GRESB Awards National “Four Stars” for Sustainability Performance

Washington, DC (October 5, 2023) ─ For the eighth consecutive year, National Real Estate Advisors, LLC (National) achieved top performer status, earning Green Stars for its environmental, social, and governance policies from the Global Real Estate Sustainability Benchmark (GRESB).

This year, National ranked above average in every category and achieved the GRESB rating of 4 Green Stars. A leader in stakeholder engagement, data monitoring, risk management, reporting, and community engagement, National scored above 90% in over half of the rating components.  National is particularly proud of its development benchmark, which scored 90 points out of 100 with perfect scores in waste, water, materials, reporting, and stakeholder engagement.

Each year, GRESB assesses and benchmarks the ESG performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics. The GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of asset investments and are aligned with international reporting frameworks, goals, and emerging regulations. The GRESB ESG Benchmark grew this year to cover more than USD 8.8 trillion of gross asset value, encompassing 2,084 real estate entities, 687 infrastructure assets, and 172 infrastructure funds.

GRESB data is used by hundreds of capital providers and thousands of asset managers to benchmark investments across portfolios and to better understand the opportunities, risks, and choices that need to be made as the industry transitions to a more sustainable future.

“Dedicated to the highest standards in sustainability and management policies, we are proud to be recognized for our efforts with a 4 Star performance ranking,” said Jeffrey Kanne, President and CEO of National. “We have a long history of integrating environmental sustainability, social responsibility, and strong governance practices throughout our organization, working to generate returns for our investors and benefit the local communities in which we invest. Throughout the years, our efforts have been focused on increasing our data coverage, analyzing our tenant engagement activities, and establishing high-performing assets that achieve green building certifications.”

The GRESB Rating was granted in October of 2023 for the calendar year 2022. Further information about GRESB and the rating can be found at www.gresb.com. A Real Estate Membership – Assessment Participation Fee of $5,000 was paid directly by National to GRESB.