Eastnine retains top rating from GRESB
For the third year in a row, Eastnine received the top rating of five stars in GRESB's annual ESG assessment of the real estate industry (GRESB Real Estate Assessment). With 92 points out of a possible 100, Eastnine advanced two places to ninth place among listed European companies.
Every year, GRESB assesses and compares the ESG performance of real estate assets worldwide. This year, GRESB's benchmark grew to include more than US$ 8.6 trillion of assets under management.
In this year's review, Eastnine received 92 points out of a possible 100, which is the same as last year. This scoring provides a 5-star rating from GRESB and continues to place Eastnine in the top 20 percent of GRESB's global real estate benchmark. Among European listed real estate companies, Eastnine placed 9 (11) out of 100 (90) participants.
"We are very pleased to maintain our place at the top of GRESB's survey, which proves that we are on the right track with our sustainability work”, says Kestutis Sasnauskas, Eastnine's CEO. "At the same time, we are fully aware of the increasing demands within ESG area, which means that we must continue to develop in order to maintain our leading position.”
GRESB is a mission-driven and industry-led organisation providing standardized and validated Environmental, Social and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 170 institutional and financial investors to inform decision-makers. For more information, visit GRESB.com.
Eastnine AB (publ)
For more information contact:
Kestutis Sasnauskas, CEO, +46 8 505 97 700
Britt-Marie Nyman, CFO and Deputy CEO, +46 70 224 29 35
Lilia Kouzmina, Head of Sustainability, +46 70 601 72 55
Visit www.eastnine.com
Eastnine AB is a Swedish real estate company with a property value of EUR 605m and a long-term net asset value of EUR 426m as of 30 June 2022. Eastnine’s vision is to create and provide prime venues where ideas can flow, people can meet, and successful business can be developed. Eastnine’s mission is to be the leading long-term provider of modern and sustainable office and logistics premises in prime locations in the Baltics and Poland. Eastnine’s share is listed on Nasdaq Stockholm Mid Cap, sector Real Estate.