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The Impact of Environmental, Social and Governance (Esg) on Real Estate Investment: A Bibliometric Review

Author/s: Ain Farhana Jamaludin, Noorame Binti Mohd Foudzy

Date Published: 13/06/2025

Published in: Volume 29 - 2024 Issue 4 (pages - )

Abstract

This study aims to explore trends and patterns in ESG (Environmental, Social, and Governance) research within the real estate sector, focusing on ESG performance as a driver for enhancing real estate investments, which closely align with several Sustainable Development Goals (SDGs). The research employs a bibliometric analysis to synthesize and evaluate prior studies on ESG and real estate investment, analyzing publication trends, identifying key journals and contributing countries, and exploring emerging themes. The results show a notable increase in ESG-related research within the real estate investment sector over the past decade. Using tools like ScientoPy and VOSviewer, the analysis reveals a steady rise in publications, with key themes such as “sustainability” and “ESG” gaining prominence. The research emphasizes the importance of understanding ESG implementation for investors and stakeholders in the real estate market. The study’s findings highlight the need for further research into ESG’s long-term impact on real estate investments and the financial performance of firms. It provides valuable insights for policymakers and investors on integrating ESG factors into investment strategies, particularly as a risk management tool. By offering a comprehensive overview of ESG research trends in real estate investment, this study serves as a useful resource for managers, governments, investors, and regulators, emphasizing the need for interdisciplinary collaboration to further innovate ESG solutions and increase awareness.

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Keywords

Bibliometric Analysis - Esg (Environmental, Social, Governance) - Real Estate Investment - Sustainability

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