The returns generated from Realdania’s commercial investment portfolio form the foundation of our philanthropic activities and annual grants to projects across Denmark. Since 2020, Realdania has built a portfolio of mission-related investments—designed to deliver competitive financial returns while also supporting the philanthropic ambition to improve quality of life for all through the built environment.
Mission-related investments therefore bring together our philanthropic and commercial investment activities to create a double bottom line. In this way, mission-related investments integrate priorities from both our philanthropic strategy and our investment strategy.
Our mission-related investments are focused on advancing the built environment and accelerating the transition of the construction and real estate sectors. This includes areas such as circular economy, reduction of CO₂ emissions, energy renovation and increased efficiency in the property sector.
A double bottom line
The dual objective is ensured through a clear separation between the philanthropic assessment and the investment decision. Philanthropic approval is granted by the Executive Management in accordance with the principles for philanthropic grants, while the investment decision is made separately, based on the principles governing our investment activities.
The strategic framework for mission-related investments is rooted in Realdania’s philanthropic strategy, which is structured around three core agendas that define our overall ambitions.
The Impact of Mission-Related Investments in 2025
Realdania has achieved its strategic objective of allocating five per cent of its commercial investment portfolio to mission-related investments. The 2025 MRI impact report highlights how these investments have contributed to avoiding the emission of 75,480 tonnes of CO₂, significantly reducing energy consumption, and diverting 24,000 tonnes of waste from landfill.
During 2025, Realdania completed five new investments, bringing the total portfolio to 24 mission-related investments. The report reviews and assesses the investments in the portfolio, including their contribution through concrete and measurable results.
This marks the fourth year that Realdania has reported on the impact of its mission-related investments. The impact measurement framework has been developed in collaboration with The Footprint Firm. The framework is based on internationally recognized standards and methodologies, and impact is therefore defined in accordance with the EU Taxonomy for climate and environmental sustainability as well as social sustainability.