{"id":390088,"date":"2020-11-30T18:18:34","date_gmt":"2020-11-30T23:18:34","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390088"},"modified":"2020-11-30T18:18:34","modified_gmt":"2020-11-30T23:18:34","slug":"capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\/","title":{"rendered":"CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Nov.  30, 2020  (GLOBE NEWSWIRE) &#8212; Canadian Apartment Properties Real Estate Investment Trust (\u201cCAPREIT\u201d) (TSX: CAR.UN) announced today that it earned a Green Star designation in its inaugural submission to the 2020 Global Real Estate Sustainability Benchmark (GRESB).<\/p>\n<p align=\"justify\">Ranked 6th amongst the participating listed residential multi-family companies in North America, CAPREIT\u2019s strong performance in its first GRESB submission is the result of an ongoing commitment to environment, social and governance (ESG) as an integral part of CAPREIT\u2019s sustainable leadership strategy. For over a decade, CAPREIT has integrated ESG practices into the way it invests in its assets, manages its operations, engages with its communities and communicates with its stakeholders. This submission to GRESB is a formal recognition of the strength of these initiatives.<\/p>\n<p align=\"left\">\u201cWe are very proud of our inaugural GRESB ranking, which is a testament to CAPREIT\u2019s long-standing belief that integrating sustainable practices into all aspects of our corporate culture will drive results and support CAPREIT\u2019s long-term strategy as Canada\u2019s leader in the multi-family residential industry, which will ultimately deliver better-measured results to our unitholders,\u201d commented Mark Kenney, President and CEO.<\/p>\n<p align=\"left\">CAPREIT\u2019s 2019 ESG report can be found on the ESG page of CAPREIT\u2019s website at www.caprent.com. The report gives an update on CAPREIT\u2019s ESG objectives, initiatives and accomplishments.<\/p>\n<p align=\"justify\">\n        <strong>ABOUT GRESB<\/strong><br \/>\n        <br \/>GRESB is a mission-driven and investor-led organization providing standardized and validated Environmental, Social and Governance (ESG) data to the capital markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world.\u00a0In 2020 alone, more than 1,200 real estate portfolios reported to GRESB covering more than 96,000 assets. Their coverage for infrastructure includes more than 540 infrastructure portfolios and assets. Combined, the reported assets represent US $5.3 trillion AUM.\u00a0The data is used by more than 100 institutional and financial investors to monitor investments across portfolios and navigate the strategic choices needed for the industry to transition to a more sustainable future. Learn more at <a href=\"http:\/\/gresb.com\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">GRESB.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>ABOUT CAPREIT <\/strong><br \/>\n        <br \/>As Canada\u2019s largest publicly-traded provider of quality rental housing, CAPREIT currently owns or has interests in approximately 67,300 residential apartment suites, townhomes and manufactured housing community sites well-located across Canada, in the Netherlands and Ireland. For more information about CAPREIT, its business and its investment highlights, please visit our website at <a href=\"http:\/\/www.caprent.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.caprent.com<\/a> or <a href=\"http:\/\/www.capreit.net\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.capreit.net<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS <\/strong><br \/>\n        <br \/>All statements in this press release that do not relate to historical facts constitute forward-looking statements. These statements represent CAPREIT&#8217;s intentions, plans, expectations and beliefs and are subject to certain risks and uncertainties that could result in actual results differing materially from these forward-looking statements. These risks and uncertainties are more fully described in regulatory filings that can be obtained on SEDAR at www.sedar.com.<\/p>\n<p align=\"justify\">\n        <strong>For more information, please contact:<\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:33%;width:33%;min-width:33%;vertical-align: top\">CAPREIT <br \/>Mr. Michael Stein <br \/>Chairman <br \/>(416) 861-5788<\/td>\n<td style=\"max-width:33%;width:33%;min-width:33%;vertical-align: top\">CAPREIT <br \/>Mr. Mark Kenney <br \/>President &amp; CEO <br \/>(416) 861-9404<\/td>\n<td style=\"max-width:34%;width:34%;min-width:34%;vertical-align: top\">CAPREIT <br \/>Mr. Scott Cryer <br \/>Chief Financial Officer <br \/>(416) 861-5771<\/td>\n<\/tr>\n<\/table>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NDIxOSMzODQ5Mzg5IzIwMDU4Njk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e7e1d93d-8148-477e-a91a-bf68922a2ffd\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) &#8212; Canadian Apartment Properties Real Estate Investment Trust (\u201cCAPREIT\u201d) (TSX: CAR.UN) announced today that it earned a Green Star designation in its inaugural submission to the 2020 Global Real Estate Sustainability Benchmark (GRESB). Ranked 6th amongst the participating listed residential multi-family companies in North America, CAPREIT\u2019s strong performance in its first GRESB submission is the result of an ongoing commitment to environment, social and governance (ESG) as an integral part of CAPREIT\u2019s sustainable leadership strategy. For over a decade, CAPREIT has integrated ESG practices into the way it invests in its assets, manages its operations, engages with its communities and communicates with its stakeholders. This submission to GRESB is a formal recognition of the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390088","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) &#8212; Canadian Apartment Properties Real Estate Investment Trust (\u201cCAPREIT\u201d) (TSX: CAR.UN) announced today that it earned a Green Star designation in its inaugural submission to the 2020 Global Real Estate Sustainability Benchmark (GRESB). Ranked 6th amongst the participating listed residential multi-family companies in North America, CAPREIT\u2019s strong performance in its first GRESB submission is the result of an ongoing commitment to environment, social and governance (ESG) as an integral part of CAPREIT\u2019s sustainable leadership strategy. For over a decade, CAPREIT has integrated ESG practices into the way it invests in its assets, manages its operations, engages with its communities and communicates with its stakeholders. This submission to GRESB is a formal recognition of the &hellip; Continue reading &quot;CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-30T23:18:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NDIxOSMzODQ5Mzg5IzIwMDU4Njk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission\",\"datePublished\":\"2020-11-30T23:18:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\\\/\"},\"wordCount\":500,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NDIxOSMzODQ5Mzg5IzIwMDU4Njk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/capreit-awarded-green-star-designation-in-inaugural-2020-global-real-estate-sustainability-benchmark-submission\\\/\",\"name\":\"CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission - 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