This site has been created for exclusive use by institutional investors only and does not take into account investment objectives, financial situation or specific needs of any individual investor. Information should not be the sole basis for any investment decision.
If you are not an institutional client, consultant or financial professional and are looking for more information about mutual funds and other products at Nuveen, please visit our site at www.nuveen.com.
Past performance is not a guarantee of future performance. All investments involve some degree of risk including loss of principal. Investment objectives may not be met.
By agreeing you are confirming you are being truthful, acknowledging you have read the information above and accept the terms and conditions set out with this site and meeting the intended audience requirement for this site. Not all content on this site is appropriate or applicable for the general public and we cannot guarantee consequences with the use of this information by unauthorized or unintended users. Content on this site may not be redistributed and is for informational purposes only and does not constitute investment advice or provide a solicitation of an offer to buy any security.
Building a better world one asset at a time
As featured in PERE’s 2021 impact roundtable, Angela Goodings, Research Director, Strategic Insights, discusses with other participants the rise of impact investing and how firms are differentiating themselves from the crowd.
It has become a dictum of the post-pandemic real estate industry that the upheaval of the past year has raised consciousness of social issues in the investing community. Certainly, impact investing has become a focal point for investors, not just in Europe as had long been the case, but increasingly in North America and other parts of the world too. Many investors and managers are backing and launching impact strategies, or at least claiming to do so.
The roundtable participants noted three principles crucial in impact investments: intentionality (setting out with the deliberate intent to solve a problem); additionality (doing more than the market would have provided anyway); and measurability. The participants agree that the third of the three pillars of impact investing, measurability, remains the most challenging, despite the progress made in developing benchmarks for energy efficiency and emissions.
It is challenging to measure something from a social perspective that can be more qualitative, rather than quantitative. We need to understand how real estate fits into the wider community and gauge the positive societal impact of investing.