The Australian real estate industry is once again shown to be among the best in the world in terms of environmental, social and governance (ESG) indicators after the Oceania region has surpassed the global ESG benchmark for real estate assets (GRESB).
Australia and New Zealand obtained an average score of 81 on the GRESB, up from 76 last year, which is significantly higher than the world average of 72. Asia followed closely with the region of Oceania, with a score of 72.67 (GRESB).
The significant gap between the performance of the region and that of other countries demonstrates the efforts of the local real estate sector to take ESG initiatives, said the Director General of the Property Council of Australia, Ken Morrison.
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"Investments by Australian real estate companies in sustainable development support the global transition to a low carbon, more sustainable and resilient future that creates value for investors and meets the needs of investors. population and a growing economy, "he says.
GRESB's results are used by more than 100 institutional investors worldwide, representing assets under management of US $ 22 billion. More than 1,000 real estate companies, REITs, funds and promoters participated in the evaluation of 2019.
The evaluation evaluated the ESG performance of 80 Australian and New Zealand funds, companies and property developers, with assets valued at US $ 242 billion.
"The strong performance of Australian real estate assets from a growing number of participants demonstrates our industry 's commitment to ESG principles and its leadership in the field of real estate. energy efficiency, emission reduction, inclusion and health and wellness, which are increasingly important factors for the global investment market, "Morrison said.
Here are some highlights of the evaluation:
Top suburbs:
Coorparoo
,
Goworthville
,
collingwood
,
Menai
,
Hebersham
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