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.
We include green clauses in property management contracts. Examples are described below:
- We always include reporting requirements for energy, water and waste consumption for properties.
- For an office property in Paris, there is a particular article in the contract entitled “Politique environnementale: Green Management."
- For an office property in Amsterdam, there is a specific article and an appendix related to Green Management.
Our green language in our property management contracts are examples of how we are leading the industry in this area.