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TH Real Estate achieves excellent results in the Global Benchmark for Sustainability in Real Estate

GRESB 2015

TH Real Estate has achieved excellent results in the 2015 Global Real Estate Sustainability Benchmark (GRESB), the leading global benchmark for portfolio-level sustainability in the real estate market.

Issued in early September, the GRESB results recognised six TH Real Estate managed funds with its ‘Green Star’ rating, awarded for demonstrating global leadership in embedding sustainability throughout the property investment lifecycle. The GRESB results also demonstrate TH Real Estate’s continued improvement over the past five years, with all participating funds performing strongly on ‘Management and Policy’ and making year-on-year improvements in ‘Implementation and Measurement’.

The eight EMEA funds that participated in the survey represent $11 billion of assets under management.

The results are based on an assessment of 707 property companies and private equity real estate funds, representing 61,000 assets and $2.3 trillion in asset value. The results provide new insights regarding the energy and sustainability performance of the global real estate industry, documenting a 3% reduction in greenhouse gas emissions in 2014, a 50% increase in on-site renewable energy generation and a 19% improvement in overall ESG performance.

Jenny Pidgeon, Head of Sustainability, TH Real Estate, comments:

The achievement of six Green Stars and the continued improvement of all of our participating funds is a testament to the steps that we are making to constantly improve the sustainability performance of our funds. We have also made significant efforts to embed sustainability in the way TH Real Estate does business and are pleased to see that this core value is reflected in the wider industry.

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