Legal & Important Disclosures
Investment Management GmBH SFDR Disclosure
SFDR Disclosure
Tishman Speyer Investment Management GmbH**
- Sustainability risk integration (SFDR Article 3) Sustainability risk is understood as an environmental, social or governance (ESG) event or condition that, if it occurs, could have an actual or potential material adverse effect on the value of an investment. Tishman Speyer Investment Management GmbH (“TSIM”) integrates sustainability risks into its investment decision-making process in line with applicable regulatory requirements. Sustainability risks are assessed, where relevant, at the level of individual investment strategies and assets and are considered as part of the due diligence and ongoing asset management process.
- Impact of sustainability risks on returns Failure to consider sustainability factors may have a long-term negative impact on property values. Properties with weak sustainability characteristics may be more exposed to regulatory, reputational, technological and market risks, which can adversely affect operating performance and returns.
- Principal adverse impacts statement (SFDR Article 4 – opt-out) TSIM does not currently consider principal adverse impacts of investment decisions on sustainability factors at entity level. This decision is based on a proportionality assessment, including the size of the organisation and the current availability and reliability of relevant data. TSIM keeps this approach under regular review and may reassess its position as regulatory requirements and data availability evolve.
- Remuneration policy (SFDR Article 5) TSIM’s remuneration policy is consistent with the integration of sustainability risks into investment decisions and is designed to avoid incentives that would encourage excessive risk-taking with respect to sustainability risks.
- Product classification The Company manages closed-ended real estate funds classified as Article 6 products within the meaning of the SFDR. The relevant pre-contractual documentation describes how sustainability risks are considered and assessed at product level.
