MPACT and Singapore Land top 2026 GRESB rankings

At a glance	Details
Top standing-investments entities	MPACT and Singapore Land
Benchmark	2026 GRESB annual report
Published	Oct 27, 2026
Benchmark users	More than 170 institutional and financial investors
Sustainable financing	S$3.3 billion as at end-June

In the standing-investments category of the 2026 Global Real Estate Sustainability Benchmark, Mapletree Pan Asia Commercial Trust and Singapore Land were named global sector leaders, The Business Times reported. Hongkong Land, meanwhile, ended a three-year run as a leader in the development category but remained a leader for standing investments.

MPACT and Singapore Land reached the top tier

Under GRESB, listed property companies and real estate investment trusts are assessed on their management of portfolios consisting of buildings already in operation. Its development category separately covers portfolios containing uncompleted construction and significant renovation projects.

The annual report, published on Oct 27, 2026, identified MPACT and Singapore Land as global sector leaders among listed entities in the standing-investments benchmark (c2charts.shareinvestor.com). It was the first time both had reached the top position. VivoCity is a key asset in MPACT’s portfolio.

Other Singapore names also recorded changes. CapitaLand Integrated Commercial Trust regained its standing-investments leadership after falling out of the category in 2025, having previously held it in 2024. Three years after its previous leader designation, Lendlease Global Commercial Reit returned to the standing-investments leader group.

MPACT and Singapore Land joined the standing-investments global sector leaders for the first time.
Hongkong Land retained its standing-investments position but ended its three-year run as a development leader.

Standing assets were separated from development

The distinction is central to the results. A standing-investments ranking concerns buildings already in operation, while a development ranking examines portfolios with uncompleted construction and significant renovation projects. Hongkong Land remained a standing-investments global sector leader even though it was no longer a leader in the development benchmark.

GRESB evaluates entities every year through two benchmarks. More than 170 institutional and financial investors refer to its rankings when making decisions, with interest-rate savings from sustainability-linked loans among the uses. The development category is the published benchmark for portfolios involving uncompleted construction and significant renovation projects.

CapitaLand Ascott Trust and Frasers Logistics and Commercial Trust were two of the Singapore-listed real estate companies that kept their standing-investments global sector leader rankings from 2025. CapitaLand Ascott Trust has also received global sector leader recognition in the hotel category in recent years.

Sustainable finance was tied to GRESB results

In an earlier statement, CapitaLand Investment reported that its listed and private funds delivered strong results in the 2026 assessment. At end-June, CapitaLand Investment and its listed funds had secured S$3.3 billion in sustainable financing. Sustainability-linked loans pegged to GRESB performance metrics accounted for S$2.9 billion.

Five-star ratings were retained by CapitaLand China Trust, CapitaLand India Trust and CapitaLand Integrated Commercial Trust, while CapitaLand Ascott Trust moved up from four stars to five. Four-star ratings went to CapitaLand Investment, CapitaLand Ascendas Reit and CapitaLand Malaysia Trust.

Andrew Jasudasen, chief sustainability and sustainable investments officer at CapitaLand Investment, said the company continues to prioritise sustainable growth, operational excellence and disciplined capital management as it seeks resilient long-term returns and safeguards value for investors and stakeholders.

CapitaLand Investment also said its sustainability performance continued to support its financing strategy. PropertySpy reported commercial borrowing costs hovering between 3% and 4% and said highly efficient buildings can deliver lower operating overheads and cushion net property income.

Six Frasers entities received recognition

Frasers Property said six of its entities received recognition, reflecting the group’s continued sustainability performance and deeper integration of ESG considerations across its diversified portfolio. According to the company, that recognition demonstrated sustained sustainability performance and increased incorporation of ESG considerations within its varied property holdings.

The 2026 GRESB annual report was published on Oct 27.