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Tritax Management LLP continues to make progress across ESG strategy, reflected in GRESB and EPRA ratings

Tritax Management LLP (“Tritax” or “the Group”), a specialist investor in real assets aligned with the structural trends that are shaping the future economy, has delivered strong performance across the GRESB and EPRA ratings.

17 Oct 2023

Tritax has been awarded a total of 26* ‘green stars’ for GRESB, with all of Tritax’s funds being awarded scores higher than their peer averages; full breakdown of scores below. This includes four stars for Tritax Big Box and Tritax EuroBox and a sector leading score for Tritax Big Box’s development arm, which has also been awarded Sector Leader in four categories. Tritax EuroBox has also been awarded the top position in the rankings for Management Score within Europe, underlining the rigorous focus on ESG underpinning the Company’s strategic thinking.

Fund

Total Score

Star Rating

Tritax Big Box REIT PLC

85

4-star

Tritax Big Box REIT- Development

99

5-star

Tritax EuroBox PLC

84

4-star

Tritax Property Income Fund

77

3-star

Tritax MetroBox

75

2-star

AIPUT (Airport Industrial Property Unit Trust)

82

4-star

AIPUT (Airport Industrial Property Unit Trust)- Development

95

5-star

In addition to its GRESB scores, earlier in the year Tritax Big Box Reit PLC and Tritax EuroBox PLC retained their EPRA BPR Gold Level certification, which rewards companies’ ESG disclosures.

Alan Somerville, ESG Director, Tritax Management LLP, commented, “Our GRESB and EPRA results demonstrate Tritax’s market leading position and reflects our continued drive to deliver the highest sustainability standards across our buildings and investment processes.  We work closely with our customers from the outset so we can deliver sustainable solutions for their needs, whilst enhancing natural ecosystems and biodiversity, and creating meaningful social value.”

The GRESB 2023 scores reinforce the Group's robust ESG strategy that includes specific targets for both asset management and development activities. Tritax remains committed to its goal of making a positive environmental and socio-economic impact by 2030. The Group aims to achieve its ambitious goals by developing and managing net zero carbon buildings with rigorous green building standards, all while prioritising the well-being of occupiers and local communities.

*AIPUT transferred to Tritax in July 2023

--ENDS--

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Kekst CNC (Communications Adviser)

Guy Bates / Tom Climie

07581 056415 / 07760 160 248

tritax@kekstcnc.com

 

About Tritax Management LLP

Tritax is an asset manager investing in critical supply chain real assets aligned with the structural trends that are shaping the future economy, including digitisation, automation, urbanisation and green energy. Combined, our two publicly listed FTSE-250 funds (Tritax Big Box REIT plc and Tritax EuroBox plc) and growing suite of private market products own and manage more than 50 million sq ft of modern, flexible and well-located real assets. These help businesses succeed in a dynamic economy by enabling sustainable and resilient supply chains and offer investors access to a wide range of some of the most attractive opportunities in this fast-growing sector. We collaborate with our stakeholders to deliver a cleaner, healthier and more equitable society because we believe this will drive superior returns over the long term. Our specialist focus and 25+ year track record enable us to identify the best investment opportunities, while our entrepreneurial spirit and strong governance enable us to move fast and confidently act on them. Tritax is backed by global asset manager abrdn.

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Tritax Group GRESB Press Release 2023 FINAL
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