DTZ has teamed with Kenmore Property Group and Forum for the Future to launch Susteno, a sustainable investment fund, the companies said at EXPO REAL in Munich. The new fund is aimed at investors looking to take advantage of the growing impact of environmental issues in the commercial property sector. The fund will be launched on 10 October at the London Stock Exchange.
DTZ has teamed with Kenmore Property Group and Forum for the Future to launch Susteno, a sustainable investment fund, the companies said at EXPO REAL in Munich. The new fund is aimed at investors looking to take advantage of the growing impact of environmental issues in the commercial property sector. The fund will be launched on 10 October at the London Stock Exchange.
This fund will focus on pan-European office investments, primarily in city centre locations, and will be a mix of new-build property and refurbished buildings, plus existing assets that meet the fund’s environmental criteria.
'This fund has been developed as a commercial response to the increasingly important matter of environmental sustainability, where moral and economic imperatives are converging to drive change in the property industry. This is a secular change which we believe is set to sharply accelerate,' Matthew Allen, director at DTZ said.