07.3.
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.
Northern Horizon has a ‘quality’ clause in all its property management contracts in which ESG is implied to. However, ESG is not addressed as a stand-alone issue. On selected funds, Northern Horizon has entered into separate ESG contracts with property managers to enable reliable reporting to GRESB.