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ESG & Thematic Investing

A key part of our decision-making process is to invest in accordance with defined investment themes that we believe will lead to out-performance. Many of these themes have strong links to sustainable investment.


We analyse and track these changes in order to guide our investment strategy. To achieve this, we have adopted a thematic research program, grouping identified trends into overarching “themes”. We analyse how society and businesses are being influenced by these themes, which gives us an understanding of what these changes mean for tenant demand over the long-term and the implications for real estate. 


We have identified five themes, which provide more tangible guidance about how to apply these changes to real estate. Locations or assets, which are aligned with one or more of the following themes are expected to be able to meet tenants’ requirements over the long term.This knowledge combined with in-depth local market intelligence underpins our investment strategy and give us conviction in our transaction and asset management activities.

Thematic investment strategy

Understanding the themes that are underpinning sweeping occupier demand changes

1) Connectivity

Transport infrastructure projects have a major impact on property markets and accessibility is key to occupiers. While physical connectivity is an important driver, digital connectivity – both speed of connection and access – is also growing in importance. This digital need is driving the requirement for stable access to power but “power connectivity” will also increasingly be needed to support the shift to automation.

ESG Impact: Public transport - proximity to public transport reduces car borne journeys. Access to labour – nearby labour pool reduces number and length of journeys.


2) Communities & Clustering

This theme reflects the importance of business and individual networks. For individuals, the desire for integration in a community is a social need. Industry clustering continues to gain in importance, as businesses continue to favour being part of a community in order to access skilled staff, shared resources and support networks.

ESG Impact: Promotes social elements such as diversity, cross business engagement and fostering community.

3) Consumer & Lifestyle

It is crucial to understanding who consumers are – reflecting the change in population structure due to e.g. ageing population – and how their attitude, demands and behaviours are evolving. In an environment, where consumers are placing a greater emphasis on value - both of time and money - convenience and experience gain in importance. Taking these changes into account, employers are using their real estate as a differentiator by providing and engaging, high quality workplace which has a range of working and social environments to attract work talent.

ESG Impact: Attracting staff - Green Space within and near to assets. Also promotes inclusion of biophilia within work space and encourages attention to wellness issues.


4) Change & Disruption

This is a broad theme and the most fluid, as it covers everything from political & economic change through to changes in e-commerce. Impact of further technological change is analysed, taking into account that it has enabled employees to become a more mobile workforce. The growth in big data, which brings the ability to analyse large data sets to understand how we use the built environment is likely to have a significant impact for the real estate sector as well and is part of this analysis.

ESG Impact: Flexibility and Adaptability – adds to resilience and reuse.


5) Climate & Environment

There is a growing emphasis on health and wellness in the society. Being resilient to shifting weather patterns and providing environments that meet the expectations of consumers looking for a more sustainable future is key. The desire to decrease one’s carbon footprint is combined with growing demand for access to green spaces, reduced city congestion and lower levels of carbon emissions and water use. Green power sources and smart metering are becoming standard in a building.

ESG Impact: Clear links to assets that are environmentally friendly.



Property Income Trust for Charities

A Fund managed by Swiss Life Asset Managers UK Limited

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The information on this site is issued by Swiss Life Asset Managers UK Limited ("Swiss Life Asset Managers UK"), a company incorporated in England and Wales under number 04846209, authorised and regulated by the Financial Conduct Authority ("FCA") with FRN 229228 and its registered office is at 55 Wells Street, London, W1T 3PT.  Swiss Life Asset Managers UK is a member of Swiss Life Asset Managers.

The Property Income Trust for Charities (“PITCH”) is a pooled property vehicle, in the form of a UK exempt unauthorised unit trust, which is managed by Swiss Life Asset Managers UK.

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