Environmental, Social, and Governance (ESG) rapidly evolved within the private real estate sector. Firms are navigating a complex landscape shaped by internal priorities and external pressures such as:

  • Firm size and structure
  • Investment style and strategy
  • Performance goals
  • Local, federal, and international regulations
  • Shifting social and economic dynamics

While numerous ESG frameworks and guidelines exist, few are tailored to the unique needs of private real estate. This leaves many firms seeking scalable, practical guidance that aligns with both investor expectations and their own ESG goals.


The ESG reporting ecosystem is crowded with initiatives—some complementary, others overlapping or even conflicting. As a result, investment managers often face uncertainty when trying to:

  • Integrate ESG into their operations
  • Meet diverse investor reporting requirements
  • Align with global best practices

Published: May 5, 2022

We’ve identified and prioritized a scalable set of ESG Key Performance Indicators (KPIs) tailored for the real estate industry. These KPIs are designed to support both investment managers and investors in their ESG reporting efforts.

  • Derived from a wide range of ESG questions found in industry benchmarks and due diligence questionnaires
  • Prioritized based on relevance, clarity, and scalability
  • Developed with broad industry input prior to publication

📄 Download the ESG KPI Guide


Published: October 1, 2021

This foundational document outlines scalable best practice principles for ESG due diligence and ongoing investor reporting. It applies to both real estate firms and the investment vehicles they manage or sponsor.

These principles aim to:

  • Foster meaningful ESG dialogue between investors and managers
  • Provide a consistent reporting framework across the investment lifecycle
  • Enable evaluation of ESG performance at both the firm and vehicle level

📘 Read the ESG Reporting Principles