Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Mindspace Business Parks REIT has been named a GRESB Sector Leader for 2025, earning a Green Star and 5-star GRESB rating for the third consecutive year. It scored a perfect 100 out of 100 in the Development Benchmark, ranking 1st across Office/Asia and Office/Listed categories, and 93 out of 100 in Standing Investment, ranking 2nd among 20 peers. The REIT achieved 40% renewable energy across its 12-asset portfolio spanning 25.2 million sq ft, surpassing its FY2025 RE100 target of 35%. Additional milestones include 100% on-site water reuse, 100% waste diversion from landfill, 99.9% green building certification, and a 32.2% reduction in GHG emissions versus the FY2020 baseline, tracking toward a Net Zero goal by 2042.
This is a positive ESG milestone that reinforces Mindspace REIT's global sustainability leadership but is unlikely to drive an immediate stock price reaction. It supports long-term appeal to ESG-focused institutional investors and tenants preferring green-certified office spaces, which can aid leasing and rent premiums over time.