Sustainability

Smart, Responsible Investing

At Presima, we believe that investing in sustainability-oriented companies can deliver better social and investment outcomes for our clients. Consequently, we have been committed to incorporating environmental, social, and governance (ESG) factors in our investment solutions since 2006. The below timeline highlights key elements along our ESG integration journey.

2006

Integrated Factors Into Financial Analysis

Governance factors are imbedded in our proprietary valuation model providing a better cost of equity profile.

2009

Became UN PRI Signatory 

We made a commitment to ESG practices and made them an integral part of our corporate policy.

2015

Augmented ESG Coverage 

100% companies of our investment benchmark now have a proprietary ESG rating in our models.

2019

Managing ESG Strategy

Leveraging our knowledge of ESG factors to manage ESG-focused strategy for our clients.

2021

Expanding Our Expertise To Other Asset Classes

ESG integration process expanded to Listed Infrastructure and launch of Real Assets ESG Fund.

2024

Presima’s Parent Company Becomes UN PRI Signatory

Slate Asset Management (Slate) publicly committed to incorporating ESG factors into its investment decision making and ownership practices. Presima, wholly owned by Slate, has been a UN PRI signatory since 2009. As of 2024, Presima is covered under Slate’s signatory status.

Principle for Responsible Investment

As a long-time signatory of the United Nations Principles for Responsible Investment (PRI), we adopted a Responsible Investment Policy that is one of the guiding principles in our investment process for all assets under management. As part of this policy, we have developed an ESG Screening Policy which is applicable for all assets under management at Presima.

Integration

Presima usually has a medium or long-term investment horizon. It therefore intends to monitor and to contribute to the profitability of the companies in which it invests. Its contribution is intended to be constructive by targeting first and foremost a common objective – the success of the companies – and, consequently, an optimal financial return and security of investors’ capital.

Presima believes that there is a positive link between ESG performance and financial performance in real estate. As such, ESG considerations are factored alongside more conventional financial indicators into every security valuation to capture a holistic view of a potential investment’s risk profile.

View Our Integration Process

Presima’s engagement philosophy is anchored in the spirit of collaborative relationships and reinforces our commitment to uphold Principle 2 of the United Nations Principles for Responsible Investment (UN PRI): “We will be active owners and incorporate ESG issues into our ownership policies and practices.”

View Our Engagement Policy

It is important for Presima to have the tools and means that are essential to its role as a global investment management firm. A policy governing the exercise of voting rights is an excellent communications vehicle. It enables Presima to take into account its responsibilities with regard to the funds it manages and with regards to the interests of its clients. It also serves to add value to the capital stock of companies and make a lasting contribution to their growth for the benefit of all their shareholders and of the communities in which such companies operate.

View Our Proxy Policy

Presima views climate change as a serious threat to communities, businesses, and ecosystems around the world. Thus, we seek to support climate change action by aiming to understand the potential physical effects of climate change, as well as potential opportunities arising from the transition to a low-carbon economy, in the overall investment decision process.

In pursuing its investment activities and a responsible investment approach, Presima believes that climate risk factors are material and can have an impact on long-term financial returns. As such, we believe that climate disclosures are relevant and necessary in the overall investment decision process.

This Climate Policy is applicable for all assets under management (AUM) at Presima.

View Our Climate Policy

Presima is exploring pathways and is committed to establishing a roadmap to align its portfolio with the Paris Agreement.

Presima is committed and is currently in the process of assessing the exposure of its portfolios to climate risk.

To ensure the profitability of the companies it invests in, Presima also intends on engaging with company leadership teams about their intentions and ambitions and advancements related to climate risks and opportunities.

This conversation will be centered around the need for sustainable, climate-ready business strategies that increase both societal and financial value.

Presima has also begun engaging with its own clients about climate considerations.

Finally, Presima envisions establishing a process to regularly and systematically report on its progress on its climate goals to its clients.

Presima also publicly support TCFD since December 2020.

View Our TCFD Report

Corporate ESG

Mission Statement

As a global REIT investment manager, we believe that to prosper over time we not only need to create better financial futures for our clients but also make a meaningful contribution to the society in which we live and work. We are committed to ESG values and seek to make a positive impact in the industry by incorporating sustainability into:

The Investment Solutions Offered to Our Clients

The Well-Being and Inclusion of Our Employees

Our Business Operations

Our Community and the Planet

Investment philosophy

Central to what we do are our core beliefs that guide our decision-making process and how we construct and manage our portfolios.

REITs Are Real Estate

REITs are correlated to stocks in the short-term but over the medium to long-term, they perform like real estate.

Mispricings Do Occur

The nature of the listed market leads to divergences between stock prices and intrinsic value but significant discounts to intrinsic value do not happen often.

Focus on Fundamental Analysis

Prioritize on-the-ground research and detailed asset-level analysis. Develop and maintain proprietary financial models specific to Global REITs.

Technology as a Central Tool

PropTech platform developed over nearly two decades. Deep analysis of valuation and historical trends to identify mis-pricings.

Prosper Over Time