Home Property Australia Australian property industry retains global sustainability crown in 2024 GRESB results

Australian property industry retains global sustainability crown in 2024 GRESB results

  • November 06, 2024
  • by Property Australia
Oceania, comprising Australia and New Zealand, secured the top spot in both the standing investments benchmark and the development benchmark.

The Property Council of Australia said the release of the 2024 GRESB benchmark results once again shows Australian property companies are at the forefront of sustainability efforts globally.

Oceania, comprising Australia and New Zealand, secured the top spot in both the standing investments benchmark and the development benchmark.

Property Council Chief Executive Mike Zorbas said the results show the essential role of property leaders in promoting sustainability not just in Australia, but around the globe.

“In 2024, Australian property leaders continue to create world leading sustainable buildings and portfolios. These gold medal results should be a source of national pride,” Mr Zorbas said.

“We congratulate the many Australian companies recognised on the GRESB leaderboards, as well as those companies innovating and demonstrating emerging leadership in this field.

“Building leadership and innovation matters because the built environment accounts for a quarter of Australian emissions.

“We can all be proud that Australian property leaders continue to lead the charge toward achieving our national net zero targets and continue to work with governments to focus on older existing stock,” he said.

GRESB Benchmarks grew to include a record 2,223 real estate participants, including 132 in Australia, with over $10 trillion in real estate assets globally assessed.

Established in 2009, GRESB is the global sustainability benchmark and largest source of ESG data for real estate assets.

GRESB Real Estate Standing Investment Sector Leaders (Oceania)

 

Entity

Manager

Sector

Sector Leader Award/s

Cbus Property

Cbus Property

Diversified – Office/Retail

  1. Global Sector Leader
  2. Global Non-Listed Sector Leader
  3. Regional Sector Leader
  4. Regional Non-Listed Sector Leader 

Charter Hall 242 Exhibition Street Holding Trust (242Ex)

Charter Hall

Office

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader 

Charter Hall Retail Partnership No.6 (RP6)

Charter Hall

Retail

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader 

Core Logistics Partnership (CLP)

Charter Hall

Industrial

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader 

Dexus DXS

Dexus

Diversified – Office/Industrial

  1. Global Listed Sector Leader
  2. Regional Sector Leader

Frasers Property Industrial Australia Pty Limited

Frasers Property Industrial Australia Pty Limited

Industrial

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader 

Australian Prime Property Fund Retail

Lendlease

Retail

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader 

Keyton Trust (formerly Lendlease Retirement Living Trust)

Keyton

Residential

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader 

GPT Wholesale Shopping Centre Fund

The GPT Group

Retail

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader 

Vicinity Centres Direct Portfolio

Vicinity Centres

Retail

Regional Listed Sector Leader

 

 

GRESB Real Estate Development Sector Leaders

 

Entity

Manager

Sector

Sector Leader Award/s

Aliro Trusco 1 Pty Ltd as trustee for the Aliro Group Industrial Value Fund

Aliro Management Pty Ltd

Industrial

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader

Cbus Property

Cbus Property

Diversified – Office/Residential

  1. Global Sector Leader
  2. Global Non-Listed Sector Leader

Charter Hall Prime Office Fund (CPOF)

Charter Hall

Office

  1. Regional Sector Leader
  2. Regional Non-Listed Sector Leader

Dexus Healthcare Property Fund

Dexus

Healthcare

Global Non-Listed Sector Leader

Goodman Australia Industrial Partnership (GAIP)

Goodman Group

Industrial

  1. Global Sector Leader
  2. Global Non-Listed Sector Leader
  3. Regional Sector Leader
  4. Regional Non-Listed Sector Leader

GPT Wholesale Office Fund

The GPT Group

Office

  1. Global Sector Leader
  2. Global Non-Listed Sector Leader
  3. Regional Sector Leader
  4. Regional Non-Listed Sector Leader

ISPT Core Fund

ISPT

Diversified – Office/Industrial

  1. Global Sector Leader
  2. Global Non-Listed Sector Leader

Keyton Trust (formerly Lendlease Retirement Living Trust)

Keyton

Residential

  1. Global Sector Leader
  2. Global Non-Listed Sector Leader
  3. Regional Sector Leader
  4. Regional Non-Listed Sector Leader

Scentre Group

Scentre Group

Retail

  1. Global Sector Leader
  2. Global Listed Sector Leader