The growth of secondary private equity markets and the rise of evergreen funds are transforming how real estate assets are valued. Now, it's not environmental intentions, but measurable evidence—traceable, certifiable, and legally binding—that guarantees long-term liquidity. ARKORIS deciphers the implications for developers and property companies.
1. A financial paradigm shift
- The secondary market for private equity is now worth more than $160 billion – and is growing rapidly.
- It is becoming a strategic tool for investors, not a niche or adjustment market.
- The quality of ESG underlying assets has become an entry condition for Article 8 or 9 funds.
- A real estate asset that does not prove its environmental performance is out of the running.
2. The limitations of self-declared labels and non-certified approaches
- HQE, BREEAM or internal labels are sometimes perceived as sufficient.
- But for long-term funds, what matters is the independence and enforceability of the assessment: A certified biodiversity score (Effinature, IRICE) A structured thermal and fluid audit (ARKEMEP) A controlled environmental compliance trajectory (ARKENOR)
- A certified biodiversity score (Effinature, IRICE)
- A thermal and structured fluid audit (ARKEMEP)
- A controlled environmental compliance trajectory (ARKENOR)
3. What evergreen funds are now looking for
- Technical predictability: no uncertainties regarding energy performance, water management or acoustics.
- Ecological readability: not just a narrative, but a measurement grid.
- Auditable compliance: ability to meet the requirements of internal audits, SFDR labels, green taxonomy.
4. The ARKORIS response: combining engineering, project management assistance, and certification
ARKEMEP: thermal, acoustic, and fluid structure – without overpromising
ARKENOR: Environmental project management assistance, ecology, HQE/BDM certifications
IRICE: independent biodiversity certification (Effinature, BPS)
Together, these building blocks form a credible foundation for the ESG real estate asset of tomorrow.
Conclusion
In a structured secondary market, ESG investments are no longer sold without proof. ARKORIS establishes this proof at the very foundation of the project, to prevent it from being disqualified ten years later.