Highest Peer Group Ranking Achieved in Canadian Residential Category

TORONTO, Oct. 1, 2026 /CNW/ -- Starlight Investments ("Starlight"), a leading global real estate investment and asset management firm, today announced strong results in the 2026 Global Real Estate Sustainability Benchmark ("GRESB") Real Estate Assessment. In the Canadian Residential category, Starlight achieved the highest peer group ranking within its cohort, reflecting the company's continued commitment to advancing sustainability performance across its portfolio and operations. The results reflect Starlight's broader sustainability strategy, which focuses on responsible investment, operational excellence and creating long-term value for investors, residents and communities.

GRESB is a recognized global standard for assessing and benchmarking sustainability performance in the real estate sector. Participation in the annual assessment helps organizations evaluate environmental, social and governance ("ESG") performance, measure progress over time and identify opportunities for continuous improvement.

"We are pleased with this year's strong results, which reflect years of work to strengthen sustainability performance across our portfolio and operations," said Glen Hirsh, Chief Operating Officer, Starlight Investments. "GRESB's rigorous assessment provides valuable insight into where we are making progress and where we can continue to improve. The achievement of our Canadian Residential submission, alongside continued advancement across our other participating portfolios, is a testament to the commitment of our teams and our focus on creating long-term value through responsible real estate investment and management."

Sustainability Performance Supported by Long-Term Action

This year's results reflect the continued execution of Starlight's sustainability strategy and the company's commitment to integrating ESG throughout its investment, asset management and operational activities.

Starlight's 2026 results represent its strongest collective GRESB performance in five years of participation and reflect sustained efforts to strengthen sustainability performance across the business. In addition to its Canadian Residential submission achieving the highest peer group ranking within its cohort, Starlight recorded year-over-year performance improvements across its other participating residential and commercial portfolios, demonstrating broad-based progress across the organization.

The results were supported by ongoing enhancements to sustainability data quality and verification processes, expanded building-level certifications and the continued integration of sustainability considerations into decision-making across the business. Together, these efforts help strengthen transparency, accountability and performance measurement across Starlight's portfolio.

Advancing Sustainability Across the Portfolio

The strong GRESB results underscore the progress outlined in Starlight's most recent Sustainability Report, which highlights the company's efforts to advance environmental stewardship, climate resilience, governance and social impact across its operations and communities.

In recent years, Starlight has continued to strengthen its approach to climate risk management, including the assessment of physical and transition risks across its portfolio. The company also continues to advance its long-term decarbonization objectives, achieving a 27% reduction in carbon emissions intensity since 2019, alongside efforts to improve building performance and operational efficiency. These initiatives support more resilient assets while helping create long-term value for investors, residents and communities.

Beyond environmental initiatives, Starlight remains committed to fostering positive social impact. Through employee volunteer programs, community partnerships and initiatives that support resident well-being, the company continues to invest in the communities where it operates, with 87% of Canadian residents expressing satisfaction with their building. Starlight has also continued to advance programs focused on employee engagement, inclusion and governance, helping ensure sustainability remains embedded throughout the organization.

Supporting Transparency and Continuous Improvement

Participation in GRESB supports Starlight's commitment to transparency, accountability and continuous improvement. By benchmarking performance against industry peers and globally recognized standards, the company continues to strengthen its sustainability performance while contributing to broader industry efforts to advance responsible real estate investment and management.

About GRESB

GRESB is your strategic partner for sustainable investments across real assets and climate-critical industries. Together, we help you build more resilient, efficient, and financially attractive portfolios for long-term success. Learn more at gresb.com.

About Starlight Investments

Starlight Investments is a leading global real estate investment and asset management firm headquartered in Toronto, Ontario, Canada. A privately held owner, developer and asset manager of over 70,000 multi-residential suites and over 7 million square feet of commercial property space with CAD $30 billion in AUM, Starlight offers a range of investment vehicles across various real estate strategies. Starlight's guiding mission is to balance its tenure with visionary curiosity to create positive impact for investors and communities alike. At Starlight, we invest with impact.

Learn more at www.starlightinvest.com or connect with us on LinkedIn.

SOURCE Starlight Investments