Corporate social responsibility (CSR) has taken on increased significance in the property sector in recent years, reflecting the global focus on sustainability. This has included all of the dimensions of CSR, including environment, social and governance (ESG) issues, with property companies taking a strong leadership role in the area of implementing CSR practices. The key ongoing issue is whether these CSR practices significantly influence property company performance. Using the ESG factors in the ASSET4 database, REITs and property companies are assessed on whether these CSR practices are key factors influencing their performance in addition to the standard financial factors influencing performance (eg: market cap, BMV etc). This is assessed for REITs and property companies in Europe, US and Asia-Pacific over 2007-2011. The strategic implications for the ongoing implementation of CSR practices by REITs and property companies are also assessed.