As a Hong Kong-listed real estate investment trust (REIT), Yuexiu REIT (0405.HK) continues to benchmark against international capital market ESG standards and refine its sustainable asset operation and management system. In the latest results of the GRESB Global Real Estate Sustainability Benchmark assessment, Yuexiu REIT has once again been awarded the Sector Leader title and the highest 5-Star rating, ranking first in Asia within the Diversified Real Estate peer group. The REIT has also secured the highest A-rating for GRESB public disclosure for six consecutive years, leading comparable participants in China. Backed by sound, transparent and well-structured governance capabilities, it has earned consistent recognition from globally authoritative sustainability assessment institutions.

GRESB is a highly credible sustainability assessment framework for the global real estate sector. Its 2026 assessment attracted nearly 3,000 organisations globally, reflecting intensifying competition among participants. For the Standing Investments peer group this year, the average score of participants stood at 80.9 out of 100, representing a 2.4% increase from the 2025 average of 79. The threshold for the 5-Star Rating has narrowed to 90.8–97.7 points (compared with 89.5–97.7 points in 2025), demonstrating continuously raised assessment criteria.
GRESB Sector Leader is one of the highest honours conferred under the annual GRESB assessment. It recognizes entities that achieve the highest score within their peer group, as well as those whose score is within 1 point of the top score. Amid fierce global competition this year, drawing on its long-established sustainable management system, Yuexiu REIT has once again obtained the highest 5-Star Rating and retained the Sector Leader title for the second consecutive years, ranking first in Asia in the Diversified Real Estate peer group.
ESG leadership is ultimately embodied in practical operations of existing assets. As a Hong Kong-listed REIT, Yuexiu REIT continuously advances green renewal of its core landmark assets and explores an integrated model of “green retrofitting + asset value enhancement” for premium commercial properties.
The renewal project of its Guangzhou Four Seasons Hotel, a city super high-rise landmark, serves as a flagship example of sustainable upgrading for the Fund’s high-quality existing assets. Unlike conventional green retrofits that focus primarily on energy conservation and carbon reduction, this project prioritises indoor human health and environmental safety. Renovation works for guestrooms and public areas were implemented in phased and staggered zoned to maintain uninterrupted hotel operations, and the project has successfully obtained the Gold Certification for Nearly Zero-pollution Interior Decoration. Benchmarking advanced green built-environment standard, pollutant simulation analysis was conducted at the design stage. Low-pollution construction materials including E0-grade wood panels and eco-friendly water-based paints were selected, alongside a strict material access inspection mechanism to deliver full-process control over construction pollution, dust and noise. Upon completion, formaldehyde and TVOC levels in guestrooms and public areas are substantially better than national standards. Balancing premium guest experience, healthy indoor environment and low-carbon objectives, the upgrade has achieved dual improvements in the quality and operating performance of the landmark asset. The project demonstrates a viable path for synergistic growth of environmental, social and investment returns for existing commercial assets, setting an industry benchmark for retrofits that prioritise both carbon reduction and human health.

Headquartered in Hong Kong and with deep roots in the Guangdong-Hong Kong-Macao Greater Bay Area, Yuexiu REIT adopts an international asset management mindset. Moving beyond short-term asset appreciation, the REIT focuses on value cultivation and sustainable iteration of existing assets.
The REIT systematically builds a mature, resilient and transparent sustainable operation system for held real estate assets around four core pillars: strengthening the ESG governance framework, delivering green retrofits for existing assets, innovating green financial instruments and enhancing high-standard information disclosure. By continuously consolidating governance foundations, driving low-carbon upgrading of existing assets, expanding green financing channels and refining disclosure aligned with international standards, Yuexiu REIT elevates its sustainability management performance to meet the valuation criteria of global institutional investors, and facilitates the coordinated improvement of industry-wide sustainability capabilities.

Moving forward, Yuexiu REIT will continue to benchmark against global real estate asset management leaders, strengthen its capabilities in green operation of premium existing assets, steadily unlock long-term asset value, and deliver robust and sustainable total returns for unitholders, the market and urban development.
