Standing proud!

Despite methodological changes to the Benchmark in 2024,¹ REPM strategies continue to be recognized for their sustainability efforts with sustained strong performance in this year’s GRESB Real Estate and Infrastructure Assessments. This year, we’re also pleased to include Credit Suisse (CS) strategies in the summary of our results following the merger of our two parent banks. Our submission included 37 strategies overall from across the globe, including Switzerland, Germany, Japan, US and UK, comprising 24 from UBS (20 real estate and 4 infrastructure) and 13 CS real estate strategies.²

Of the 16 disclosed UBS real estate strategies,² 11 strategies achieved the highest rating of 5 stars and five strategies were rated 4 stars. Five disclosed UBS real estate strategies ranked first against their respective peer groups. Only in its second year participating in the Assessments, our UK life sciences strategy moved up to 5 stars from 4 stars the previous year and was ranked first in its peer group.

Similar to the previous year, our CS open-end core European diversified I strategy was awarded the maximum rating of 5 stars. 3 submitted CS real estate strategies achieved strong results of 4 stars and the remaining nine strategies were awarded 3 stars.

Of the four submitted UBS infrastructure strategies, one achieved a 4-star rating, two strategies achieved 3 stars and one strategy achieved 2 stars.

We are proud to see that once again we’ve sustained a strong set of results whilst also increasing on the number of participating funds – a rewarding external validation of our continued commitment to sustainability.

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

Source: UBS Asset Management, Real Estate & Private Markets (REPM), scores based on 2024 GRESB Assessment data and includes 13 CS real estate strategies.

Notes:

1. In 2024, GRESB undertook methodological changes to the real estate benchmark which impacted scores experienced by many real estate participants. The impact on scores is a result of creating differentiation among entities and thus 2024 GRESB Scores are not directly comparable to previous years, as elements of the scoring logic have changed. These standards changes impacted scoring methodology and have resulted in a net decrease in average total scores by 2 points, more detailed guidance can be found here.

2. Of the 24 submitted UBS real estate and infrastructure strategies, 4 UBS real estate strategies are non-discretionary. Only discretionary strategies are disclosed in detail.