Thomas Properties Receives GRESB and NAREIT Sustainability Honors
29 Novembro 2012 - 2:00PM
Business Wire
Thomas Properties Group Inc. (NASDAQ: TPGI), a leader in
sustainable and green building practices for the commercial real
estate industry, has been ranked #1 in the Americas in the Office
Sector for environmental, social, and governance performance for
the second consecutive year in the Global Real Estate
Sustainability Benchmark (GRESB) Report. In addition, TPGI has been
honored by the National Association of Real Estate Investment
Trusts (NAREIT) with its Leader in the Light Award in the small cap
office category.
In September, the GRESB released its 2012 GRESB Report, which is
based on sustainability data gathered from almost 450 real estate
owners around the world. This report provides aggregate information
for 36,000 properties, representing $1.3 billion in assets. “For
Thomas Properties Group to earn the top place in the Americas in
the Office category for the second year places them among the
global leaders in sustainability,” said Dr. Nils Kok, Executive
Director of GRESB.
The NAREIT Leader in the Light Award, awarded this year based
upon the GRESB survey, honored NAREIT member companies that have
demonstrated superior portfolio-wide energy use practices and
sustainability initiatives.
“We are proud to have achieved these important rankings that
recognize our company’s long-standing commitment to sustainable
practices across our property portfolio. Our sustainability
initiatives strive to save energy and resources, achieve high
performance and reduce operating costs,” said Randall L. Scott,
Executive Vice President of Thomas Properties Group. “Our
accomplishments in this area are a reflection of our top-quality
property managers who are constantly looking to implement building
operating strategies that make our buildings more efficient and
sustainable.”
About Thomas Properties Group
Thomas Properties Group, Inc., based in Los Angeles, is a
full-service real estate company that owns, acquires, develops and
manages primarily office, as well as mixed-use and residential
properties on a nationwide basis. The company's primary areas of
focus are the acquisition and ownership of premier properties, both
on a consolidated basis and through its strategic joint ventures,
property development and redevelopment, and property management and
leasing activities. For more information about Thomas Properties
Group, Inc., please visit www.tpgre.com.
About GRESB
The Global Real Estate Sustainability Benchmark Foundation is an
industry-led organization committed to rigorous and independent
evaluation of the sustainability performance of real estate
portfolios. GRESB works in tandem with institutional investors and
their portfolio managers to identify and implement sustainability
best practices in order to enhance and protect shareholder value.
The Global Real Estate Sustainability Benchmark is endorsed and
actively used by 35 of the world’s leading institutional investors,
rewarding actions and measurable performance. GRESB’s global
membership includes more than 35 institutional real estate
investors and investment managers, all major real estate industry
associations, and a large number of consultants and product
vendors.
Forward Looking Statements
Statements made in this press release that are not historical
may contain forward-looking statements. Although TPGI believes the
expectations reflected in any forward-looking statements are based
on reasonable assumptions, these statements are subject to numerous
risks and uncertainties. Factors that could cause actual results to
differ materially from TPGI’s expectations include actual and
perceived trends in various national and economic conditions that
affect global and regional markets for commercial real estate
services (including interest rates), the availability of credit and
equity investors to finance commercial real estate transactions,
our ability to enter into or renew leases at favorable rates, which
can be impacted by the financial condition of our tenants, risks
associated with the success of our development and property
redevelopment projects, general volatility in the securities and
credit markets, and the impact of tax laws affecting real estate.
For a discussion of some of the factors that may cause our results
to differ from management’s expectations, see the information under
the captions “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” in our
Form 10-K for the year ended December 31, 2011 and our subsequent
Form 10-Q quarterly reports, each of which is filed with the
Securities and Exchange Commission. TPGI disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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