ESG - Governance & Social in der Immobilien - Branche

ESG - Governance & Social in der Immobilien - Branche

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ESG, ESG, ESG - drei Buchstaben wühlen eine ganze Branche auf und beschäftigen Expert:innen auf allen Ebenen. Sowohl Neubau als auch Bestand sind von der EU-Taxonomie betroffen.

Das E ist klar, aber was heißt Governance und Social? Was bedeutet das für Transparenz und Diversität in der Branche? Sowohl für die Unternehmen als auch für neue Projekte? Welche Maßnahmen müssen gesetzt werden? 

ESG ist gekommen, um zu bleiben. Betrachtet man die vergangenen 24 Monate, so lässt sich feststellen, dass das Kürzel ESG immer stärker in den Medien auftaucht. Es betrifft natürlich besonders stark den Immobilienmarkt. 
 
ESG greift de facto in alle Bereiche der Immobilienwirtschaft ein. Zentrale Themen wie Nachhaltigkeit und Klimaschutz bestimmen die öffentliche Debatte schon seit längerer Zeit, haben sich aber nur sehr mittelbar, vor allem über die Betrachtung der Bewirtschaftungskosten und in überschaubarem Ausmaß in konkreten Veränderungen des Nutzer- und Investorenverhaltens niedergeschlagen. Das hat sich mittlerweile im Hinblick auf die gewaltigen Energiekostensteigerungen für beide Seiten geändert, denn es ist nicht mehr von untergeordneter Bedeutung, wie viel Energie verbraucht wird. Das beschleunigt die Entwicklung.
 
Außerdem ist die EU-Taxonomie ein wichtiger Treiber der Entwicklung. ESG wird damit – zumindest, was das Environment betrifft – auch aus ganz realen und aktuellen Gründen zu einem bestimmenden Investitionsmoment. Investoren sind sich der Thematik jedenfalls zunehmend bewusst – gerade auch im Hinblick auf die langfristige Handelbarkeit einer Immobilie. Konsequent nach ESG-Kriterien neu errichtete Objekte genießen damit schon jetzt einen deutlichen Bonus, und viele institutionelle Investoren werden ihr Portfolio sukzessive entsprechend umgestalten.
 
Es zeigt sich in den vergangenen Jahren, dass sich bei den institutionellen Investoren zuerst eine ideelle Regulatorik etablieren wird, die sich zu einer festen Regulatorik entwickeln wird. Das Bewusstsein für „S“ (Social) und „G“ (Governance) bildet sich erst sukzessive. Die Taxonomie-Verordnung der EU – also die legistische Grundlage der ESG-Regelungen – bleibt noch konkrete, harte Bewertungskriterien schuldig. Die am Markt verfügbaren Zertifikate orientieren sich nach wie vor sehr stark am Environment. Die Expertinnen und Experten sind überzeugt, dass die kundigen Investoren sehr bald ihr Hauptaugenmerk auf die grundlegenden Themen der EU-Taxonomie legen werden, anstatt ausschließlich Zertifizierungen anzustreben. 
 
Während Environment bereits stark forciert wird, haben die Bereiche Social und Governance noch nicht so eine Priorität. Es wird aber von immer mehr Unternehmen versucht, diese intern umzusetzen. Bei vielen Parametern müssen die Unternehmen noch Unschärfen in Kauf nehmen. Das Ziel wird es sein, im Laufe der kommenden Jahre die Unschärfen zu verkleinern und zu einer konkreten und fassbaren Regulatorik beizutragen. 

Transkript

0:00 Right here. Yeah ever it's calculate to immolifs and discussions from

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1:23 the political also flag a v-shots met governance on social then is Chance strong see up to say Opera a chanting up to Second as deep and gets the snakes this common. on tomato fiction on the podium because parents to cast ever a shower head of ESG, but tpr hello. Hello version and ahmedak. After Camp the fox keychefstroom in the ihael immobilian, baby atung. Funeral Home Hello welcome. Hello, Mark.

2:04 Hello, Susan of Amir. The important to ask viva's email market and uncleanan Status book him and an Uber public this era that I shot on downwards and discuss as a man of the discussion meetment on civilians keep trying and passier control. Yes All Star Ocean can escape namiko and and stretch shifted here that the central immobilian horses into Iceland on the tips about outside Liberty. owned domestic ever beaten a decent

2:46 on suicides social and governance really visit us exactly in the next moon of the states offense to come and yet And for them for what I'm going to find his States take them they are fintang. All right, is it so eske um trap bookstore onions. These are Target is a walking on different area machine shifting in the home set someone in the impact on who has the spirits have been if environmental umbrella team and the shifting tones and field front Alice actions. Yeah intensive. Thank you. It's not this

3:27 is for social names. Last Stones epistle a classic uterine where he would demon is she demon a school said she keeps up to heaven. You said that to Sean who come then this is so this T4. Yeah, this journey of the Indus keep the taxonomy Venus when your moment and from the taxonomy rate and Main and we're actually you will taxonomy Wells actual also the whom will talk. Some of me. This is like this euptec care of it and keep song. Yeah in case for Africa, I'm Sparkle. He's thick taxonomy momentum. That's okay. I'll

4:09 talk to me Vietnam with recently. We need to listen this in Bruce who isn't least because they mukreina Creek said let's yeah who doesn't miss me. They sell niched in them. I was my sweet mankind him so much better you seeing what so partly everywhere. It's a concrete and Kernan we are not to reach our Rivers breaking over the weekend and many different our skin destination the next Volcom and Vietnamese mood Martin. That has standard taxonomy Sheena keeps moment down. He system is for social

4:51 leading give you some minimum credit. My Elvis present can detox on me. The eigenetics act and Uber taxonomies is since system is anger height than one the internet and we can really clean and uniform Africa guns and for a parking intimacy, and he said on Twitter ski is that moment and it's better for a casino and that the restima does over besondas relevantes is different than a hearty cats very stoppedo as soon there's not

5:32 yet. But soon as a question and spirits too much wound up Tim yards whereas in swimsuit against Time was me as Transit million and have them Neptune said solution with me as fit six million. It seems less than me. Yes. It's 56 day harm as a unit. It's very fun decent record. They are in a food or to another healthy Cat spirit are starting for police station on Toronto and a recently whom fungiation essay. Yes. No Furious. Yeah and on transitional transcript

6:12 The person not yet on course, not the name and the unapped by fiontransic and unfunction Bridge the starting machine the deonto name and DD for having internet record during a full Optimum yards sweaters and traffic but who missed us in teams to summon angles that wireless time Ki and swells standard scheme weird es on Tree on for this world and that's better if food standards the unveil Taman won't be under and the immense and I'll get many payment between an old governance demon. Yeah. This has

6:53 in decent Susan seen the event not the name and first system Aid them is ontem key to Whitman and alities particularly understand that's the fullness comments to do something to regulatory Center. It was super tanked as well. So I'm clicking the two content be to the hormones here in the state level October Auto November owns two cars on to with the whole sixth grade back home on now here constant Eastern gigabontushknap. Astrid ESG begins with

7:34 the S on G was very hard to happen in the pedial to computers free station and easterned in Clinton and vegetable Simpson. They are more commercial. Now I am a commercial bit said they always think links for River. Um, I will make what's the time? Species on my contestation thematic now how the kids thematic U Street thematic why you can read to begin? We just English flag and some good from covid stack it would take. Oh, yes must have a SSR just

8:15 pregnancy take it in two minutes in. Yes, the linear testima. There are stragging from Corsten on the since it was your own mask every single. Yeah came and even second moment. I'm teacher. Um, that's the thoughts movements are it's a cloud as a momentic who spree supplies. in a regional gate must if your Institutional Investor 1K agnot saying soil is ESG such as percent indicate

8:56 and transmute against one of the Motorola mechanic men protect our inspiration, um positive near um to them Tema meet the same as a b is cheated the phones in the baby after Mouse and competition is aspect of petone. You could ask the same day. It's neat in teams is is key expert order. Ed it on the taxonomy vehicle Was we were shown is for free to have sorts of

9:39 Internet billions of starting here. So happen. There's even understood my sword and it really almost alone and you die. It's Indian and Conan for being and reasons also sorry. Amen. It's the yeah films like Um, what's it's particularly thin angels of the periato in scene the Vietnam road map, which is pretty snow.

10:19 Unmarking one of Maintenance to me that's where to even secrets you get this. Let's listen to differentiation. They just They Asus pressure and this Industries again that they think citation. Yeah, as a Jewish way out. This is only yet to petrasten on the captives the spirit and let's see of this good after Vida. Yeah, I'm sure she didn't stay home because

10:59 the train connection to some food in the act and Kernan. Symptoms as a beautiful Fitness yet to me in this demon of us may not see it in anaphase here this descriptive as a special Raven. We're seeing this feeling the art and deviations here. And strains are relevance in new ESG team and our behaven. It's not okay and again time and the hunt or the other weekly hearted f****** containing your crazy food didn't expect concrete face-making.

11:40 Astrid Superstar velocity assistive reality the evil hospitals in their pediately with the reality. This has taken a truly him. Oh big on Dick Mercedes and markets Fargo in the Escape as a it's we haven't said he is she approaches that is tomorrow hits yet. If it's Young and the entirely here or the feeling does also the city. Rather. Welcome. Be sure to stand to those.

12:21 Mind sneaked set at it's you added. This means about this give the utership isn't writing platform. Yeah. on the lighter just doesn't here look like I lost interest he had once I'm causing stability game. Would a regular activity game. not the interested terms of other let's English. Medium expect them. He better taxable me just move list when I reactive reason.

13:02 And narrating platform is leaving. And under Benchmark, and it was the outside scene. Is this in diesel looker details? Actually Club gas guns feel pretty bad word shopping online rating system. The abundition did the next thing that I pass it. Yeah and Does that that's good? So so Lotus actually this builds. Oh, yeah, so he is by mine couldn't drive as a decipment is game manager We Begin

13:43 platform right lesson. on the energy invest in dolphin Who owns and couldn't believe banking does name via what channels are best and down? Yeah, that's kind of our minus our students nishito tractor against the star of like if I can still be offered us just started on us. It's not confident contest location and highly understand that. 40 yeah But he

14:23 had the outside in mind. we acting there just just as gay gun School in management if yeah. Azuda, that keeps that the team I can also be balancing be in the chapter what that declared with Discretions. I see how just this table wouldn't have to operating bars. So really the outside and can't Dada is that is the biggest booster computers fittest team Anistar you in environment and some social and governance provider the X and the Woodman development of

15:04 fact It just might in there. We have to feel spend a name that taxonomy after party buses. That's one bus house. Does this big picture nishas on and that's what comes after Steamer does this ratings? And he have powerful in ministry here guys. This isn't funganic Eclipse because in global plan of water, but like Dhab air does TMR this decision of any good here. We just undone of

15:47 vinegar in the truck of the Productions and Investments outside extreme of the unformal iagles and couldn't they again the income now that is not 18 critician does not script is rating we have ice and then the oldest yeah, that's highest. I inclusive Martin. has evergreen cycle but the deathly female of the undiser by being put On this I keep this in charge. Mm-hmm. This has it's weird when folkies and women and peace and we were dream that Eva. This

16:28 is noodles. We visit an under is this in the voted on right? There is immobilian a truly Quantum entertainment about these suspect under Industries vague is the essential entertainment. Yeah, as if the second Investments Mark with Angus Warner, well if there's 50th president.

17:40 If you have added our file for Anne Hadley human on standard this year may not invited since yeah, and Fields won't auction. Anchor tax it for the next era Osman. I see really Heavenly expression understand a complete the homogeneous you can keep the room. Well, then if you don't forget to cover people and serum National internet, so great things to get to present and Savage. Abby has gross a concien. Oh best standard don't pushed by movies and utterly his credit rating on. We'll lose Canada hitching discussion and

18:20 us well with us at yatane. Okay bones in so goldfish starting. If you couldn't see under Isaacson sticky on the name and can also Beaver this country of the middle stand to speaking better Direction credit where I'm on Paramus Direction cars for Village this calculating hot on this specific Mark, and others was two sacks with the name and Martin Luther King Sherry picking order Newton. There's something he based least to present here not on steal this and then for what I want to listen to thief and past international team hungry.

19:08 I just preached over and this is where many are things particularly. Thank you. Through the engine between that the video again soon Mark to Huskies act open. These could yield only took answer and get common on the hammer came for English pay can be disrupted deportation demo billion vehicles applicability. I believe that is on the gate a field so happy and it's against my baby a social governance, right? They have the fields of people. I'm meeting under Commodus Susan. Just as a governance sound. Yeah, definitely teeth. Yeah, he might

19:50 have more and showing his dead side without these delats and simpler. It's in the other in the beginning. Wow, a scalpine Australia, but it's a battle bus stand in the house comes all other is like, my name is viklo, but this would I wouldn't right there have done my start he could just about I was mine against kazoo, Michigan. Yeah, is this this denied the Spanish now? Hi design and let's English. This is dust was plus. Yeah my Liverpool League of World Cup conditioning's saying what's

20:33 in the Standish Clinic the missing partnership here or the missing in all about what session evens it. What's the only didn't it was one? Not as much now, I didn't projectiles but doesn't there minus map is enough to give these of us for watching guys feel by spill enough right in the righteousness. Yeah, he doesn't Location in batenque es musen Esther s*** demand of Eva IMO in the

21:14 immobility of Cynthia partnership simile immobilian Village of Partnerships here ice in under in Industry train. As of America classic Woods Grand bling in the concrete image along since he visited two crafting stand. That's upkeeping. Let's see. Thank you start by eskwazi. Um egg and Abbott's craft is Kristen like that folks get the escarom petrophone again Manchester on this kid, um for brochure notes and forth on the capability. Let's band team and phone is on Short from decent is Ashland. That's crazy. Petrofenaca mainshaw

21:56 effective communities decision has done. This was the IMO billion communities, they called and been enough for shafts community and people give my interest only got to keep the kids have done this off to read up to being not to miss. Where's my own fighting best kids from home garage? In history Mark, you know, so we must test for Borough. However, I made affect them notes for when he had a kumut on the meet the capacity to skiploeted and they keep scans really

22:38 offering abusion feel perceived on the wake up with immobilian approach. It was a conceptually see as a good onto the exist on gets kids are fracturing. There's a schemic and to talk on this are inspiration and seeing such as an owned up to be. Yeah as a good tasking expenses can also feel actually the projects in Philly on the name and with some give us if it's you don't have songs here only hits yet. If it's your room in the Archer good they are asking people off to sets and capacities these standards in better for kids. Eva tanke answered towards must know some

23:20 good sign or they hope everything is needs to bed from Tema Optical Institution. Not in deeply comfortable. They have to move transports the steamer entering and was the good amount of meeting residence and labors union as a yes in your office including and that's what it was too tall. yeah, so this that hostname and Wrima Abba. The steamer inside is keepcina spoke to it a few candy Fork office. It's two gets them idea in class. It's tap provoking formulate. Yeah,

24:00 the date we have comment is to be unfortunately. It's fun from that noise timatima. It's it yet of name so that document Ian moose this time and fast and sword about a seat man. And these are all right the scene does he? As an old house. It was get hundred was about a woman on this device. I'm into this targets. These are opened up between Vietnam therefore

24:40 Viet buddies and some teeth this vehicle. We just saying on immersion of it was all kind against what I'm working from here like who made a Quito The market can see his head of asset management. Let's continue. Well as

25:28 so good girl of this mostly Enron as a Merced Sean Eclipse team Osteen has the yeti Casita song and he had driver saying come in in this in some transformational protests. us here just Yeah. Yeah, but yeah, boom line omobus oxide does drove him and Frankie Soccerway. He environment easier in the next yarn on Friday members. Let's get extreme

26:10 anger treatment one and Astrid was coated then s on Chi Amtrak in the next and said the social treatment. That's your auction. Their mother said some time after the meter better now don't even know. Yeah, it's a definite if it's not really yeah transport system. This is cons weekly and yeah this video please

26:55 then Etc made it. feels is this I and Hebrews his assets of something incident within team literally does it hear the movie can't have change present a matter to entreating on so on and even in French beautiful of beated 30% victim the governor Soviet mind to Consulting and intima so indement services Yeah, yeah in the north. Yeah whenever you put

27:35 the steam of you. To all if you own yourself and slack. What's this this in the median? They need to listen as of the web musi sign this beauty Clovis East Africa Italiano animal accessibility in the Indian postage on and offendencies on and such. Thank you Mark. It's as two years after Cherry Peak human into town. So also this above a social muslimately son.

28:15 Sovietski Mentor that it show them here. Isn't she on the city today on those clubs too was currently in the next set the social better Cafe. of governance Is estimated sukhe? it's lower but the metaboliters divert different uphing. Thus the evaling montanium even Lita buy it and guitar Python and unfair beat it. Yeah, so

28:56 human --? Just detects you won't see any more alive of the steamer environmental lab and I'm entered since actually our constructs are immersed in mentioned in the middle portion this demon unfair in English that you missed information. the mythiloid again in this boy not on his responsible and would and it is the industry yet shown this then install gate has only a global

29:38 corporate will boiler the inflation and Twitter must. Yeah, but I was the global corporates. It's time as in who was time, um made up in eager of these people who when I was here. New item sign is condemars. Uber technical domain School Twitter that's making that

30:18 set if it's your dark state. In blood that's that's good here, man. Still need this with an economy detect if it's you and see you behold bail and for the reality and hold the Uber hold there's no such. Okay social governance being here for Canada. Also each Muslim counters, which was in English. Um, you are finished and artistic job. cannot just Define the social taxonomy that comment the governance tax only advising devices

31:00 comment about us with masking petition. Does it does with masking please sign your lawyer about can if you Feel good for that. Let's teach it. It's your Emma in a good listener advice again flight musmanability set if it's your one. Underpassed and is an oil label that he which look but unpassing but that's great mindset is on Instagram and Mark donkey the other smitten or today immobilian common vernog to have automatic. It's on the evil that the front to have to

31:40 be made is moved into the name and do the hit for Speed the meter by the common and a reason they may is not really him completely soon that so algae mindsagi hits tomorrow on either clubs to the stick is soon that in too comfortable social science yet on development. Thank you students. Yeah, I thought I he knows well the standards of the its Twitter common was deleting their class in the final. Yes, even for what even in Union formal act up the Signet entice the steam accounts Catherine

32:21 and as a and cancer standard, I don't know everybody their own workers would think you know, so he came and upkeeping it health and safety is antimatter the phone, you know, also we diversity to attrina is we okay. He learned his social protection as a that's East Africa build it on this from the person not yet. Not the name Anderson appearance frantic answer went on from Ocean little star football. Is this August and then this via so meet our wayless and get tucked at this. Yeah on the steamer.

33:02 Weird see nothing in a better and standard classy the abbots grafted length of virtual from skate their applicability scene beautif. So heontanement into the person who did Crossing daughter how it turned up 120 closing me to stand. So here proactive Health. It's Banks resident with per shifting Wilson for beam call from season. Would that thesis on the name and this architect in the future as the this field automatician and I can't react soon the two this month if decent payment moose vein man social name and they might receptor. So I just don't even Associated stakehold

33:43 the grass had some vegetables koifa, but it makes you soon that is Ankit acted. Yeah. I'm in effect. Remember this is From day here. So this the market method moves to your able small conversation of iron as inside. The concept is actually very meter pathology Center Mondays as I get better. It's like it's more portable device escape the map of pizza also in Sofia ultimate a faster for our skin is it's for any doctor this moves for this workout event. I was going to Google send us when doctors as any faircraft absolutely don't this is absolute

34:23 scene for remember this Mark well, but Amit. Kavasi Tim constant for work left. So some work difficult in with the office Avid even really attractive is one time name of this a full Western inventor of folk is actually human. I'm so sweetness. Yeah. This is crazy attractivity and you know, Thank you attractivocation Astrid 14 what? Some statement from the from the if and

35:04 of against that's actually was an understate even not high ticket spiritual Mechanics open or two physically concerned and vacant by Emma concern for fishtail views. It's many many accounts. That's one. This is your feelings from tipped in an event done. Yes inspiration two ordinand can of a king. That's my Englishman who are picking up here saying this with my feelings. So sign on this is again this positive and this

35:44 is the first talk to you my system of each one is this has to match the team at chantarasin abigailment even before sukumusinary to Summons of fun or the enlisting digital land. You know. Let's just 24 he came. He's my Akin doesn't matter what I'm tired from dating East. Don't forget anything put in. After Tanki content with anaphagen of

36:25 today are they able to visit concern invite quits notice of the strangestate sector doesn't get an answer. They're not the name and Via youngboy that I cannot ask for normative with us. Yeah. That's what I said. It's done. In fact yeast won't this is the other book the camera recently here notes and better enhancement. Is that better come down with? Oh I comment here nor the best account becoming queenstikalmer of Mia Gale tennis on this camera. I am November theme was my classy a tallest man artifacturer. Thank you. Foodie Again song Astrid the

37:05 added yields teams Leicester or the spirit or not been marked on frog where it deals teams placed our first direct temperature of Social and governance intervalt. Yeah, the human team. Is it this this my ass on team and of course the right pushed up just you for Spanish and yeah, even if you don't steam and we use this team spoke to yet.

37:48 Don't get become this. I thought I positive lesbians that I still inspiration. So of course itunian Kernan when really is this films are too config not as we are in the right up to date Prime and that's actually some of the Old Trafford and they must dance this formula and Mm-hmm, but it's related to the unfulstraking workmanship over. Even if I just take cut the case don't even with immacula 50 is a steamer relevant.

38:28 We had information of not done yet of heartbeaten when we are inspiration. Um, I'm committed now to enemy on inspiration that seriously donkey Mark we used to store actually makes kinda in the sooner range on the kitchen words and for social governance betrayed. As a huge premieres that yeah and does its inspiration by air conditioner. But here woman Donna Shout by that's an imahat a mess button this young Workshop the kite

39:10 technical license. We had competence house Maham went to the Tim and you forget in the next the answer Minister took right in there, which don't reinvert by yet Zinda in I just eat this stuff as of this game. Thus we are about to say this we're enough again right once it doesn't matter I guess.

39:51 that's Tuna. Awesome. It's here highest. That's not least. Yeah, but I come and off. There's a few time of the designer. The other two money accountants other via's insights that yeah. Middles and guns and I just wouldn't be of track ever did as mechanical around time. The emotionless organization this enhance having us under that isn't of the mentioned part of weeks and the sheds and there's a pillar of star

40:32 giver and just the smart head off and the house understanding about why not sign up push dance school data sets and be common height. So work disease, Montana. Mark tankettes while I'm in the original project and Super Donkey and timah is most the two the Eva on the Astrid father by concern. All of us to Tucson. Morgan is the built from dark as soon ji unclick. The restroom is a tradition teamer on immersive

41:14 Technologies could be the same workish patient listening to harm Astrid essential. It's invisible the name of the season for Um, yeah, is it after he took us actually often? This was the market erotic is acted. These are these are reactant equal to within the name and leave the speaker in the evening of in one side. Thank you despacito me instantly

41:58 that that um the diseases they meet them for our own Target. Yes for me here. Got to thank goodness. They have just need back a normal transmission is and it's negative but often things. I'm sorry many may not get in that way. It's Fairfield Mass here. As I ended off the harbor see if this is on us are

42:40 still back tomorrow. Well in unlim and of course notifications team of this. Yeah last place anything too. This is me from links to see. Minus the sheets, right? It was about the same points listed to to break on the calculator. It must Doesn't mean it often an option here. I will

43:23 see see this too many countries here lane behind the same Fergus play can be sent this continent on this is the hunger fish spoken as this skip is our sort of problems including music at now is talk. There's so many six five first game than talk Mia Richton kindercane order of the kind. I'll say I'll stick here as he said to disorders miracle in in the exchangeable options from Tunisia as for you a club the market of this art is Eastern in the name of so, then the App

44:03 Store we can Team off their eyeball by The Who at seeing the Elton Tyler scene when they start safely here, so it's probably he may not holds them here. I'll bet no the Mia in the Albertsons for this. Have the phone and piston on skill. I got weird. It's like a summer housefired kingdoms of actor montastic. I can immunity and autismarados to come in. yeah, just as of the default isn't right in our vehicle about Vegas guys. Thank these standing kind of these food as it's minor problem Foods he

44:43 had in that in the Bank of them are bad sleep and allows to loosen on that flashlight only beforehand. So it's okay. These are is a good time machine of anytime currents about 50 steps first, then he cried in the Articles Zone and in job so can fish there are Its liked it took off me and mine and kinda. On the street has cancer composition of the star Imam was there. Conservative thing muster for us. Yeah, because it's Minister he had

45:25 needed. Diffracted here. Nothing woman in the idea of what's work here so and polite and and The stats he's done my game them and how the house had not about here mark thank you for dinner. And Jason evil. Peter is unchi untie clay exploring. Okay, he can be then bad lunch. Listen from the University asked. Okay shielded garbage can

46:06 garnish Cano cruel models give the answer. Thank you my least blank interfang version with this brief during the f****** and spoken that's under fuzzy Forum game concept if you get home sets remember important to Luke Bryan and so to es on tree we exact and then this is Dima Alison is we don't always remember diversity quit diversity, but applicable from for train their own age collect against the world and they must conceptually I

46:49 just Um in the teal set some green eyes are the steam. Okay hard stock doing this done classic recently Mia transparency. He is a demon made out of vinegar of situation this you know, so we've done nothing my human rights and human rights are Uno were awesome. First year only Intimates. You wanted to change on each knocking our skin all have to build since good to come see I feel transparents and the chain that the Matrix who Alliance alamit the better and not meet the better. I still know how much fatal in top

47:31 management was us classic transparency. Skip song won't get fat to decide in or surveys. This is too strong tea image the long Titan. Eva Duncan is moved its the stimulog commercial complete vehicle as of he is essenti laptop dually Alberta Market session English spoken essential immobilia on the young gamer vividman Wittmann social midsocial in the antenna immobilia of Arun Kernan on so, it's Nick meet socialism social interior cells.

48:15 mark yeah, that's nice and stuff busy passageway and to Islam with us a nice michelobics been musician just to cook fish the immob guns under script then most. Yeah. On then unfold along the rest of them instruments in the middle point. So that's just a club by what's the stick Pub? And this is the spirit of Allah and asset class in the right. He might know about

48:57 shopping center he comment Sebastian does this industry will be in would us than completed not so I'll see in bed. Is he gets it does not English? Yeah, man, must health and safety children about my least competing was through the metabiser on then, you know, but it's not that that is not on there. What's up with us? There has a mechanical Village side. But yeah.

49:37 Cindy Canon search Paladin Finnegan search Barnett the answers cancel the first shopping of the social and governance training is Emirates order mustard almost a sign that's to just us to these two other room now on spasm and just us in inflation that is just now but that's their condensation. Let's Guys, you could see again notes of Windows in logistic good boy design. S how doesn't the standard music station that is going to get side of if it seems perhaps each

50:19 of us. There are following feel the minor couldn't no limit in Tema understand also another exist. And does not slightly. Of.com it is here Mark donkey ever toward the substitution. Yeah, and the Americans listen to someone hang with immobilian reaction of expanded. This is the steamer social Bond. Who's your talking to at least umbrella definitely soon keep to push away as disadvant here yet kishoreham who stupid banking social Pond speaking. That's the meet the buildings and Rich domain

51:01 sandwich Institute on this is cabbage Argentina does Mark Canon sort immad capitol of Superman Capital One even keep struts or he could accept on first one immobilian potato. This is the egg and only Sushi and capitolgang. lessons social bonds Tanki Astrid Pitt. Yeah, and that's to making some not and

51:41 was meeting him up. I didn't First Years of time which is in the right. Clap this concept when he hits then objective. It doesn't even looks object is someone in immobility in underpants Finance people took such as homophilization telephone winning young and looking at investment was good. Leave it in there. It isn't even so

52:21 mathematical the sea-so sanctifier. So yeah anybody who opened this? Oh that are so big planet and then if you drink is like another angles after the discounts under stop shown as human then industry leading shows today any industry. Object on Transylvania. Yeah, right get

53:13 us be right it's not okay. Buffet's version current events will be very amazed on better and vehicle disaster social guitar. So we off the markets are the Smoothie has tomato company organization of the anything does that relaxes people has kind of better for call from count better lighter second as of and me and too comfortable and potential their Cry For You Know The Cry for such that's kind of candidates that they happen, but it's a really kind of been on our bed and feeling an eastern states breaking.

53:54 The scented workers and special event. That's that's awesome institutes and Liga thank each other kind or the mayor. Our advice that's why the trust invents kind of said it's here but that's it it's your own dish by and said if it's your system with me, is that which does Tima Like my own face on convention Middle Point social mask if they have committed.

54:36 He's in our house. And indices After High human spoon time on the certificate the most nutrition Minister standards the realized understood super common. Hey Ben's heart of Hardcore. It's been good to mess around an investors cost light up to being here. And in the trips cost in Palos, then find these conditions now that dinner. Highlight house. This is the concerns that this is it not before I know that listing jobs these boosts science shopping bones that couldn't answer the comment. This is even Nicholas failed.

55:19 On just minus 50mere We Believe students but started now did find in Australia's indicate maximize flashed on highness here and that's me. So guys poverty Shawn lost in interest since then died. Yeah, and I mean there was right by the side. It's you know, what is social governance. you just but yeah. Team this year in two to three he have unfang example a

56:01 team of the energy of the great Muhammad. This is Alice and also give our other things from the tier from the central immobilion El centrally immobil and also startschland of codes for Casey Mark man. This is the segment happened as n40c immense and constantly of contain alcoholic had common on the lake you got more than the regular unfair labia application. The studies is too comfortable schlinger lesson, the test of counties of proclaimity of talking this is argently need to celebrate

56:42 something who is to say motivation. Your status it's more soon than home the phagomar the ostrich that if it is outside. Represent us Japan and in Sofia is missing the card is to finish to me this diffused of everything relationship on this statement as much as I get strong postulate is completely is in focusing. I get it Austin, Austin.

57:25 This is this instrument was me. Oh. Nothing sector has in this announcement. They make rice in my videos on the shift is even right this accounts and regulations mechanisms on path entertainment as big first day. He said he's a predictable conference statement shown us in a predict this organisms. It yeah mark.

58:06 He can't even wish us. He can't put us for Speed. But yeah. By via neon wants their taxonomy card is that this routine? Does this let us all? On this is there's a few spots that device that's where she gots cutscow. We are amazing interpretation. on naturally sisters who even really he's there about does he does feel it as customize here and also another that's the other language this is as the map of the team and

58:47 August and once again the woman he was but that's why I've seen on spec there. They're taximere there there. just engaged women enough hiding projector come and visit our language. Yeah. Absence strict definition is good in this feeder that sites age problems organisms Mark donkey even up to UPS lose inkitanki and the student

59:29 Bitter Springs is Easter and Bad begin. Yeah, he kept the Sim only captivism is fully clear. The tempo is much more money supply on the visiting the list young exacted. Well on the stamp over of Nokia is when we talked of a multitam from them here remember it's one of a gang and had a vision of the two constantly. Listen to John the garbage here can luxoramous London and and who is

1:00:10 foreign hetman of Kazakh Vivian gaskey was teacher disademinous question about how From Team have already have Temple marching vivasta stuff even into conflicted another so for million other I skipped Africa. Thank you. So it doesn't answer monkey man for in the projects things to blemish them but Even thankless and then absolute statement the meters by each money makes us absolute statement as well of funky Party by super disco nav starters

1:00:51 and if attack may not be time conser to this paying on purpose, so same among sin of the anseling capital video of the immobilian reduction to finance a pregnancy test and then came ansham. I Streisand on the other fear princ. with the same product but concussion

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