Brexit, the modern office and ESG

Aviva Investors spoke on real estate and ESG at our 2019 Predictions Forum

As Brexit discussions rumble on, predicting the future of the UK economy has been challenging, especially in the financial services industry, which helps to support vital investment across infrastructure and real estate.

At our Predictions 2019 event at One Angel Court, City of London, we discussed with Aviva Investors, the growing influence of environmental, social and governance (ESG) teams on how investments are made across real assets by major pension funds and long term investors. See video above.

ESG Analyst in Aviva Investors' Responsible Investing team and a specialist in real assets, Stanley Kwong, said he found it very valuable to join our forum to hear differing views on the use of office space by large corporates and agents.

Stanley highlighted the problem of risk when offices are sub-let, not knowing whether the subsequent tenant's activities are in line with Aviva's chosen ESG principles:He also introduced the discussion point on how climate change is now material in the way that long term investors assess companies.