Starlight Ranks First in Canadian MF with GRESB
Starlight Investments has earned the Global Real Estate Sustainability Benchmark top ranking in the Canada Residential Multi-Family non-listed peer group for the second straight year.
“This recognition is not just an accolade but a reflection of our dedication to creating complete communities that are both sustainable and beneficial for our residents,” said Marlee Kohn, Starlight’s vice-president of environment and social governance, in a news release. “As we continue to set new benchmarks in ESG practices, our focus remains on driving positive change and fostering a culture of responsibility and innovation.”
Toronto-based Starlight ranks as one of Canada’s largest institutional investors, developers and asset managers with more than 77,000 multi-residential suites and nine million square feet of commercial space. Recently, the company launched its U.K. expansion with a waterfront multi-residential development in Liverpool.
The GRESB ESG benchmark now covers about US$8.8 trillion of gross asset value, encompassing 2,084 real estate entities, 687 infrastructure assets and 172 infrastructure funds.
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