As highlighted in the 2024 GRESB benchmark results, Oceania claims the top position in the standing investments benchmark and in the development benchmark for sustainable real estate.
GRESB assessed AU$13trn in assets globally, with AU$650bn from Oceania. Despite a slight decline in Australian participants, Oceania remains the highest-performing region globally, underscoring its commitment to a greener future.
The results show nationwide strong performance, including a 93% average for management and 74% for performance in standing investments, along with 95% for management and 93% for development.
“With 94% of Oceania participants adopting net zero policies, Australia continues to set the global standard for sustainability and innovation.
“Australia continues to lead in delivering high-performing, sustainable buildings, with Green Star helping to drive higher sustainability standards.”
Davina Rooney, CEO, Green Building Council of Australia
Oceania’s standing investment score improved by 3% to 80, remaining above the global average. The 3% improvement in the GRESB Development Benchmark of 93 underscores the region’s commitment to sustainable construction.
