Hongkong Land Holdings : H78 +0.58% topped a well-tracked environmental, social and governance (ESG) benchmark for the real estate sector for the first time this year, despite stiffer competition all around.
The Global Real Estate Sustainability Benchmark (GRESB) rankings released on Tuesday (Oct 17) named the Singapore-listed diversified property group as a global sector leader among listed entities under its development benchmark. This puts Hongkong Land in the same league as Castellum, touted as the Nordic region’s most sustainable property company, and Hong Kong’s Swire Properties, which had topped the benchmark at least three years in a row.
