Mumbai, Maharashtra, India:
To operationalize the net-zero greenhouse fuel emissions by 2050 or sooner, Brookfield India Real Estate Trust has rolled out a complete ESG technique throughout 13 initiatives.
“We are pleased to receive a five-star rating from GRESB in our first year of participation. We take this achievement as an outcome of our commitment to sustainable business practices aligned to our global ESG framework. Across our properties in India, we are deploying the very best of technologies to achieve our goal of being net zero by 2050. Every member of our team is cognizant of the role they play in our path to achieving ESG excellence and contribute to creating consistent value for all our stakeholders,” mentioned Alok Aggarwal, Chief Executive Officer, Brookprop Management Services Private Limited.
“GRESB Sector Leaders are the top-performing organizations leading the way to a net-zero future and pulling the industry forward. We applaud this year’s Sector Leaders for their commitment, leadership and dedication to ESG and sustainability,” mentioned Sebastien Roussotte, CEO of GRESB.
*GRESB is an internationally acknowledged benchmark, assessing the ESG efficiency of $6.9 trillion of belongings below administration. The GRESB Sector Leader Awards acknowledge actual property and infrastructure corporations which have demonstrated excellent management in sustainability yearly.
Brookfield India Real Estate Trust is India’s solely institutionally managed REIT, comprising of 5 giant campus format workplace parks positioned in key gateway markets of India – Mumbai, Gurgaon, Noida, and Kolkata. The BIRET portfolio consists of 18.6 M sf comprising 14.2 M sf of accomplished space and 4.4 M sf of future growth potential. BIRET has the rights of the primary supply on a further 6.7 M sf, at the moment owned by members of the Brookfield Group.
BIRET is sponsored by an affiliate of Brookfield Asset Management Inc, one of many world’s largest various asset managers and traders, with over US$750 billion of belongings below administration, throughout actual property, infrastructure, renewable energy, non-public fairness and credit score methods and has a world presence throughout greater than 30 nations.
The high quality of belongings owned by BIRET along with the sponsor group’s experience in proudly owning and working belongings over a number of years makes it the popular “landlord of choice” for tenants.
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