Real Estate awarded Green Star rating in GRESB 2019
EQT is proud to announce that EQT Real Estate has achieved a Green Star rating in GRESB – the leading global ESG benchmark for Real Assets.
EQT Real Estate participated in GRESB for the second consecutive year, achieving year on year improvement across all aspects. The EQT REal Estate fund received a Green Star thanks to its strong performance in the Implementation & Measurement and Management & Policy sections.
EQT Real Estate focuses on reducing the risk of depreciation and obsolescence caused by evolving current and future occupier needs, technology shifts and economic or political changes as well as enhancing the resilience of the investments.
Sofia Watt, Managing Director at EQT Partners and Head of Asset Management at EQT Real Estate commented: “We are delighted that the continuous work to implement and future-proof the investments has been recognized. EQT Real Estate continues to focus on sustainable value creation throughout the investment horizon, leveraging the Real Estate investment advisory team’s hands-on asset management capabilities.”
GRESB is an investor-driven assessment of fund performance focused on ESG issues for real estate funds. The 2019 real estate benchmark covered more than 1,000 property companies, real estate investment trusts (REITs), funds, and developers. Investors use GRESB data and analytical tools to manage ESG risks, capitalize on opportunities and engage with investment managers. The combined value of the GRESB 2019 participants represented more than USD 4.1 trillion AUM covering more than 100,000 assets spread over 64 countries.