Posts by Sonny Masero
Singapore – The gateway to Sustainable Real Estate Investment in Asia
In the week before last, I was in the iconic European city of Amsterdam. Cobbled streets of merchants’ homes and old warehouses built around the old port and canals. A place where you can’t walk along the street on your mobile phone or risk getting run down by a bicycle or two. In October, apples…
Read MoreEVORA Insights Roundtable in Milan
Our first Roundtable in Italy was an epic – over three hours of discussion in between eating five delicious courses on a warm October evening. Together with our co-host Savills IM, our team hosted guests representing the best of Milan’s real estate investment community. “How much does it cost? Our guests were a mixture of…
Read MoreEVORA Insights New York Roundtable
In September, together with Tishman Speyer, we co-hosted a Roundtable lunch and discussion at the Rainbow Room in the Rockefeller Center. The food and the view were fantastic! It was an invite-only affair for eight real estate investors and investment managers. The topic of conversation was climate risk and how it can effectively be integrated…
Read MoreEVORA Insights Roundtable Summary
Can private credit/debt have an ESG impact? On the 17th June, on a hot day in London, we were joined by eight clients for a roundtable lunch including some of the largest private real estate debt funds. We were there to discuss how private credit/debt can effectively progress ESG objectives when these products do not…
Read MoreInfrastructure investors are leading other real assets
In October, EVORA Global and GLIO hosted a lunch with a select and insightful group of investment managers who are leading on the integration of ESG. In a number of ways, these leaders were ahead of other real assets, particularly real estate. There are obvious differences between direct investment in infrastructure and equity investment in…
Read MoreCOP26: A Summary
What is a COP? A Conference of the Parties (COP) is an annual meeting of the signatories to a UN convention – an agreement to co-operate to tackle a global challenge. In the case of climate change, there are almost 200 states who have signed the UN Framework Convention on Climate Change (UNFCCC) since its…
Read MoreWhat did we learn from our first EVORA Insight’s lunch on the topic of how ESG is being integrated into investment decision-making?
The gap in expectations between the leaders and the majority of investment managers is huge. Even the leaders don’t think they are doing anywhere near enough. To be honest, it’s a little disheartening. Organisational change and capacity building is being hampered by structural changes, which cannot be solved by each firm on their own. For…
Read MoreESG Data is Growing Up
We are entering a new era of ESG data. Historic market failures regarding our negative environmental and social impacts, and the resulting climate change, nature loss and social inequality, are starting to be corrected with structural changes to the market. In the financial sector, we are seeing both dynamic and double materiality becoming an integral…
Read MoreForward-looking ESG data
To integrate climate risk and sustainability into financial decisions, we need to standardise metrics, improve data quality and ensure that it is forward-looking as well as measuring past performance. For climate risk, this is an essential part of the TCFD Recommendations for integrating climate risk as an investment risk. Climate risk is divided into three…
Read MoreClimate Risk Readiness White Paper
1. Why is climate change such an important investment risk for investors in real estate & infrastructure? A summary of the factors driving change in the real asset markets. In early 2020, before the pandemic hit, BlackRock’s Larry Fink called out the fact that “Climate Change is Investment Risk”. Three paragraphs of his annual letter…
Read More