Bentall Kennedy Ranked Top 3 in the World in the 2017 Global Real Estate Sustainability Benchmark (GRESB) Rankings
TORONTO (September 11, 2017) - For the seventh consecutive year, Bentall Kennedy has been ranked among the top firms in the world for its commitment to investing sustainably by the Global Real Estate Sustainability Benchmark (GRESB). The annual rankings from GRESB named Bentall Kennedy as the top diversified firm in Canada, in the top two diversified private firms in North America, and among the top three diversified private firms globally. In addition, for the third year in a row, MEPT/MEPT Edgemoor LP, the U.S. core open end fund strategy advised by Bentall Kennedy, is ranked as the number one fund globally in its peer group (Diversified - Residential/Office). The 2017 GRESB survey included 850 entities (+12% from 2016) covering 77,000 (+16.7%) assets with an aggregate value of USD $3.7 trillion (+32%).
"Consistently achieving top global rankings from GRESB validates our approach to investing sustainably in real estate and affirms the critical role that sustainability plays in generating strong performance over the long term," said Gary Whitelaw, Chief Executive Officer for Bentall Kennedy. "The 2017 GRESB results acknowledge the commitment of Bentall Kennedy’s clients, tenants and employees to leading the way in sustainability."
GRESB ranks companies and funds on sustainability performance in a number of Environmental, Social and Governance categories, including management practices, reductions in energy, water, and waste consumption, green building certifications, and engagement programs with our employees and tenants.
"GRESB congratulates Bentall Kennedy on its outstanding leadership in sustainability. The reason why Bentall Kennedy manages to replicate its incredible performance year after year is because they have made sustainability an integrated part of their business," said Roxana Isaiu, Director, ESG & Real Estate GRESB. "From the corporate leadership, across the asset managers, leasing teams and property managers, the Bentall Kennedy team redefines tenant engagement and pushes the boundaries of responsible investment with great results."
GRESB conducts its annual survey measuring the environmental, social and governance performance of listed and private property funds.
About Bentall Kennedy
Bentall Kennedy, a Sun Life Investment Management company, is one of the largest global real estate investment advisors and one of North America's foremost providers of real estate services. Bentall Kennedy serves the interests of more than 550 institutional clients with expertise in office, retail, industrial and multi-residential assets throughout Canada and the U.S. Bentall Kennedy's Investment Management group has approximately $46 billion (CAD)/$36 billion (USD) of assets under management (as of June 30, 2017). Bentall Kennedy is one of the largest real estate services providers in Canada, managing 58 million square feet on behalf of third-party and investment management clients (as of June 30, 2017). Bentall Kennedy is a member of UN PRI and a recognized Responsible Property Investing leader ranked among the top firms around the globe in the Global Real Estate Sustainability Benchmark (GRESB) for the seventh consecutive year since GRESB was launched.
Bentall Kennedy includes Bentall Kennedy (Canada) Limited Partnership, Bentall Kennedy (U.S.) Limited Partnership and the real estate and commercial mortgage investment groups of certain of their affiliates, all of which comprise a team of real estate professionals spanning multiple legal entities. The assets under management shown above include real estate equity and mortgage investments of the companies within Bentall Kennedy. The information in this press release does not constitute an offer to sell or a solicitation of an offer to buy securities or investment services.
For more information, visit www.bentallkennedy.com.
Vice President, Corporate Communications