve its net-zero goals, it requires investment at scale without compromising on sustainability.

To achieve Net Zero, investment in Real Estate is required at scale. While there are Impact funds that deliver strong sustainable metrics, they tend to be in their infancy and are typically smaller in scale.

However, just because a fund is bigger doesn't mean it needs to compromise on its sustainable focus. James Coke, Co-head of Institutional UK Real Estate at Columbia Threadneedle Investments highlights how research from their Environmental Consultants found that it is in the financial interest of the funds to be ambitious from a sustainability perspective.

Their analysis demonstrated that once the cost of offsetting is taken into account, it is financially more advantageous to achieve net-zero in advance of the 2050 deadline. As a result, Coke says their goal for their Threadneedle Pensions Limited Pooled Property Fund and the Threadneedle Property Unit Trust funds is to be operationally net-zero by 2040, rather than 2050.

To read the full article, click to access your exclusive Focus guide.

This post was funded by Columbia Threadneedle Investments.

More on Property

The interior of an apartment at Manchester's New Vic development (Source: PIC)

PIC completes first build-to-rent project

520 homes now available at Manchester’s New Vic development

Jasmine Urquhart
clock 09 October 2023 • 1 min read
Charles Tarriere, Managing Director, Fund management at PATRIZIA

Partner Insight: Are redeveloped properties still in demand?

With falling real estate prices is it still worth investing in developing and building new properties?

Charles Tarriere
clock 31 August 2023 • 1 min read
Paul Hampton, Head of International Funds at PATRIZIA

Partner Insight: How do you avoid pitfalls in real estate investing?

Landlords cannot afford to forget that their properties are there to satisfy the occupier

PATRIZIA
clock 29 August 2023 • 1 min read
Trustpilot