MADISON INTERNATIONAL REALTY SIGNS UNITED NATIONS-SUPPORTED PRINCIPLES OF RESPONSIBLE INVESTMENT
NEW YORK, February 18, 2020 — Madison International Realty, a leading real estate private equity firm, announced that it has signed the United Nations-supported Principles of Responsible Investment (PRI). The PRI is a global network of investors committed to integrating environmental, social and governance (ESG) considerations into investment decisions and ownership policies.
“As the real estate industry strives to achieve greater sustainability, Madison’s philosophy involves working in tandem with owners and sponsors as an investment partner. Becoming a signatory of PRI reinforces our commitment as responsible investors and our dedication to the sustainability goals of the industry,” said Ronald M. Dickerman, Madison International Realty Founder and President.
The six Principles for Responsible Investment are a voluntary and aspirational set of investment principles that offer a menu of possible actions for incorporating ESG issues into investment practice. Developed by investors, the principles have attracted a global signatory base representing a majority of the world’s professionally managed investments.
Madison International Realty has recently appointed executives Diana Shieh and Michael Siefert as U.S. and European co-chairs of its ESG Committee leading initiatives globally across the firm. Madison is also a Founding Patron sponsor of the Pension Real Estate Association (PREA) Foundation. The Foundation was created by PREA, an association that serves the global institutional real estate investment industry, to further the interests and values of the institutional real estate investment community by advancing industrywide diversity and inclusion.
Madison International Realty specializes in acquiring partial ownership stakes, joint venture positions, and listed property shares in prime properties and portfolios in major markets in the US, UK and Europe.
About Madison International Realty
Madison International Realty (www.madisonint.com) is a leading liquidity provider to real estate investors worldwide. Madison provides equity capital for real estate owners and investors seeking to monetize embedded equity, to replace capital partners seeking an exit and to recapitalize balance sheets. The firm provides equity for recapitalizations, partner buyouts and capital infusions; and acquires joint venture, limited partner and co-investment interests as principals. Madison invests in secondary transactions and focuses solely on existing properties and portfolios in the U.S., U.K., and Europe. Madison has offices in New York, London, Luxembourg, Amsterdam and Frankfurt, where the firm operates under the name of Madison International Realty GmbH.
Madison International Realty
Michelle Manoff (US) Rubenstein Public Relations
Phone +1 212-805-3051