Real estate responsible property investing

Real estate

Responsible Property Investing

Striving for positive financial, environmental, social, and governance (ESG) outcomes.

Read our sustainability report (PDF)

Sustainable investing approach

Through our commitment to responsible property investing and strong governance practices, we seek to invest in and lend on real estate that delivers positive financial and ESG outcomes for all stakeholders while promoting health and wellbeing for tenants and residents, minimizing environmental impacts, and enhancing the communities where we invest.

Principal Real Estate is recognized globally as a leader in sustainable investing.

Longstanding commitment to corporate stewardship and responsible property investing.

Holistic approach to ESG integrated throughout the property investment life cycle for private equity and private debt.

Net zero carbon commitment by 2050.

Proprietary ESG scoring for public equity investments and ESG risk underwriting for public debt investments.

Pillars of Responsible Property Investing (PRPI)

Sustainable investment signatories and recognition

Signatory to the Principles for Responsible Investment since 2010.

GRESB 5-Star rating (2025) European Core strategy, 2nd consecutive year European Office strategy, 2nd consecutive year

The Firm paid GRESB an application fee to be evaluated and use the rating.

ENERGY STAR Partner of the Year, 2016-2024Sustained Excellence, 2018-2024

Gold recognition Three consecutive awards, 2017, 2020, 2023

Sustainability profiles

601 New Jersey (PDF)

1290 Broadway (PDF)

Amerex Energy Services (PDF)

Bay Center Offices (PDF)

Burbank Empire Center (PDF)

Courts at Spring Mill Station (PDF)

Driving excellence throughout COVID (PDF)

EDIT (PDF)

Indeed Tower (PDF)

Inspire Fremont (PDF)

Park Place (PDF)

Piedmont Town Center (PDF)

Spectator (PDF)

Texas Lighting Campaign (PDF)

Union Station (PDF)

Responsible Property Investing policies

Principal Real Estate sustainability policy and guidelines (PDF)

Our dedicated real estate sustainability team

Principal Real Estate

Our experienced investment teams provide comprehensive, specialized, and sustainable capabilities across all four quadrants of commercial real estate—public equity, private equity, public debt, and private debt—and more recently, infrastructure investing. Whatever real estate strategy or combination of strategies you believe is right for your objectives, we can help.

Learn more about Principal Real Estate

Kelsey Gehrke

3 years of experience

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As recognized by 2025 Global Real Estate Sustainability Benchmark (GRESB) assessments representing data from 1 January 2024 to 31 December 2024. 5-star rating reflects top 20% worldwide performance. In order to receive a ranking, the Firm paid GRESB an application fee to be evaluated and use the ranking. ENERGY STAR: Partner of the Year 2016-2024, Sustained Excellence 2018-2024. Energy Star, 2024 Energy Star Partner of the Year, awarded to Principal Real Estate Investors. Each year, the EPA honors organizations that have made outstanding contributions to protecting the environment through energy efficiency. March 2024, U.S. Environmental Protection Agency.

For private equity discretionary open-end funds. There is no guarantee that the net zero commitment will be achieved.

2025 Global Real Estate Sustainability Benchmark (GRESB) assessments representing data from 1 January 2024 to 31 December 2024. 5-star rating reflects top 20% worldwide performance.

Energy Star, 2024 Energy Star Partner of the Year, awarded to Principal Real Estate Investors. Each year, the EPA honors organizations that have made outstanding contributions to protecting the environment through energy efficiency. March 2024, U.S. Environmental Protection Agency.

IMT and the U.S. Department of Energy's Better Building Alliance awards landlords and tenants who incorporate green leasing to drive high-performance and healthy buildings. Each award is valid for 3 years. Visit Green Lease Leaders for more information.

Past performance does not guarantee future results.

Third party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client's evaluation.

ESG criteria may present additional advantages or risks and does not protect against market risks or volatility. You should not make any investment assumptions based solely on the information contained herein. There is no assurance that nay ESG component in our investing strategy will be successful.

ESG integration is considered across all actively managed asset classes, with the approach determined by each investment group’s process. This information is specific to the strategies managed by the individuals providing this content and various investment teams across Principal may have differing views of this approach.

Principal Real Estate is a trade name of Principal Real Estate Investors, LLC, an affiliate of Principal Global Investors.

Footnotes