Australian commercial developers are leading the world in sustainable property design, according to the Environmental Real Estate Index released today.
The inaugural Index announced in London is part of a report by the European Centre for Corporate Engagement at Maastricht University, Netherlands, commissioned by the Universities Superannuation Scheme, APG Asset Management and PGGM Investments to measure the environmental performance of the commercial real estate sector globally.
“The Australian property companies are the clear environmental leaders of the globe,” the report states.
“It is clear that property companies from all over the world can learn from the Australian best practices in environmental management.”
GPT Group has been named the global leader, with the top five performers in Australia also including Stockland, Commonwealth Property Office Fund, CFS Retail Property Trust and Valad Property Group.
GPT Group CEO and managing director, Michael Cameron said the team was extremely proud of the achievement.
“We believe responsible property makes sense commercially for our investors, customers, communities and our people,” he said.
GPT is also leading the real estate sector of the Dow Jones Sustainability Index.
“We are focussed on continuing to create assets that are sustainable legacies and we are always seeking to build on and share our environmental policies, knowledge and practices."
