Schroders Launches Real Estate Impact Fund
Global investment manager Schroders announced today the launch of the UK Real Estate Impact Fund, aimed at delivering socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. impact outcomes, including addressing socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. inequality in deprived locations across the UK.
Chris Santer, Schroders Capital Impact Fund Manager, said:
“Real estate is uniquely placed to help address major socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. inequalities across the UK. Through our focus on deprived areas and working to understand the needs of local communities, we believe we can deliver place-based real estate solutions driving socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. change together with long-term financial value for investors.”
According to Schroders, the fund will predominantly invest to bring forward affordable homes, workplaces and mixed-use town center re-purposing projects, mostly in geographic areas defined as ‘deprived’ by the UK Government.
Schroders said that the fund’s objectives include addressing socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. deprivation and inequality as well as delivering a financial return, and that it will “seek to address socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. challenges faced by a range of beneficiaries including low-income families, community groups, socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. enterprises and SMEs.”
Additionally, each of the fund’s assets will have environmentalEnvironmental criteria consider how a company performs as a steward of nature. targets aligned with Schroders‘s pathway to achieving net zero carbon across its global real estate asset portfolio by 2050.
Sophie van Oosterom, Global Head of Real Estate, Schroders Capital, said:
“The Covid pandemic exposed and exacerbated the widening gap in socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. inequality. Schroders Capital’s UK Real Estate Impact Fund offers institutional investors the opportunity to be part of the solution to help address regional inequality through investment in real estate assets in more deprived areas in the UK. The fund will invest to deliver positive, measurable socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. impact alongside attractive long-term financial returns.”
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