Showing 11 - 20 of 101 entries
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MSCI BlogMeasuring Climate Risk in Real Estate Portfolios
By evaluating real estate portfolios in terms of different physical risks as well as under different transition-risk scenarios, investors may be able to build a more complete picture of their exposure.
Press ReleaseMSCI launches solution enabling real estate investors to assess climate risks
MSCI BlogCOVID-19 and Real Estate: The Devil Is in the Dispersion
Many real estate markets were showing signs of a slowdown even before COVID-19’s negative impact on property portfolios. Has this correction been similar to previous ones? We looked at dispersion of returns, within and across real estate sectors, for the answer.
Research PaperDeconstructing ESG Ratings Performance: Risk and Return for E, S And G by Time Horizon, Sector and Weighting
How are environmental, social and governance (ESG) ratings constructed? Which indicators are the most important in assessing ESG characteristics? Does the answer vary by sector? This foundational paper examines the impact on financial performance of two types of ESG indicators: the individual E, S and G pillars scores and the underlying ESG Key Issue scores. They found that these indicators related differently to companies’ financial performance and challenges the conventional wisdom that “G”...
Research PaperMyths Debunked - Managing Risk in Commercial Real Estate
This new digestible version of ‘managing risk in commercial real estate’ looks at how the multi-asset class context to the market, portfolio, asset and tenant level is changing the way we look at real estate risk. Although understanding of real estate risk is improving, this can be poorly integrated into actual investment processes. This research paper uses MSCI’s unique global dataset and risk models, to focus on several key areas important to the discussion around real estate risk.
Research Paper2020 ESG trends to watch
We highlight five trends we believe will unfold over 2020: Climate change innovators: spotting the sleeping giants; new terms for capital: ready or not, here comes ESG; Re-valuing real estate: investing in the eye of the hurricane; the new human capital paradox: Juggling layoffs and shortages; and keeping score on stakeholder capitalism: looking for accountability in all the new places.
Research PaperResearch Snapshot: MSCI Real Estate Report
This year's research snapshot explores the investment challenges facing the industry from the risks of late cycle investing to disruptive technology and how to incorporate ESG into your investment strategy. The snapshot also provides an overview of global property market trends across sectors and markets and as part of the wider MSCI business we also explore issues relevant to institutional investors, such as looking at real estate in a multi-asset class context.
Research PaperUK Lease Events Review – November 2019
MSCI and BNP Paribas Real Estate have long pursued a thorough understanding of UK leasing activity through real estate investment research. Now in its 21st year the UK Lease Events Review remains the go to assessment of the robustness of income flowing from commercial real estate assets. This research focuses on two distinct elements; new leasing trends in the marketplace and the effect on income when a lease event, such as a break or expiry, occurs. Such an understanding has grown in...
Research PaperClimate risk in private real estate portfolios: What’s the exposure?
As a long-term asset class, private real estate is especially vulnerable to climate-related events, such as water stress, hurricanes and flooding. The impact for investors could range from increased operational costs (e.g., damage to the property, repair costs) to the potential for higher insurance costs, property devaluation and in some extreme cases, the complete loss of the property. We analyzed physical risks in five real estate markets in different regions (Australia, South Africa, the...