31 Oct 2023

Dexus continues leadership in GRESB rankings

Dexus continues leadership in GRESB rankings

Dexus has continued its strong sustainability performance in the Global Real Estate Sustainability Benchmark (GRESB) 2023 Real Estate Assessment, with multiple Dexus entities achieving 5 Star GRESB ratings.

Dexus entities identified as sector leaders include:

  • Dexus Healthcare Property Fund (DHPF) as the Global Non-Listed Leader for Healthcare in the Development Benchmark
  • Dexus Wholesale Property Fund (DWPF) as the Regional Sector Leader for Diversified (Office/Retail) in the Standing Investments Benchmark
  • Dexus Wholesale Property Fund (DWPF) as the Regional Sector Leader for Industrial in the Development Benchmark

All Dexus entities maintained or improved their ranking over previous results across all stabilised categories, with DWPF, DITA and DHPF achieving first place in their sectors for Oceania.

 Fund Star rating Oceania rank
 Dexus Wholesale Property Fund (DWPF) 5  1st out of 8 (3rd in 2022)
 Dexus Healthcare Property Fund (DHPF)  5  1st out of 9 (1st in 2022)
 Dexus Industrial Trust Australia (DITA)  4  1st out of 6 (N/A in 2022)
 Dexus Office Partnership (DOTA)  5  3rd out of 21 (5th in 2022)
 Dexus Office Trust (DOT)  5  3rd out of 24 (5th in 2022)
 Dexus Wholesale Shopping Centre Fund (DWSF)  5  6th out of 11 (10th in 2022)
 Dexus (DXS)  5  12th out of 41 (19th in 2022)

Dexus Head of Sustainability, Ramana James said: “Our sustainability aspiration is to unlock the potential of real assets to create lasting positive impact and a more sustainable tomorrow. GRESB is an important tool to help us measure our performance at an asset and portfolio level to ensure we deliver impactful sustainability outcomes.

“Many of our funds are leading the way in their sectors, delivering strong ESG outcomes. These results not only reflect our strong environmental and social performance but also give us confidence that we have the right governance and community stakeholder engagement structures needed to deliver long-term performance.”

GRESB is the international benchmark for Environmental, Social and Governance (ESG) performance of real assets. It is an important global standard used by investors to monitor their investments and understand performance across ESG principles which continues to play an increasing role in capital allocation. In 2023, there were 1923 entities participating in the Real Estate Standing Investments Benchmark Report and 682 entities participating in the Real Estate Development Benchmark Report.


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