24 November 2020 | 2 min.

GRESB benchmark awards five stars to a.s.r. real estate funds

The a.s.r. real estate sector funds were assessed on their sustainability performance this year by GRESB, the global sustainability benchmark. The ASR Dutch Core Residential Fund and the ASR Dutch Mobility Office Fund have each been awarded the maximum score of five stars. This means that a.s.r. real estate’s residential and office funds are among the top 20% best-performing GRESB funds worldwide. The ASR Dutch Prime Retail Fund also saw an improved performance this year, scoring four stars. The results confirm a.s.r. real estate’s continuous commitment to sustainability. 

In recent years, a.s.r. real estate has committed itself to making its funds more sustainable. As part of these efforts, the ASR Dutch Core Residential Fund has made around 1,000 homes more sustainable since 2015. Over the past year, the ASR Dutch Mobility Office Fund has focused on creating more energy-efficient offices, as a result of which the share of A-label offices in the fund has increased from 47% to 81%. The ASR Dutch Prime Retail Fund, meanwhile, has focused on cooperating with its tenants, which included the installation of approximately 3,500 solar panels to generate renewable energy.

Dick Gort, CEO of a.s.r. real estate: “Sustainability is an integral aspect of a.s.r. real estate’s fund strategies, and we are proud that this is also being reflected in our GRESB scores. In the future, we will continue to make every effort to ensure that our real estate becomes more and more sustainable. To demonstrate our commitment to achieving a carbon-neutral built environment by 2050, we have also signed the DGBC Paris Proof Commitment.”

The ASR Dutch Science Park Fund, a.s.r. real estate’s fourth sector fund, will participate in the GRESB assessment for the first time in 2021. 

GRESB

GRESB is an independent benchmark that assesses the sustainability policies of real estate funds and portfolios around the world. The GRESB score enables fund managers to review their sustainability policies and carry out improvements.