CBRE Global Investors has significantly outperformed its 2014 results in the Global Real Estate Sustainability Benchmark (GRESB) survey. The 23 funds and separate accounts that were analysed in the survey improved an average of 15 percent.
The CBRE Dutch Office Fund has performed exceptionally, becoming No. 1 in the sectors of “Europe/All Sectors,” the “Netherlands/Office Sector” and the “Europe/ Non-listed Participants” as well as placing No. 2 out of 688 submissions in the Global Scoring ranks.
Most of the high achievements have come from the Pan European sectors, with the European Industrial Fund increasing its score by 26 percent and the European Shopping Centre Fund (ESCF) improved on its score from last year by 48 percent. ESCF was also ranked among the most sustainable retail funds within the CBRE Global Investors submissions.
The UK Property Fund improved by 31 percent on its results from the previous year, which contributed to an overall 19 percent hike in performance seen across the EMEA portfolio.
Globally, 12 investment programs were awarded Green Stars. These funds and separate accounts excel in having sustainable policies in place and are also active in the implementation of sustainability and effecting change in their portfolios. The Dutch Residential Fund, the Retail Property Fund Iberica, the Nordic Property fund, the Property Fund Central and Eastern Europe, and the Strategic Partners U.S. Value 6 fund are just a few of the Green Star investment programs managed by CBRE Global Investors.
“The company’s commitment to sustainability is valued very highly at CBRE Global Investors. These excellent results from the survey are a result of the last three years of hard work by our Global Green Team and everyone else’s contribution,” commented Pieter Hendrikse, CEO EMEA and Head of the Global Green Team, CBRE Global Investors. He added: “These results can be highlighted further by what the 7 percent reduction in energy consumption that we achieved through our sustainable initiatives means to the planet. This is the equivalent of powering 6780 homes. In addition the levels of greenhouse gas consumption went down by 3 percent, the same as taking 985 cars off the roads.”