Intercontinental Real Estate Corporation, together with its affiliated companies (“Intercontinental”), invests in, develops, owns, and operates commercial real estate properties throughout the United States. Intercontinental property types include office, multifamily, industrial, retail, healthcare, hotel and senior living, in aggregate comprising more than 28 million square feet across 22 states.
We are proud of Intercontinental’s history in the real estate industry, dating back to 1959, and of its track record of using domain experience and knowledge to seek to create value for investors. Our primary objective is to maximize the financial return of Intercontinental investors. We believe that environmental, social, and corporate governance (“ESG”) issues may affect the performance of our investments and we strive to adhere to high ESG standards.
Our policy is to conduct business in accordance with applicable environmental laws and government directives. Many Intercontinental buildings carry third-party certifications such as LEED or Energy Star. Nevertheless, we seek positive changes in the environmental profile of a building during Intercontinental’s ownership, as opposed to focusing exclusively on buildings with certifications at the time of acquisition. We believe that metrics, targets, transparency and a commitment to continuous learning are among the critical ingredients to achieving these goals over the long term.
We influence, where possible, the behavior of tenants, property managers, joint-venture partners and other Intercontinental stakeholders to align with our ESG goals. We have established and maintain a Responsible Contractor Policy to support fair wages and safe work environments. As an employer, we provide substantial resources to Intercontinental employees for training and development. We seek to maintain a safe, healthy, professional and fun work place. We learn about employee fulfillment and engagement through surveys and seek recognition by respected industry sources for being an excellent employer. We strive for positive social impact in the communities in which Intercontinental operates, for example through the philanthropic commitments of Intercontinental Charities (established in 2007).
An SEC registrant since 1999, Intercontinental maintains a strong compliance environment. Intercontinental is an equal employment opportunity employer, guided by capabilities and qualifications without discrimination against any employee or applicant related to race, color, religion, creed, sex, pregnancy, sexual orientation, gender identity and gender expression, transgender status, national origin, age, physical or mental disability, gender information or any other characteristic protected by law. Intercontinental’s high governance standards are reflected in the Employee Handbook, Code of Ethics, and Compliance Manual, together providing employees with policies in critical areas such as non-discrimination, anti-harassment, anti-corruption, anti-money laundering, conflicts of interest, political contributions and cybersecurity. Additionally, Intercontinental provides regular, on-going training to all employees in these areas. Finally Intercontinental’s governance is supported through executive committee, investment committee, and advisory board structures.
Intercontinental is dedicated to the implementation of these objective and reviews and updates them at least annually. Last update 2020.
This is not an offer to buy or sell any financial instrument and does not constitute a recommendation of any strategy or product for a particular investor.