All Genesta Funds Keep Five-Star GRESB Ratings
In the end, a GRESB score reflects what happens in the buildings every day. Energy work, data and tenant engagement are built into how we manage every asset. I'm proud of our teams across the Nordics.
- David Neil, CEO at Genesta
For the second consecutive year, all three Genesta funds have received five-star GRESB ratings, placing them among the top 20 percent of participants globally.
GNRE Fund II and GNRE Fund III, the two value-add funds, both scored 91 points against a GRESB average of 81.
That result is harder to reach than it looks. Value-add funds own buildings in transition. Refurbishments, changing occupancy and system upgrades all make consistent data and performance more difficult to maintain.
GNRE Core Plus Open-ended scored 93 points.
- GNRE Core Plus Open-ended: 93 points, 5 stars
- GNRE Fund II: 91 points, 5 stars
- GNRE Fund III: 91 points, 5 stars
What the Rating Measures
GRESB assesses how sustainability is managed in practice: stakeholder engagement, management, policy and disclosure, risks and opportunities, performance indicators and building certification.
For investors, the value lies in what the score reflects. Reliable data makes risk visible earlier. Lower energy use reduces operating costs. Documented performance makes buildings easier to lease, finance and sell.
Because the rating is relative, the threshold rises as the market improves. A detailed analysis of this year's results will guide each fund's priorities ahead of next year's assessment.
More information about GRESB is available at gresb.com.
