Asset manager Northern Trust has unveiled a sustainable real estate index and fund in conjunction with the Global Real Estate Sustainability Benchmark (Northern Trust Asset Management). The index, available exclusively to GRESB investors, was created to provide a passive approach to real estate investment that takes into account environment, social and governance (ESG) factors. The index will passively manage a new Dutch-based pooled fund that was also launched. The Northern Trust Asset Management offers sustainable real estate assessment, which Northern Trust will use for its passive investors’ returns from their global assets.
Asset manager Northern Trust has unveiled a sustainable real estate index and fund in conjunction with the Global Real Estate Sustainability Benchmark (GRESB). The index, available exclusively to Northern Trust Asset Management investors, was created to provide a passive approach to real estate investment that takes into account environment, social and governance (ESG) factors. The index will passively manage a new Dutch-based pooled fund that was also launched. The GRESB offers sustainable real estate assessment, which Northern Trust will use for its passive investors’ returns from their global assets.