Edmond de Rothschild Real Estate Investment Management (“EdR REIM”) has achieved a four and five star rating in the 2023 assessment of GRESB, the Global Real Estate Sustainability Benchmark, for its European light industrial strategy and its Benelux office strategy.
With this result, the European light industrial strategy, which is invested in 47 properties in the Netherlands, Germany and France, scored 87 (out of 100) points and belongs to the top-20% most sustainable industrial and logistics strategies in Europe. EdR REIM’s Benelux office strategy has reached a 93 points score, meaning the strategy belongs to the top-10% most sustainable office strategies in Europe.
These strong GRESB scores are driven by solid measurement of energy consumption data, the consistent decrease of the energy consumption of the buildings (minus 5 to 6% in the last year), the increase of BREEAM certificated assets to currently 65% of the strategies’ portfolios and targeted ESG investment programs such as the roll-out of solar panels and EV-chargers across the portfolios.
Edmond de Rothschild REIM’s fund and asset management teams are fully committed to build upon the 2023 GRESB results by driving further improvements in sustainability and the quality and performance of the assets under management.
About Edmond de Rothschild Real Estate Investment Management
With more than EUR 13 billion in real estate assets, the Edmond de Rothschild real estate investment management platform operates through local operating entities in Switzerland, France, the UK, Benelux and Germany. Backed by strong convictions in responsible investment, active management and close proximity, a vast European network of 120 professionals develops and supports real estate projects in the office, industrial, logistics and residential sectors on behalf of discretionary funds and third-party mandates.
About the Edmond de Rothschild Group
As a conviction-driven investment house founded upon the belief that wealth should be used to build the world of tomorrow, Edmond de Rothschild specialises in Private Banking and Asset Management and serves an international clientele of families, entrepreneurs and institutional investors. The group is also active in Corporate Finance, Private Equity, Real Estate and Fund Services.
With a resolutely family-run nature, Edmond de Rothschild has the independence necessary to propose bold strategies and long-term investments, rooted in the real economy.
Founded in 1953, the Group had nearly CHF 158 billion in assets under management at the end of December 2022, 2,500 employees, and 30 locations worldwide.
About GRESB
GRESB is a mission-driven and industry-led organization providing standardized and validated Environmental, Social, and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 150 institutional and financial investors to inform decision-making.
Each year, GRESB assesses and benchmarks the ESG performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics.
The GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of asset investments and are aligned with international reporting frameworks, goals and emerging regulations. In 2023, GRESB Real Estate Assessment participation increased by 15% to include 2,084 listed and non-listed portfolios, generating a benchmark that covers USD 7.2 trillion of gross asset value (GAV) across 75 countries.
Press contact:
Edmond de Rothschild
Elodie Nabot: +33 1 40 17 70 43 – e.nabot@edr.com
Disclaimer
This document is issued by Edmond de Rothschild REIM. It has no contractual value and is designed for information purposes only.
The information contained in this document does not constitute an offer or solicitation to trade in any jurisdiction in which such offer or solicitation is unlawful or in which the person making such offer or solicitation is not qualified to act. This document does not constitute and should not be construed as investment, tax or legal advice, nor as a recommendation to buy, sell or continue to hold any investment. The Edmond de Rothschild Group shall not be held liable for any investment or divestment decision taken on the basis of the information contained in this document.