LOGO LOGO

Back to overview

Show on Home of 03/08/2019

CORESTATE signs sustainability standards of the United Nations

CORESTATE has signed the United Nations Principles for Responsible Investment (UNPRI). The commitment to these sustainability standards is a key component of CORESTATE’s integral Environmental, Social, Governance (ESG) strategy, under which ESG criteria are factored into all of the company’s business processes and practices, thereby embodying these best practices of corporate governance.

 

CORESTATE signs sustainability standards of the United Nations

  • Commitment to United Nations Principles for Responsible Investment (UNPRI)
  • ESG criteria integrated throughout CORESTATE Capital Group
  • ESG focus and offerings directed at all customer segments and spanning all new products

Frankfurt, 8 March 2019 – CORESTATE Capital Holding S.A. (CORESTATE), a leading European real estate investment manager, has signed the United Nations Principles for Responsible Investment (UNPRI). The commitment to these sustainability standards is a key component of CORESTATE’s integral Environmental, Social, Governance (ESG) strategy, under which ESG criteria are factored into all of the company’s business processes and practices, thereby embodying these best practices of corporate governance.

“Sustainable and profitable business relationships are an integral part of CORESTATE´s success. We are living up to our responsibilities to the environment, to society and to all of our customers through a long-term, clearly defined ESG strategy which is not only operationally anchored but also visible throughout our product range,” explains Lars Schnidrig, Chief Executive Officer and Chief Financial Officer of CORESTATE.

CORESTATE has put in place a specialised sustainability unit to drive forward with its ESG commitments, implementing them across all of the company’s business areas. In all of its group-wide activities, CORESTATE strives to achieve a harmonious balance between business objectives and societal responsibilities. With this formal and long-term integration of sustainability principles, CORESTATE is taking a leading role in embedding these non-financial objectives within the German real estate market as well as to its client relationships.

Douglas Edwards, Head of Group Equity Raising & Client Services at CORESTATE, added: “We know that an active approach to ESG management adds value by improving process efficiencies, reducing operational risk, and strengthening the trust upon which all of our client relationships are built. Starting with our group-wide corporate functions, through our entire product portfolio, and finally down to the level of each of the individual assets which we manage, we ensure the balance between financial returns and sound corporate governance through the integrity in our management and investment practices.”

IR Contact
Dr. Kai Gregor Klinger
T: +49 69 3535630107 / M: +49 152 22755400
ir@corestate-capital.com

PR Contact
Jorge Person
T: +49 69 3535630-136 / M: +49 162 2632369
jorge.person@corestate-capital.com

About CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and co-investor with approximately EUR 25bn in assets under management. As a fully integrated real estate platform, CORESTATE offers its clients combined expertise in the areas of investment and fund management as well as real estate management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 42 offices including in Frankfurt, London, Madrid, Singapore and Zurich. The company employs over 730 people and is listed in the Prime Standard (SDAX) of the Frankfurt Stock Exchange.

Forward-Looking Statements
This press release may contain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of our company and the estimates given here. These factors include those discussed in our public reports, which are available on our website at [ir.corestate-capital.com]. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

 

05/14/2019

CORESTATE reports promising first quarter 2019 - full-year outlook confirmed

CORESTATE today announced its figures for the first quarter, showing a very convincing start to 2019. Assets under management reached EUR26 billion for the first time; real estate assets under Management rose organically by around 4 percent.

04/26/2019

Annual General Meeting approved distribution of 2.50 Euro per share

The shareholders of CORESTATE Capital Holding S.A. (CORESTATE), a leading European real estate investment manager, approved all agenda items with large majorities at today´s Annual General Meeting (AGM).

04/26/2019

CORESTATE: Annual General Meeting approved distribution of 2.50 Euro per share