Press Releases
Prosperity REIT Wins Two Awards at the HKQAA Hong Kong Green and Sustainable Finance Awards 2024
Hong Kong, 22 October 2024 – ESR Asset Management (Prosperity) Limited (the "REIT Manager"), as manager of Prosperity Real Estate Investment Trust ("Prosperity REIT") [SEHK: 808], is pleased to announce that Prosperity REIT has won the “Outstanding Award for Green and Sustainable Loan Issuer (Real Estate Investment Trust) - Visionary Sustainability-linked Loan Performance Metrics” and the “Pioneering Award for ESG Disclosure Contribution” at the Hong Kong Green and Sustainable Finance Awards 2024 (the “Awards”) organized by Hong Kong Quality Assurance Agency (“HKQAA”).
The Awards aim to recognize the efforts and contributions of organizations in advancing green and sustainable finance, carbon neutrality, climate risk disclosure and ESG disclosure for the sustainable development of Hong Kong. Being the first Hong Kong REIT to achieve 100% sustainability-linked financing back in 2022, Prosperity REIT has taken a step further this year by securing Hong Kong’s first Green and Transition Loan in the real estate industry. Prosperity REIT will implement its Sustainability Roadmap 2030 by leveraging sustainable financing and the Science Based Targets initiative (“SBTi”) framework.
Ms. Mavis Wong, CEO and Executive Director of the REIT Manager, remarked, “We are honoured to receive these prestigious awards at the Hong Kong Green and Sustainable Finance Awards 2024. These recognitions underscore our commitment to sustainability practices and ESG disclosure transparency. We will continue to drive forward with green initiatives to create long-term value for our stakeholders.”
About Prosperity REIT
Prosperity REIT [SEHK: 808] is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Prosperity REIT owns a diverse portfolio of seven high-quality properties in the decentralized business districts of Hong Kong, comprising all, or a portion of, three Grade A office buildings, one commercial building, two industrial/office buildings and one industrial building, with a total gross rentable area of about 1.28 million sq. ft..
About the REIT Manager
ESR Asset Management (Prosperity) Limited (the "REIT Manager") is the manager of Prosperity REIT. The REIT Manager is a wholly-owned subsidiary of ESR Group Limited. ESR Group is Asia-Pacific’s leading New Economy real asset manager and one of the largest listed real estate investment managers globally.
Disclaimer
The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Prosperity REIT in Hong Kong or any other jurisdiction.
Media and Investor Contacts
|
Vicho Chung Manager, Investments and Investor Relations (852) 2169 0928 |
Kenny Kwong Assistant Manager, Investor Relations & Research (852) 2169 0928 |