Australia's Property Industry Retains Title As World's Greenest

For the fifth year running Australia and New Zealand have been recognised as having the world's most sustainable real estate practices, according the pre-eminent survey of global practice.

The results of the 2015 GRESB survey were announced in Sydney today covering real estate companies around the globe.

Australia and New Zealand blitzed other regions with a score of 69, well ahead of Asia (average score of 54), Europe (56) and North America (54).

Property Council of Australia Chief Executive Ken Morrison welcomed the outstanding results.

"The Australian property industry has every reason to hold its head up high and be proud of another tremendous GRESB result," Mr Morrison said.

"Not only is our industry keeping the economy growing and providing jobs for more Australians than almost any other - we are doing it sustainably, ranking as the world's greenest property industry.

"We are showing unheralded leadership when it comes to sustainability, regularly going well beyond what is required and, in the process, creating buildings, public spaces and communities of which future generations can also be proud.

"Three of the Property Council's corporate leader members have been singled out for special recognition in this year's GRESB results.

"Stockland, Lendlease and The GPT Group were all identified as regional sector leaders, and we congratulate them on relentlessly pushing the envelope and elevating sustainable practice to new heights."