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PRI reporting framework 2019

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Fundraising of property funds

PR 02. Fund placement documents and RI

02.1. Indicate if your most recent fund placement documents (private placement memorandums (PPMs) or similar) refer to responsible investment aspects of your organisation.

02.2. Indicate how your fund placement documents (PPMs or similar) refer to the following responsible investment aspects of your organisation:

02.3. Describe how your organisation refers to responsible investment for property funds in fund placement documents (PPMs or similar). [Optional]

CCLA's Property Funds are open ended products. This means that, unlike other property managers, we do not use Private Placement Memorandums. Instead, responsible investment is integrated into all marketing literature for the Funds. This includes their annual report and any slide packs used to present to prospective clients. These documents include details of our approach to incorporating ESG factors in our property selection, management and refurbishment activities. Our marketing team are regularly briefed on the processes used, enabling them to present our approach with confidence.

02.5. Additional information. [Optional]

PR 03. Formal commitments to RI (Private)