LOS ANGELES--(BUSINESS WIRE)--
Kilroy Realty Corporation(NYSE: KRC) announced today that
for the fourth time it has been named the North American office leader
in sustainability by GRESB. GRESB is widely recognized as the most
rigorous standard for measuring the sustainability performance of real
estate companies and funds, and GRESB participation has become standard
practice for most of the world’s fund managers and listed property
companies. GRESB ranked KRC first among 49 North American office
participants.
In addition, KRC has been added to the Dow Jones Sustainability World
Index. Established in 1999, the Dow Jones Sustainability Index (DJSI)
serves as a benchmark for investors who are committed to ethical
investing and sustainability performance as part of their investment
strategy. DJSI includes 319 top ranked companies on sustainability
across 60 industries. Only three North American real estate companies
were named to the DJSI World Index this year.
“We are deeply honored to achieve recognition as a market leader in
sustainability both from GRESB and DJSI. Our longstanding commitment to
sustainability throughout our stabilized and development portfolios
requires the dedication of everyone at KRC, especially as we expand our
programs to other areas, including human health and biodiversity,” said
Sara Neff, the company’s Senior Vice President of Sustainability.
About GRESB. GRESB is an industry-driven organization
committed to assessing the sustainability performance of real estate
portfolios (public, private and direct) around the globe. The dynamic
benchmark is used by institutional investors to engage with their
investments with the aim to improve the sustainability performance of
their investment portfolio, and the global property sector at large.
The 2017 GRESB Report is based on sustainability data gathered from over850 property companies and funds. More than 65 institutional and
retail investors, collectively representing over USD 17 trillion in
institutional capital use GRESB data and analytical tools.
About DJSI. Created jointly by S&P Dow Jones Indices and
RobecoSAM, the DJSI index family combines the experience of an
established index provider with the expertise of a specialist in
sustainability investing to select the most sustainable companies from
across 60 industries.
About Kilroy Realty Corporation. Kilroy Realty Corporation
(KRC), a publicly traded real estate investment trust and member of the
S&P MidCap 400 Index, is one of the West Coast’s premier landlords. The
company has over 70 years of experience developing, acquiring and
managing office and mixed-use real estate assets. The company provides
physical work environments that foster creativity and productivity and
serves a broad roster of dynamic, innovation-driven tenants, including
technology, entertainment, digital media and health care companies.
At June 30, 2017, the company’s stabilized portfolio totaled
approximately 14.4 million square feet of office space and 200
residential units located in the coastal regions of Los Angeles, Orange
County, San Diego, the San Francisco Bay Area and Greater Seattle. In
addition, KRC had four projects totaling approximately 1.8 million
square feet of office space, 237 residential units and 96,000 square
feet of retail space under construction.
The company is recognized by GRESB as the North American leader in
office sustainability for the last four years and is listed in the Dow
Jones Sustainability World Index. At the end of the second quarter, the
company’s stabilized portfolio was 52% LEED certified and 71% of
eligible properties were ENERGY STAR certified. More information is
available at http://www.kilroyrealty.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170911006218/en/
Kilroy Realty Corporation
Sara Neff
Senior Vice President,
Sustainability
310-481-8449
sneff@kilroyrealty.com
Source: Kilroy Realty Corporation