News & Events

Leah Malone, who leads the Firm’s ESG and Sustainability Practice, was quoted in a Law360 article titled, “ESG In Real Estate Hasn't Left The Building.” The article discussed the impact of ESG initiatives on the real estate sector going into 2024, despite rocky market conditions last year. Leah explained that global private equity funds that invest in real estate will continue to place an emphasis on promoting some sort of environmental or social cause, partly due to the EU's Sustainable Finance Disclosure Regulation. “Because global funds, to the extent that they're touching the EU, really do have to put themselves in these boxes and hold themselves to certain reporting standards that they set out at the fore, I think you will see less of a pull away from these issues,” she said. She further noted that the Corporate Sustainability Reporting Directive will have a significant impact on U.S. companies that have sizeable operations in the European Union.

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