KingSett is pleased to share its Global Resal Estate Sustainability Benchmark 2023 results for our $5B core income fund.:
- 2nd in the North America Diversified Office/Residential/Non-listed sector for our Standing Investments
- 1st and Global Sector Leader in the Residential/Non-listed/Core sector for the Development Benchmark
KingSett remains on track to reducing carbon emissions by 35% of baseline across this portfolio by 2027, with two office properties receiving their CAGBC | Canada Green Building Council Zero Carbon Performance Standard Certification this year, taking our net zero carbon footprint to over 2.1M square feet.
GRESB (Global Real Estate Sustainability Benchmark Report) is the global industry standard for ESG benchmarking. It assesses and compares the management attributes and performance across real estate companies (public, private and direct) globally. GRESB collects information on material ESG issues aligned with what investors and the industry care about. In 2023, over 2,000 property companies, REITs, funds, and developers with USD 7.2 trillion in assets participated, covering 170,000+ assets across 75 countries.
ABOUT KINGSETT CAPITAL
Founded in 2002, KingSett Capital is a leading Canadian private equity real estate firm that co-invests with institutional and ultra-high net worth clients to deliver sustainable, premium risk-weighted returns. KingSett manages $18 billion in assets across its Growth, Income, Urban, Mortgage, Residential Development and Affordable Housing strategies.