Provide a brief description of your organisations selection, appointment and monitoring of third party property managers and how they contribute to the management of ESG issues for your property investments.
Monitoring of third party property managers
In 2016/17 we started with the implementation of a energy controlling system. The system will comprise a database with energy characteristics of all our around 340 buildings (CHF 7.8 Bio Assets). We have an emissions reduction target of 10% compared to 2014 levels by 2022. We will optimize 15 major and 157 medium-sized properties. Those properties are part of the following property investment vehicles:
- Swisscanto Anlage Stiftung
- Swissanto Real Estate Fund IFCA
- Swisscanto Real Estate Fund Swiss Comercial