ABG enters into ESG partnership with fintech firm Arabesque


ABG Real Estate Group has entered into a strategic partnership with, and acquired a minority stake in, Arabesque Holding, an international financial technology provider.


The two companies are pooling their expertise in order to expedite the key concept of environmental, social and government (ESG) aspects in the construction and real estate sector together with construction company Goldbeck, which has already invested, and to establish objective criteria for sustainable investments.

The partnership brings together ABG’s long-standing experience across all segments of the German real estate sector with the international ESG resources offered by Arabesque.
Ulrich Höller, managing partner at ABG Real Estate Group, will be represented on the advisory board of Arabesque Holding.

Said Höller: '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 artificial intelligence and Big Data to create transparency regarding the sustainability of businesses. At the end of 2021, for example, Arabesque introduced ESG Book, a global data platform launched in cooperation with international institutions such as the UN Global Compact.

ABG is a signatory to the UN Principles for Responsible Investment (UN PRI), and a member of a number of sustainability initiatives in the real estate industry including ECORE (ESG Circle of Real Estate), the German Society for Sustainable Construction (DGNB), and the German Institute for Urban Architecture (Deutsches Institut für Stadtbaukunst).

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.'