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TORONTO, Oct. 19, 2022 (GLOBE NEWSWIRE) — Crown Realty Partners (“Crown”) is happy to announce the outcomes of its 2022 GRESB evaluation. The GRESB Real Estate Assessment is the international normal for ESG benchmarking and reporting for listed property corporations, non-public property funds, builders, and buyers in actual property. It offers buyers with validated information on which to judge, monitor, and handle ESG dangers, alternatives, and impacts.
For the fourth consecutive yr, Crown’s submission on behalf of its Core Fund of workplace properties achieved a 5-star ranking. Crown outperformed its earlier achievements with a rating of 91 and an excellent efficiency rating of twond in its peer group of non-listed, core, closed finish workplace in the Americas.
By reporting to this international benchmarking normal, Crown can monitor efficiency and regularly elevate the bar. This will assist us construct resilience and future-proof our portfolio, all whereas delivering excellent workplace premises. “We appreciate that GRESB itself is always evolving,” mentioned Erica Lam, Manager, Sustainability at Crown. “With the voluntary expanded topics around climate risk and resilience in this year’s main survey, we are able to gain insights that will help us better incorporate climate-related risks and opportunities into our processes.”
Looking ahead, Crown plans to construct on its learnings from the voluntary GRESB Resilience Module, recognizing the important position for our trade in the local weather transition. “The long-term value of our assets will be affected by how we navigate the global energy transition in the years ahead,” mentioned Emily Hanna, Managing Partner, Investments. “We believe this will build resilience and future-proof our portfolio, all while growing the value of our investors’ assets.”
ABOUT CROWN
ABOUT GRESB
For additional info, please contact:
Emily Hanna
Managing Partner, Investments
Crown Realty Partners
647.729.2609
[email protected]
Links: www.crownrealtypartners.com
LinkedIn: Crown Property Management Inc.
Instagram: @CrownCRP
A photograph accompanying this announcement is out there at https://www.globenewswire.com/NewsRoom/AttachmentNg/816f8f6b-55c7-455c-a969-8031c3967f6b
