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The European non-listed property industry is outperforming global averages in some aspects of sustainability but is still too heavily focused on policy, according to the results of the latest GRESB survey. INREV’s overall score for the management aspects is 66 out of 100, which is higher than the global average at 61. This result indicates that, at the policy level, the industry is making good in-roads compared with the average. For the implementation of these policies the INREV, the Global and the European sample, which includes both listed and non-listed, all scored 35. This shows there is plenty of room for improvement but that the INREV sample is in step with the market overall.
Source : INREV