Ongoing Commissioned Projects

Members of the Real Estate Research Centre have recently been commissioned for the following projects.

The Role of ESG Factors in Benchmarling Real Estate Investment Performance – Alex Moss

The IPF Research Programme has commissioned a consortium,  to provide a comprehensive and critical analysis of existing ESG benchmarks and to consider their potential evolution, in terms of future use and application. In identifying measures currently in use, the policies and practices of a  wide range of European and global real estate investors will be assessed, as well as real estate companies/REITs and fund managers.

The consortium comprises  Professor Graeme Newell of Western Sydney University Anupam Nanda, Professor of Urban Economics and Real Estate, Henley Business School, University of Reading, and Alex Moss, Director, Real Estate Research Centre, Cass Business School.

CRE loan index  - Nicole Lux

Nicole has obtained funding from a City University Enterprise Grant  to pilot a UK lending database study with the aim to create a mortgage performance index. The index will allow to demonstrate the “asset class” performance of CRE lending in general return, risk analysis.

Lenders will be able to benchmark portfolio risk and credit quality and or lending styles against the overall market or matched peer-groups. The study works with key UK lenders and the Bank of England.

Listed real estate securities in real asset funds – Alex Moss

Alex has obtained funding from EPRA for a study on the use of listed real estate securities in real asset funds.

The purpose of this report is to examine:

  • The rationale for a real assets strategy, and provide a clear understanding of the criteria used
  • How current real assets fund strategies differ, in terms of investment objective, investable universe, and benchmark.
  • The current and potential role of real estate securities for a real assets strategy
  • Implementation issues involved in executing a real assets strategy
  • Which infrastructure sectors might be included with real estate to produce a suitable real asset securities benchmark