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By Lisa KLEMANN, counsel, funds and asset management Dara INGALLO, senior knowledge lawyer, funds and asset management, AO Shearman
Transition funds are investment vehicles designed to support the transformation of assets or sectors that are currently not environmentally sustainable towards a low-carbon and climate-resilient economy. This is particularly important in the real estate sector, which is traditionally one of the most energy-intensive sectors and major contributor of greenhouse gas emissions(1). Transition real estate funds typically target existing buildings with high potential for energy efficiency improvements and carbon emissions reductions. Such funds could achieve significant sustainable impact by aligning their real estate...
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