Sunlight REIT Achieves Four-Star Rating in 2024 GRESB Real Estate Assessment
HONG KONG SAR - Media OutReach Newswire - 14 October 2024 - Henderson Sunlight Asset Management Limited (the 'Manager') is pleased to announce that Sunlight REIT has secured a four-star rating in the 2024 GRESB Real Estate Assessment, the leading global E
Sunlight ReitGresbEsgReal EstateSustainabilityReal EstateOct 14, 2024
Mr. Wu Shiu Kee, Keith, the Chief Executive Officer of the Manager, said, “We are delighted and honored to have received a four-star rating in the latest GRESB Assessment. This recognition is a testament to the Manager’s unwavering commitment and ability to advance sustainability by integrating ESG values into the management and operations of Sunlight REIT. As a responsible landlord, we will continue to adhere to the overriding principle of striking a balance between profit, planet, and people, and will strive to foster a culture of care and innovation to transition into a low-carbon economy and create shared values for our stakeholders.”
The change in the financial year-end date of Sunlight REIT from 30 June to 31 December means the next sustainability report will cover an 18-month period from 1 July 2023 to 31 December 2024. To keep stakeholders informed, the Manager will shortly upload an interim sustainability review to the corporate website of Sunlight REIT, providing a snapshot of the sustainability performance for the 12 months ended 30 June 2024.
GRESB is a mission-driven and industry-led organization that provides a rigorous methodology and consistent framework to measure the ESG performance of real estate assets and portfolios. In 2023, more than 2,000 property companies, REITs, funds, and developers with US$7.2 trillion in assets participated, covering over 170,000 assets across 75 countries. Sunlight REIT has been participating in the GRESB Assessment since 2022.
About Henderson Sunlight Asset Management Limited
Henderson Sunlight Asset Management Limited is a leading asset management company dedicated to delivering sustainable returns to its clients through innovative and responsible real estate investments. The company focuses on integrating ESG principles into its management practices to ensure long-term value creation and a positive impact on the environment and society.
Frequently Asked Questions
What is the GRESB Real Estate Assessment?
The GRESB Real Estate Assessment is a leading global environmental, social, and governance (ESG) benchmark for the real estate sector. It provides a rigorous methodology and consistent framework to measure the ESG performance of real estate assets and portfolios.
What is the significance of achieving a four-star rating in the GRESB Assessment?
Achieving a four-star rating in the GRESB Assessment is a significant recognition of a company's commitment to sustainability. It indicates that the company has demonstrated strong ESG performance and is aligned with global best practices in sustainable real estate management.
What is the new financial year-end date for Sunlight REIT?
The new financial year-end date for Sunlight REIT is 31 December, changing from the previous date of 30 June.
When is the next sustainability report for Sunlight REIT expected to cover?
The next sustainability report for Sunlight REIT will cover an 18-month period from 1 July 2023 to 31 December 2024.
What is the mission of GRESB?
The mission of GRESB is to provide a rigorous methodology and consistent framework to measure the ESG performance of real estate assets and portfolios, driving sustainable practices in the real estate industry.
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