Asset manager AEW Europe has won a €310 mln French real estate investment mandate.
Asset manager AEW Europe has won a €310 mln French real estate investment mandate.
The mandate was awarded by the French public service supplementary pension scheme ERAFP.
The 10-year instruction, with clear guidelines on sustainability and socially responsible Investing (SRI), will invest primarily in French office and retail assets, with limited exposure to residential and student housing.
AEW Europe is a founding member of the Green Rating Alliance and a signatory to the United Nations Principles of Responsible Investment (UNPRI). As part of the firm’s commitment to sustainability, AEW Europe has developed new tools to assess and improve the energy efficiency of the €17.4 bn of real estate assets that it currently manages.
