What is the minimum coverage for Scope 3 Category 15 Direct Real Estate Investments? Which asset class would a direct investment fall under?
For corporate loans to real estate, the coverage is 67% of base year activity (m2). However for real estate investments these would be considered as part of listed equity/bonds for listed REITs or in private equity for any private real estate firms. The coverage for the listed equity/bonds in real estate is 100%