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 do select property managers that factor ESG issues and pencil that down in our contracts and in our on-going discussions with them. We have internal capabilities to assess the property we invest in through our Diagtech tool and lend the results of these Diagtech to our property managers as they form the basis for discussions, management and targets. Diagtech also includes pluri-annual investment plans needed and allows following up the progress made. We do not ask our property managers to report on ESG as we do this ourselves internally and again, with Diagtech have the data points (hundreds of them) by property necessary to do so.