The 2018 GRESB Assessments are now available in Pre-release. Following an extensive analysis and industry engagement process, the Assessments introduce some changes with the intention of simplifying the reporting process, increasing data quality and improving alignment.
2018 GRESB Real Estate Assessment and Real Estate Developer Assessment Pre-release
Key changes include:
[two-thirds-first]
- Standardization of inputs – The Assessments will have fewer open text boxes and new portal functionalities for a faster reporting process.
- Greater alignment – The structure and terminology of the Real Estate Assessment and Real Estate Developer Assessments will be more closely aligned with the other GRESB Assessments and external frameworks.
- Expanded scope on building certifications – Deeper insights on certifications and an updated building certifications database will be included.
- Asset level reporting – Increased focus on data quality through the recognition of asset level reporting.
- Increased transparency on scoring methodology – The 2017 Real Estate Scoring document will be made available as an additional source of information on the Assessment.
- Health & Well-being Module – The final year of the GRESB Health & Well-being Module will build on information accumulated over the past years to further develop material indicators for potential integration in the 2019 Real Estate Assessment.
- Resilience – A new Resilience module will be provided as an added voluntary option. This will collect data on the approach to resilience taken by real estate portfolios and assets, thereby supporting benchmarking and learning for participants.
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2018 GRESB Infrastructure Assessment Pre-release (both the Fund and Asset Assessment components)
Key changes include:
[two-thirds-first]
- Materiality – The Infrastructure Asset Assessment will introduce sector based materiality weightings to tailor the assessment to different infrastructure sectors.
- Standardization of inputs – Both Assessments will have fewer open text boxes, fewer ‘other’ options, and inputs will be restricted to industry standards. This will provide greater clarity for participants and allow for more insightful benchmarking.
- Greater alignment – The structure and terminology of both the Infrastructure Fund and Asset Assessments will be more closely aligned with the other GRESB Assessments and external frameworks.
- Improved Fund-Asset link – The fund-asset link between the two Assessments will be strengthened to increase reporting accuracy and reduce the potential for errors.
- Resilience – A new Resilience module will be provided as an added voluntary option. This will collect data on the approach to resilience taken by infrastructure assets, thereby supporting benchmarking and learning for participants.
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2018 GRESB Debt Assessment Pre-release
Key changes include:
[two-thirds-first]
- Sector-specific indicators – The Debt Assessment will incorporate sector specific indicators to tailor the Assessment to different types of real estate lending organizations.
- Greater alignment – The structure and terminology of the Debt Assessment will be more closely aligned with the other GRESB Assessments and external frameworks.
- Focus on loan portfolio – The Debt Assessment will place additional focus on the implementation-and monitoring of the loan portfolio.
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Further details will be provided on March 1, 2018 when we publish the Assessment Reference Guides, Health & Well-being Module and Resilience Module. For an overview of key dates and activities for the 2018 Assessment cycle please see the Assessment timeline.
If you have any questions or comments, please contact us.