On March 19, 2024, GRESB, the leading global sustainability benchmark for real assets, proudly announced the upcoming introduction of REAL Solutions, a dynamic toolkit aimed at empowering real asset managers and investors with actionable insights into asset sustainability, resilience, and efficiency. REAL Solutions utilises aggregated asset-level data from GRESB’s annual real estate assessment, offers actionable information on targets, operational performance, certifications, energy ratings, and efficiency measures, enabling investors and managers to comprehend and enhance asset performance effectively. The inaugural tool from the REAL Solutions product suite, REAL Benchmarks, is set to launch in April. Tailored for real estate managers and listed companies, REAL Benchmarks provides a customisable dashboard for private and secure analysis of each asset’s contribution to portfolio performance, allowing comparison against performance benchmarks derived from the GRESB database.
REAL Benchmarks will offer year-round availability and seamless updates, with plans for additional functionalities over time to support advanced analysis and simulation. In addition to supporting managers with actionable benchmarking insights, REAL Solutions sets a new standard for sustainable investor-owned real estate by offering unprecedented insights into global real estate performance based on aggregated, real-world data from the GRESB database. REAL Solutions provides median consumption figures for energy, water, and waste across various property types, showcasing performance metrics for sustainable investor-owned real estate. GRESB will release detailed global benchmark figures in the coming weeks and months.
Source– GRESB announces REAL Solutions, a pioneering suite of new tools to meet growing industry demand for granular asset insights | GRESB
About the Authors
Associate Director, Investment Banking
Prachurjya has over 16 years of experience in investment banking with Acuity Knowledge Partners. At Acuity, he has led sector and product-specialist pilot teams across Capital Markets, ESG, Debt Advisory, Loan Syndications, Metals & Mining and Real Estate. He has been actively involved in setting up and on-boarding new ESG Advisory, ESG DCM and Sustainable Finance teams for various bulge bracket investment banks. Within DCM and Rating Advisory, he has been instrumental in helping the clients achieve over 30% in annual savings on both regular and adhoc tasks through standardization of the outputs and deployment of our proprietary BEAT tools.
Delivery Manager, Investment Banking
Puja has 6 years of extensive experience in ESG, Climate Change & Sustainability and she is supervising the ESG team at Acuity. She also has diverse experience in conducting ESIA, EHS compliance audits, ESG Risks and Controls, EHS & ESG Due Diligence assessments. Prior to joining Acuity, she was working with companies like KPMG Global Services, EY India and ERM India. She has expertise in provisioning extensive research requirements for clients through preparation of Peer Benchmarking, Target Compilation, Sustainability report, Sustainable Finance Updates and Sectoral ESG Thematic Detailing Engagement.
Connect with the experts at contact@acuitykp.com
