Grand City Properties SA 2023 AR2
The report details Grand City Properties S.A.'s financial and non-financial performance for the year 2023. The company achieved a record low vacancy rate of 3.8% and a solid like-for-like rental growth of 3.3%, despite challenging macroeconomic conditions. On sustainability, the company progressed toward its target of reducing CO2 emissions by 40% by 2030 compared to 2019, conducting energy audits on 47 pilot buildings. Additionally, the company maintained a conservative financial profile with a low Loan-to-Value ratio of 37% and successfully completed property disposals of over 300 million euros.
Company: Grand City Properties SA
Sector: Real estate
Country: Luxembourg
Year: 2023
Type: AR2
Pages: 213
Grand City Properties SA
The report details Grand City Properties S.A.'s financial and non-financial performance for the year 2023. The company achieved a record low vacancy rate of 3.8% and a solid like-for-like rental growth of 3.3%, despite challenging macroeconomic conditions. On sustainability, the company progressed toward its target of reducing CO2 emissions by 40% by 2030 compared to 2019, conducting energy audits on 47 pilot buildings. Additionally, the company maintained a conservative financial profile with a low Loan-to-Value ratio of 37% and successfully completed property disposals of over 300 million euros.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 13, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees