Crown to take second place in Americas in 2022 GRESB, The Canadian Business Journal

TORONTO, Oct. 19, 2022 (GLOBE NEWSWIRE) — Crown Realty Partners (“Crown”) is pleased to announce the results of the 2022 GRESB Assessment. GRESB Real Estate Assessment is the global standard for ESG benchmarking and reporting for listed real estate companies, privately owned real estate funds, developers and real estate investors. We provide investors with validated data to assess, monitor and manage ESG risks, opportunities and impacts.

For the fourth year in a row, Crown’s offering, which represents the core office property fund, received a five-star rating. The Crown surpassed its previous record with a score of 91 and a ranking of 2 in excellence.^nd In a peer group of unlisted core closed end offices in the Americas.

Reporting to this global benchmarking standard allows Crown to monitor performance and continuously raise the bar. This allows us to build a resilient and future-proof portfolio while providing superior office facilities. Erica Lam, Sustainability Manager at Crown, said: “By expanding the voluntary topic of climate risk and resilience in our main research this year, we have gained insights that will help us better integrate climate-related risks and opportunities into our processes.”

Moving forward, Crown will build on learnings from the voluntary GRESB Resilience Modules, recognizing the critical role of industry in climate change. “The long-term value of our assets will be impacted by how we navigate the global energy transition over the next few years,” said Emily Hannah, her partner and managing investment department. increase. “We believe this will increase the resilience and future prospects of our portfolios while increasing the value of our investors’ assets.”

About Crown

About GRESB

For more information, please contact:
Emily Hannah
Managing Partner, Investment
Crown Realty Partners
647.729.2609

[email protected]
Link: www.crownrealtypartners.com
LinkedIn: Crown Property Management Co., Ltd.
Instagram: @CrownCRP

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/816f8f6b-55c7-455c-a969-8031c3967f6b.

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