Reaching new heights

In the 2023 GRESB Real Estate and Infrastructure Assessments

Private markets 02 Oct 2023 5 min read
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    All 20 discretionary strategies achieved 4 or 5 stars and outperformed GRESB average

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    Strategies ranked 1st in peer group

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    Strategies received 5 stars

UBS Asset Management, Real Estate & Private Markets’ (REPM) sustainability efforts continue to build momentum with another set of strong results in the 2023 GRESB Real Estate and Infrastructure Assessments.

Real Estate & Private Markets' (REPM) strategies continue to be recognized for their sustainability efforts with a consistent or improved performance in this year’s GRESB Real Estate and Infrastructure Assessments. Our submission included 25 strategies in total (21 Real Estate and 4 Infrastructure)1 from across the globe, including Switzerland, Germany, Japan, US and UK.

Strong scores for Real Estate

Of the 17 disclosed Real Estate strategies, 12 achieved a 5-star rating, four of which ranked first against their peer groups. Our open-end core UK strategy leads the UK Diversified category for the seventh year running as the only strategy in its peer group of 113 to be 5-star rated.

Our open-end core German logistics and open-end core European office strategies won sector leader titles for two and three non-listed sectors respectively.

Infrastructure remains stable

Of the three disclosed infrastructure funds, two retained their 5-star rating with scores of 95 and 94 respectively.

1  Of the 25 submitted strategies, 1 Infrastructure strategy is in grace period and 4 Real Estate strategies are non-discretionary. 8 strategies participated in the Development module, of which 6 are disclosed. Only discretionary funds are disclosed in detail.

REPM’s teams and stakeholders have worked extremely hard to increase focus on sustainability issues in recent years and I'm delighted to see this reflected in an outstanding set of results in 2023. But the sustainability bar is rising swiftly; there is still a lot of work to do.

Olivia Muir, Head of Sustainability, Real Estate & Private Markets

Important information

GRESB is a third-party organization that provides ESG data to financial markets. GRESB collects, validates, scores, and independently benchmarks ESG data to provide business intelligence, engagement tools, and regulatory reporting solutions for investors, asset managers, and the wider industry. UBS has been a member of GRESB for over a decade. Award as of October 2023. UBS submitted 2022 data to GRESB for the 2023 Assessments. For more info about GRESB, please consult the webpage here and learn more about GRESB’s scoring methodology here. GRESB is compensated annually by its members for the assessments, find out more here.

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