October 15, 2021
For Immediate Release
Name of REIT Issuer:
CRE Logistics REIT, Inc.
2-10-1, Toranomon, Minato-ku, Tokyo, Japan
Tsuyoshi Ito, Executive Director
(TSE Code: 3487)
Asset Manager
CRE REIT Advisers, Inc.
Tsuyoshi Ito, President
Person of Contact:
Hirohisa Toda, Head of Corporate Planning
Tel: +81-3-5575-3600
Notice Concerning GRESB Assessment Results
CRE Logistics REIT, Inc. ("CRE REIT") hereby announces CRE REIT participated in GRESB
(Note) for the first time this year and received "3 Stars" and "Green Star" in the GRESB Real Estate
Assessment, and the highest "A Level" for the GRESB Public Disclosure. Details are as follows.
１．GRESB Real Estate Assessment
In the 2021 GRESB Real Estate Assessment, CRE REIT received a "3 Stars"
in GRESB Rating, which is based on GRESB Overall Score and its quintile
position relative to global participants. It also won a "Green Star" designation
by achieving high performance both in "Management Component" that
evaluates policies and organizational structure for ESG promotion, and
"Performance Component" that assesses environmental performance and
tenant engagement of properties owned.
２．GRESB Public Disclosure
CRE REIT also received the highest "A Level" for the GRESB Public Disclosure, which assess the
width of ESG disclosure.
(Note) GRESB is an annual benchmarking assessment to measure ESG (Environmental, Social and Governance) integration of real estate companies and funds, as well as the name of organization which runs the assessment. It was founded in 2009 by a group of major European pension funds who played leading roles in launching Principles for Responsible Investment (PRI). Currently, 140 Investor Members (with more than $47 trillion in assets under management) use GRESB data for their investment decision-making and engagement with investees, and several institutions from Japan including Government Pension Investment Fund (GPIF) utilize GRESB Assessment results. In 2021, 1,520 listed or private real estate companies/funds participated in GRESB Real Estate Assessment.
* CRE Logistic REIT, Inc. website: https://cre-reit.co.jp/en/
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