02 Apr 2026

The conversation around Just Transition in UK real estate is gathering real pace. Following the successful delivery of three articles exploring what a Just Transition means for the sector (see here), and on the back of a well-attended roundtable hosted in partnership with Lloyds Corporate & Institutional - which brought together investors, asset owners, NGOs and industry bodies to explore how real estate can leverage the opportunities of the transition to net zero - one message came through clearly: the industry understands the principles, but is hungry for proof points.

That is exactly what we intend to provide. We are producing a fourth article in the series dedicated to case studies - real examples that show what a Just Transition looks like in practice, across different asset types, geographies and investment strategies.
We would be delighted to receive contributions from AREF members that fit any of the following:

  • Retrofit projects where decarbonisation has delivered measurable social benefit alongside financial returns
  • Place-based regeneration where Just Transition principles have shaped the investment thesis
  • Supply chain or procurement decisions that have created local employment or skills opportunities
  • Community energy or shared infrastructure models embedded within a real estate portfolio
  • Examples where Just Transition framing has influenced fund strategy or investor reporting

We also welcome case studies involving data centres where local communities have benefited - for example through subsidised energy provision or sustained local employment.

Cases can be contributed on a named or anonymised basis, and do not need to be fully documented - if you have something in progress or are unsure whether it qualifies, please do get in touch and we can discuss.

To submit a case study or find out more, please contact Rachel Portlock, Head of Research at [email protected].

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Rachel Portlock

Rachel Portlock

Head of Research, AREF

Rachel is responsible for working with a number of AREF committees, including the Research, Corporate Governance and ESG & Impact Investing Committees.

Previous to joining, Rachel worked as an independent investment management professional in real estate and prior to this she spent 11 years at Aviva Investors in the Real Estate Team as a Strategist and six years at Henderson Global Investors. 

Rachel has taken on a number of projects for AREF over the last few years, including the End of Fund Life Project, the Fund Structures Report, the History of AREF and also worked on the Open Ended Fund Pricing Project, in conjunction with INREV.