We are excited to announce that Pradera has once again confirmed its leadership in sustainability through the outstanding performance of its Pradera European Retail Parks SCSp fund (“PERP”). In the 2025 Global Real Estate Sustainability Benchmark (GRESB) Real Estate Assessment, PERP achieved the highest ranking among all core European non-listed real estate companies under the Management score, showcasing the strength of Pradera’s governance framework, which is critical to ESG Performance.

PERP secured the top position for the fourth time within its peer group of core European retail warehouse funds and maintained its five-star GRESB rating for the third consecutive year. With a score of 93 points, PERP outperformed both the GRESB-wide average of 79 and its peer group average of 73, marking a two-point increase from its 2024 score and a remarkable rise from its initial 40-point score in 2018.

The 2025 GRESB survey further validates PERP’s sustainability progress, highlighting a like-for-like annual reduction of 8.2% in greenhouse gas emissions across all three scopes, along with a 1.6% decrease in water usage – demonstrating commitment to operational efficiency.

Colin Campbell, Pradera’s Chairman, commented: “We are thrilled to achieve the highest ranking among all core European non-listed real estate companies under the Management score – highlighting the strength of our governance framework. Maintaining our five-star GRESB rating and securing the top spot in our peer group is a powerful testament to our leadership. It also reflects the hard work and dedication of our teams, confirming that our commitment to ESG is not just strategic — it is performance-driven.”

Anna Finch, Pradera’s ESG Director, added: “This year, we focused on embedding our environmental management system across the company, streamlining processes and delivering sustainable solutions. These efforts are clearly reflected in our strong GRESB performance and prove that sustainability and performance go hand in hand at Pradera.”

Each year, GRESB assesses and benchmarks the performance of real assets worldwide, delivering trusted insights to financial markets on material performance factors that influence long-term value.

The GRESB Assessments are guided by what investors and the industry consider to be the most material issues in the performance of asset investments and are aligned with international reporting frameworks, goals and emerging regulations. This year’s participation in the GRESB Real Estate Assessment remained steady and in line with last year’s record levels, despite ongoing market uncertainty and geopolitical headwinds. Together, 1,002 fund managers (including 84 new members) completed 2,382 assessments, with 239 entities taking part in the inaugural Residential Component.