Assessing the Environmental Risks of Property Investment Portfolios

Abstract

Illustrates that there are environmental risks associated with the current land uses which can be expected to be found within the industrial element of both institutional and property investment company portfolios. Argues that environmental problems are not exclusive to the uses associated with heavy industrial/ owner‐occupied type property. Environmental problems can also stem from the current occupational activities of B1, B2 and B8 industrial units. Consequently, outlines the information sources and tools that are available to assess this type of environmental risk. It also examines how off‐site environmental losses suffered by a tenant could impact on the investment performance of property. Concludes by urging those involved in assessing the risks associated with property investment, particularly at the stock selection level, to take account of such environmental issues.

Citation

Turner, N.J.K., Gronow, S.A. and Pritchard, P. (1994), "Assessing the Environmental Risks of Property Investment Portfolios", Journal of Property Finance, Vol. 5 No. 4, pp. 68-83. https://doi.org/10.1108/09588689410080301