The 2017 GRESB Real Estate Results name the Australian and New Zealand real estate markets as the world’s most sustainable. 850 property companies, real estate investment trusts, funds and developers took part in the assessment. This is an increase of 12% in the participation rate from 2016. A 45% increase from 2016 was seen in the voluntary reporting of Health & Well-being module.

Australia and New Zealand’s regional score was 73, down from 74 in 2016. The global average is 63 in 2017 up from 60 in 2016. 66 Australian companies reported to GRESB this year compared to 55 in 2016. The increase is a direct result of increased investor demand for environmental, social and governance related disclosures.

Lendlease’s Australian Prime Property Fund Commercial was ranked first out of all of the 850 companies and funds globally for the third time. Lendlease’s International Towers Sydney Trust and One International Towers Sydney Trust were also names the most sustainable development funds globally. Dexus Wholesale Property Fund was recognised as a global leaser for diversified office and retail groups and Stockland ranked number one in global listed companies for the diversified office and retail sector.

More information here.