Investing differently in real estate: Understanding new strategic imperatives in post-covid context at Aquila Am

This report investigates how asset management practices in the real estate sector have evolved in response to post-pandemic challenges and ESG imperatives. Based on a five-month experience at Aquila Asset Management, the analysis focuses on the growing influence of ESG criteria, evolving regulatory frameworks, and the operational role of local teams. It bridges academic concepts in finance and investment with practical challenges faced by asset managers adapting to stricter compliance requirements and shifting investor expectations. The report highlights a broader industry trend: a transition from passive, income-focused strategies to more agile, data-informed, and sustainable-driven asset management practices across the European real estate market.