Genesta Awarded with 4 Stars in Prestigious GRESB

We are pleased to announce that Genesta receives a four-star rating from GRESB for its fund GNRE II. The fund reached 87 points (out of 100), marking a 7-point increase from the previous year.

- This excellent result comes from our everyday dedication and commitment to sustainable investments and our belief in being in front of the green transformation. These achievements fuel our passion to drive positive environmental, social and governance outcomes across our portfolio, says David Neil, CEO of Genesta.

The fund surpassed both the GRESB average score of 75 points and the peer group’s average of 81 points. The fund’s performance earned it the fourth position out of twelve in its predominant peer group.

GRESB is the leading Environmental, Social and Governance (ESG) benchmark for real estate and infrastructure investments across the world.

More about GRESB

GRESB (Global Real Estate Sustainability Benchmark) is an industry-driven organization committed to assessing the sustainability performance of real estate portfolios (public, private and direct) around the globe. The dynamic benchmark is used by institutional investors to engage with their investments with the aim to improve the sustainability performance of their investment portfolio, and the global property sector at large. By participating in GRESB’s annual assessment, companies and fund managers will be able to better manage their portfolios in the face of more volatile energy supply, stricter legislation to combat climate change, increased energy efficiency requirements and changing preferences of corporate tenants. For more information, visit the GRESB web site: www.gresb.com