ABG Real Estate Group announced a strategic partnership with ESG-focused financial technology company Arabesque Holding to jointly develop ESG solutions for the real estate sector. ABG has also acquired a minority stake in Arabesque.

The companies, along with construction company Goldbeck, which has already invested, are joining forces to expedite the key concept of ESG aspects in the construction and real estate sectors, and to establish criteria for sustainable investments. The partnership brings together ABG’s experience across all segments of the German real estate sector with Arabesque’s international ESG resources.

Ulrich Höller, Managing Partner at ABG Real Estate Group, will be represented on the Advisory Board of Arabesque Holding. Höller, said:

“Our partnership combines Arabesque’s global access to data, their strategic ESG resources and technological expertise with our real estate know-how, in order to further develop the concept of sustainability in real estate investments. For 2022, we are planning to launch a ‘Manage-to-ESG’ fund.The partnership is a key milestone in ABG’s sustainability strategy – both in our nationwide project development activities and in ABG Capital’s investments.”

Arabesque uses AI and Big Data to create transparency regarding the sustainability of businesses. Last year, the company developed ESG Book, a global data platform based on a mission to create ESG data as a public good, available to all companies, investors standard-setters and stakeholders, and supports the ten principles of the UN Global Compact, which encompass human rights, labor, environment, and anti-corruption.

Georg Kell, Chairman of the Supervisory Board of Arabesque Holding, said:

“Allocating capital to sustainable investments plays a decisive role in the real estate sector. Our new strategic partnership with ABG Real Estate Group is a key milestone for combining ABG’s in-depth knowledge of the real estate sector with Arabesque’s technology-focused approach to sustainability. The joint objective is to develop market-leading ESG solutions for the real estate sector, which make ESG integration transparent and scalable in order to meet fast-growing demand for sustainability in practice.”