The majority (73 percent) of the United Kingdom’s institutional real estate investors and property professionals expect more commercial property investors and buyers to walk away from commercial real estate with poor ESG performance. Just one fifth (22 percent) do not expect this to happen.
The findings are from Deepki, a real estate ESG data-intelligence firm. It shows that in the next three years, 82 percent expect this trend to increase. Furthermore, three quarters (75 percent) of institutional investors and landlords are looking to sell commercial real estate assets with poor ESG credentials.
Katie Whipp, head of Deepki UK, said, “Our research shows that ESG is now having a direct impact on the ability to sell U.K. commercial real estate sector assets. This sentiment was echoed at COP26, where there was growing urgency in the sector for climate-change action.
“Many investors and buyers are now voting with their feet and walking away from deals where
