Socially responsible property investment (SRPI): An analysis of the relationship between equities SRI and UK property investment activities

Journal of Property Investment & Finance

Volumn 25, Issue 4, 2007, Pages 342-358

  Rapson, Daniel ^a   Shiers, David ^b   Roberts, Claire ^c   Keeping, Miles ^c  

^a TRANSPORT RESEARCH LABORATORY   (United Kingdom)

^b OXFORD BROOKES UNIVERSITY   (United Kingdom)

^c King Sturge LLP ^*  (United Kingdom)

Author keywords

Investments; Property; Social responsibility

Indexed keywords

EID: 34547100796     PISSN: 1463578X     EISSN: None     Source Type: Journal    
DOI: 10.1108/14635780710762490     Document Type: Article

References (26)

1. ACE (2004), “Energy efficiency in the commercial sector”, Association for the Conservation of Energy, available at: www.ukace.org/research/ (accessed 18 November 2005).
2. Catalano, A. (2001), “Fat cat landlords are out and socially responsible ones are in – ethical property investment could be the next big thing”, Estates Gazette, 17 February.
3. CFS (2004), 2004 Sustainability Report, Co-operative Financial Services, available at: www.cfs.co.uk/servlet/Satellite?cid=1108109697271&pagename=CFSSustain/Page/tplCFSPageStandard&c=Page (accessed 12 December 2005).
4. Cowan, D. (2004), “The REIT benefits; double taxation property may become a thing of the past”, The Herald, 29 January, p. 13.
5. Davis Langdon Consultancy (2003), “Investing in sustainable development” Key Players Group Workshop 1 Report, Davis Langdon Consultance, London.
6. EGI (2003), 2003 Top 10 fund managers by value managed, Estates Gazette Interactive, available at: www.egi.co.uk/company_tables_results.asp (accessed 3 September 2005).
7. EIRIS (2003), Market Statistics, The Ethical Investment Research Service, available at: www.eiris.org/Pages/MediaInfo/MarSta.htm (accessed 12 August 2005).
8. Eurosif (2004), Pension Programme SRI Tool Kit 2004-2005, Eurosif, Paris, available at: www.eurosif.org/pub2/lib/2004/11/pensiontk/index.shtml (accessed 23 November 2005).
9. IPD (2005), Investment Property Databank, available at: www.ipdindex.co.uk/results/indices/uk_annual/index_uk_annual.asp (accessed 27 November 2005).
10. Jones, I. (2005), interview with Ian Jones, Head of Responsible Investment, CIS Insurance, conducted at Oxford Brookes University, 11 October.
11. Keeping, M. and Shiers, D.E. (2004), Sustainable Property Development: A Guide to Real Estate and the Environment, Blackwell Science Ltd, Oxford.
12. McNamara, P. (2000), “A socially responsible investment policy for property”, available at: www.prupim.com/CLIENTS_PrupimNewsItem.asp?Code=356422E5-B8A6-11D5-A4E7-00508B6884A6 (accessed 23 August 2005).
13. McNamara, P. (2005), “Socially responsible investment in property – making a proper contribution”, professorial lecture, Oxford Brookes University, Oxford, 27 April.
14. McNamara, P. (2006), “Institutional investment in regeneration: necessary conditions for effective funding: a funder's response”, paper presented at the research launch for Institutional Investment in Regeneration: Necessary Conditions for Funding, IPF, 19 January, available at: www.ipf.org.uk/resources/pdf/Paul%20McNamara.pdf (accessed 27 Janary 2006).
15. Mansley, M. (2000), Socially Responsible Investment: A Guide for Pension Funds and Institutional Investors, Monitor Press, Sudbury.
16. Mansley, M. and McNamara, P. (2000), “Socially responsible investment has its advantages – but property investors must tailor SRI to the arena of real estate”, Estates Gazette, 25 November.
17. Morley Fund Management Ltd (2005), “Building for the future: investing for sustainable development in the UK residential property sector”, Morley Fund Management Limited, available at: www.morleyfm.com/uk/morley/groups/internet/documents/salessupportmaterial/pdf_000503.pdf (accessed 21 December 2005).
18. Pivo, G. and McNamara, P. (2005), “Responsible property investing”, International Real Estate Review, Vol. 8 No. 1, pp. 128-43.
19. RICS (2005), Shariah Property Investment: Developing an International Strategy, RICS Research, Royal Institute of Chartered Surveyors, London.
20. SCFG (2000), SCFG Towards Sustainability: a Strategy for the Construction Industry, Sustainable Construction Focus Group, Construction Confederation, CIP Ltd, London.
21. Sparkes, R. (2002), Socially Responsible Investment: A Global Revolution, Wiley & Sons, Chichester.
22. Sparkes, R. and Cowton, C. (2004), “The maturing of socially responsible investment: a review of the developing link with corporate social responsibility”, Journal of Business Ethics, Vol. 52 No. 1, pp. 45-57.
23. Tinworth, A. and Osborne, H. (2006), “Hot air”, Estates Gazette, 7 December.
24. UKSIF (2005), Drivers of Consumer SRI Growth, available at: www.uksif.org/Z/Z/Z/cons/driv/index.shtml (accessed 20 October 2005).
25. Wilkinson, S. (2004), Conceptual Understanding of Corporate Social Responsibility in the UK Construction and Property Sectors, CIB 2004, Toronto.
26. WWF and Insight Investment (2005), Investing in Sustainability: Progress and Performance Among the UK's Listed House-Builders – Revisited, Vol. 18, World Wide Fund for Nature and Insight Investment, World Wildlife Fund, Godalming, available at: www.wwf.org.uk/filelibrary/pdf/investinsustainability.pdf (accessed 18 December 2005).