Macerich achieved #1 ranking in 2015’s U.S. Retail Sector according to Global Real Estate Sustainability Benchmark (GRESB)

Ranking Underscores Macerich’s Thoroughly Integrated Focus on Sustainability

SANTA MONICA, Calif., 2015-9-15 — /EPR Retail News/ — Macerich (NYSE: MAC) today announced that it has achieved the #1 ranking in the U.S. Retail Sector in 2015 according to scores published by Global Real Estate Sustainability Benchmark (GRESB). GRESB is a leading measure of sustainability performance for real estate portfolios around the world.

“Macerich is fully committed to environmental stewardship, and this GRESB ranking is the culmination of years of focused effort and investment in sustainability,” said Ed Coppola, President, Macerich. “From our thoughtful and effective response to the drought in California to our powerful initiatives in renewable energy, Macerich has integrated sustainable strategies into every area of our business, which benefits the environment as well as our investors. Our program is socially responsible, operationally sound and financially disciplined.”

A top performer in GRESB’s Green Star rankings for two years running (formerly ranked 4th), Macerich is well recognized for its industry leadership in sustainability. Major awards include the 2014 NAREIT Retail “Leader in the Light,” as well as numerous LEED® Gold certifications from the U.S. Green Building Council, and awards of excellence from various chapters of NAIOP, the Commercial Real Estate Development Association.

Key results of Macerich’s successful and comprehensive focus on sustainability include a 29% decrease in energy use since 2009; $26.6 millionin operational cost savings from 2008 through 2014; recycling of more than 12,252 tons of waste per year; and the completion of 13 renewable energy projects with a total capacity of 10.5MW (by end of 2015) will rank Macerich in top 15 U.S. companies in terms of solar capacity.

For more information on Macerich’s sustainability efforts and impacts, please view the 2014 Sustainability Report.

About Macerich
Macerich, an S&P 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

Macerich currently owns 55 million square feet of real estate consisting primarily of interests in 51 regional shopping centers. Macerichspecializes in successful retail properties in many of the country’s most attractive, densely populated markets with significant presence in thePacific Rim, Arizona, Chicago and the Metro New York to Washington, D.C. corridor. Additional information about Macerich can be obtained from the Company’s website: www.macerich.com

SOURCE Macerich

Karen Maurer, Macerich, 602-708-6311, http://www.macerich.com

British Land named Regional Sector Leader for Europe/Diversified in 2015 GRESB global sustainability assessment of real estate portfolios

LONDON, 2015-9-4 — /EPR Retail News/ — Today (September 3, 2015), British Land is pleased to announce its latest achievement as Regional Sector Leader for Europe/Diversified in the 2015 GRESB global sustainability assessment of real estate portfolios.

This is the second year in a row that British Land has been ranked as a sector leader by GRESB and this was achieved primarily through evidence shown in environmental management systems to deliver significant energy reductions and efficiencies.

The dynamic benchmark is used by more than 50 institutional investors to engage with their investments with the aim of improving the sustainability performance of their investment portfolios and the global property sector at large. Broad sustainability issues such as risk assessments, policy management and stakeholder engagement are covered as well as more specific performance indicators on energy, waste and water.

The survey is also aligned with international reporting frameworks such as the Global Reporting Initiative (GRI), Principles for Responsible Investment (PRI) and the Dow Jones Sustainability Index (DJSI), both of which have independently verified British Land’s Sustainability reporting framework and processes for many years.

Justin Snoxall, Head of Sustainability, British Land said, ‘We are delighted to have been recognised in this way for the second year running. Our approach is one of continuous improvement and responding to our stakeholders. The investor community is a very important stakeholder group for British Land so as Regional Sector Leader in GRESB, we can further demonstrate how our sustainability strategy is providing long term tangible benefits to investors.’

Nils Kok, CEO, GRESB said, “Sector leaders demonstrate that they have grasped the sustainability challenges of a particular property type and have used that understanding to develop industry leading strategy and best practices.”

Contact:
Helen Lo, British Land 07912 572619

NOTES TO EDITORS

About British Land

We are one of Europe’s largest publicly listed real estate companies. We own, manage, develop and finance a portfolio of high quality commercial property, focused on retail locations around the UK and London Offices & Residential. We have total assets in the UK, owned or managed of £18.9 billion (British Land share of which is £13.6 billion), as valued at 31 March 2015. Our properties are home to over 1,200 different organisations ranging from international brands to local start ups. Our objective is to deliver long-term and sustainable total returns to our shareholders and we do this by focusing on Places People Prefer. People have a choice where they work, shop and live and we aim to create outstanding places which make a positive difference to people’s everyday lives. Our customer orientation enables us to develop a deep understanding of the people who use our places. We employ a lean team of experts, who have the skills to translate this understanding into creating the right places, and we have an efficient capital structure which is able to effectively finance these places.

UK Retail assets account for 55% of our portfolio. As the UK’s largest listed owner and manager of retail space, our portfolio is well matched to the different ways people shop today, from major regional shopping centres to single occupier locations. We are focused on being the destination of choice for retailers and their customers by being the best provider of spaces and services. Comprising around 22 million sq ft of retail space across shopping parks, superstores, shopping centres, department stores and leisure assets, the retail portfolio is modern, flexible and adaptable to a wide range of formats.

Our Office and Residential portfolio, which accounts for 45% of our portfolio is focused on London, We have an attractive mix of high‑quality buildings in well‑managed environments and a pipeline of development projects, which will add significantly to our portfolio. Increasingly, our offices are in mixed-use environments which include retail and residential elements. Our 6.7 million sq ft of high quality office space includes Regent’s Place and Paddington Central in the West End and Broadgate, the premier City office campus (50% share).

Our size and substance demands a responsible approach to business. We believe leadership on issues such as sustainability helps drive our performance and is core to the delivery of our overall objective of driving shareholder value and creating Places People Prefer.

Further details can be found on the British Land website at www.britishland.com

Citycon honoured again with Green Star status in the GRESB, Global Real Estate Sustainability Benchmark

Helsinki, Finland, 2015-9-2 — /EPR Retail News/ — Citycon was honoured again this year with Green Star status in the GRESB, Global Real Estate Sustainability Benchmark. Citycon received this recognition now for the fourth year in a row for its outstanding management and handling of key sustainability issues.

Compared to last year Citycon’s score increased by 15% and Citycon was globally among the top ten percent of all reviewed companies.

‘We find it is useful to be benchmarked against our peers and the recognition received gives further validation for the sustainability efforts performed during the past years. Furthermore we are eager to improve these great results also in the future’ says Johanna Kivelä, Sustainability Analyst at Citycon.

The GRESB Report and Survey Results for 2015 are based on sustainability data gathered from 707 property companies and funds, providing aggregate information on 61,000 properties, around the globe.

 

CITYCON OYJ

For further information, please contact:

Johanna Kivelä, Sustainability Analyst
+358 40 761 1577
Johanna.Kivela@citycon.com
Nils Styf, Chief Investment Officer
Tel. +46 733 50 60 39
nils.styf@citycon.com

 

Citycon Oyj (Nasdaq Helsinki: CTY1S) is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic and Baltic regions, managing assets that total EUR 5 billion and with a market capitalisation of approximately EUR 2 billion. For more information about Citycon, please visit www.citycon.com.

Kimco Realty Corp. recognized for its outstanding commitment to sustainability and transparency by CDP and GRESB

Achieves Climate Disclosure Leadership Index and Green Star Designations

NEW HYDE PARK, NEW YORK, 2014-9-24— /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) has been recognized by two leading investor-backed organizations for its outstanding  commitment to sustainability and transparency. Today the company was named to the S&P 500 Climate Disclosure Leadership Index (CDLI) by the nonprofit CDP, the world’s global environmental disclosure system, for the depth and quality of information it disclosed to investors and the global marketplace this year. Kimco’s leadership status was announced in the CDP S&P 500 Climate Change Report 2014, which details how S&P 500 member companies are creating environmental and economic value through their sustainability initiatives.

This is the first year that Kimco has earned a position in the CDLI. The annual index spotlights the top 10 percent of respondents that have demonstrated the highest level of transparency and data quality in their disclosure of climate-related information and reporting of greenhouse gas emissions. Sixty-three companies are featured in the 2014 CDLI. Kimco supplied this information to CDP’s network of 767 institutional investors, who represent more than $92 trillion in assets.

In addition to Kimco’s CDLI recognition, the company recently earned the Green Star designation by the Global Real Estate Sustainability Benchmark (GRESB), the highest designation for respondents. Kimco’s headline GRESB score increased by 67 percent relative to 2013, advancing the company into the top quartile of over 600 global respondents. Founded in 2011, GRESB is an industry-driven organization committed to assessing the sustainability performance of real estate portfolios internationally. It is backed by 46 institutional investors with $5.5 trillion in capital under management. The Green Star is awarded to companies in the real estate industry that measure, implement, manage, and develop corporate responsibility as part of their daily operations.“We started participating in CDP and GRESB four years ago and have steadily improved our scores over the past few years,” said Conor Flynn, President and Chief Operating Officer at Kimco. “Our improvement as measured by these two leading organizations follows from a focused and ongoing internal effort to improve our sustainability performance. Our team, led by Director of Sustainability Will Teichman, has invested considerable time and resources in
developing an industry-leading program and this year’s recognition by CDP and GRESB validates Kimco’s efforts in this strategically important area.”

About Kimco
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, New York, that owns and operates North America’s largest publicly traded portfolio of neighborhood and community shopping centers. As of June 30, 2014, the company owned interests in 840 shopping centers comprising 121 million square feet of leasable space across 41 states, Puerto Rico, Canada, Mexico and South America. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. For further information, please visit http://www.kimcorealty.com, the company’s blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

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Contact:
Will Teichman
Director of Sustainability
704-362-6123
wteichman@kimcorealty.com