Dexus continues strong performance in GRESB results across real assets

Dexus continues strong performance in GRESB results across real assets

Dexus has continued its strong sustainability performance in the Global Real Estate Sustainability Benchmark (GRESB) 2024 Real Estate Assessment and 2024 Infrastructure Assessment.

Highlights from this year’s results include:

• All participating infrastructure assets maintained or improved their GRESB star ratings – including Melbourne Airport (APAC), Powerco and Reliance Rail that achieved 5 stars
• Six out of eight participating real estate entities placed in the top 20% globally by achieving 5 star ratings – Dexus Wholesale Property Fund (DWPF) and Dexus Wholesale Shopping Centre Fund (DWSF) achieved 5 star ratings for the ninth consecutive year
• Dexus (DXS) achieved first place in its peer group for Listed Australian Diversified (Office/Industrial)
• Dexus Healthcare Property Fund (DHPF) achieved first place in its peer group for Global Non-Listed Healthcare (Healthcare Centres)
• Dexus Diversified Infrastructure Trust (DDIT) achieved an historic high score of 97/100, which ranks the Fund 1st in the Oceania Diversified Private Equity Fund category
• Dexus Australian Logistics Trust (DALT) improved its rating by a star

Dexus Head of Sustainability, Ramana James said: “Our priority is to deliver tangible outcomes through the work we do to improve the sustainability of our assets and funds. By managing our environmental impact and increasing customer and community value, we also support improved financial performance. GRESB is an important tool to help us measure our sustainability performance at an asset and portfolio level and this year’s results are a positive indication that we are on the right track.”

The Real Estate Assessment scores and rankings were influenced by new criteria which assessed performance data against granular country-level benchmarks. Despite these changes, all Dexus entities maintained or improved their star ratings over previous results across stabilised portfolios.

GRESB is an international benchmark for Environmental, Social and Governance (ESG) performance of real assets. It is an important global standard used by investors to monitor their investments and understand performance across ESG principles which continues to play an increasing role in capital allocation. In 2024, there were 2,223 entities participating across the Real Estate Standing Investment Benchmark Report and Real Estate Development Benchmark Report, along with 167 funds and 720 assets participating in the Infrastructure Standing Investment Benchmark Report.