BGO’s London-based Welput strategy achieves class-leading top ranking in the 2025 Global Real Estate Sustainability Benchmark

London (October 10, 2025) – BGO today announced that its central London office strategy, Welput, has achieved its strongest ever results in the 2025 Global Real Estate Sustainability Benchmark (GRESB) Report, demonstrating exemplary leadership in sustainability for the third consecutive year. Welput maintained a 5-star rating for Standing Investments (recognising the sustainability performance of its existing assets) and achieved a record score of 93/100 – its highest result to date. The strategy also continued to demonstrate excellence in Development (assessing sustainability practices across new projects and refurbishments) with a 4-star rating and a score of 97/100.

GRESB assesses sustainability performance across real estate and infrastructure investors and developers, benchmarking firms based on environmental, social, and governance (ESG) factors, including energy efficiency, carbon performance, stakeholder engagement, and data transparency.

Key highlights from Welput’s 2025 results include:

• Standing Investments: Maintained a 5-star rating, placing in the top 20% of global participants. The threshold for 5 stars increased by 1.5 points this year, underscoring the significance of this achievement. Welput achieved a score of 93/100.
• Development: Achieved a strong score of 97/100 with a 4-star rating.

The fund’s portfolio includes 105 Victoria Street, which is set to become the UK’s largest all-electric, net-zero operational building upon completion in 2026. Designed with life-cycle carbon analysis, embodied carbon assessments, and a fossil fuel-free energy strategy, the building aims to achieve net-positive carbon operations within six years. With features such as a high-performance façade, modular adaptability, and an urban farm encouraging community engagement, the project represents a new standard in sustainable office development.

Alexander Morris, Managing Director at Welput, commented: “Achieving our highest ever GRESB score for Standing Investments while maintaining strong results in Development is a testament to the long-term vision and dedication of our team. As we move towards completing landmark projects such as 105 Victoria Street, Welput remains focused on creating resilient, world-class, and socially responsible places for London’s future.”

Johnathan Walker, Principal, Sustainable Investing at BGO, commented: “This year’s results reflect our continued commitment to integrating sustainability and governance into every stage of the investment and development process. The Welput team at BGO exemplifies how innovation, sustainability, and a tenant-first mindset come together to shape some of the most dynamic workplaces of the future.”

Welput’s results this year continue to reinforce its leadership position in the integration of sustainability fundamentals and performance in its award-winning real estate portfolio. The fund’s performance builds on over a decade of consistently strong results since its first GRESB submission in 2014.

About Welput

Welput was formed in 2001 and is the largest unlisted specialist real estate fund to invest in and develop Central London offices. The fund currently holds a portfolio of 10 assets, comprising 1.2 million sq. ft of accommodation, spread across Central London’s core sub-markets. Welput is wholly managed by BGO and is supported by a dedicated team of in-house specialists with extensive experience in the fund, asset and development management of London properties.

Since inception, the team has developed over 3.3m sq. ft of accommodation on behalf of Welput and other BGO funds. Welput’s development strategy looks to challenge and outperform industry standards rather than tick boxes - continually seeking new and innovative ways to create a long-term positive impact on the city, but more importantly, the planet and the people who depend on it. Maximising social impact is a key objective and a strategy for enhanced consultation with local communities helps to drive decision-making - connecting people and creating opportunity.

Welput’s world class and planet friendly places are designed with the future in mind. A pragmatic and prudent approach to management ensures the infrastructure and agility to meet evolving occupational and environmental needs. Over 20 years, Welput has forged long-term, collaborative relationships with many of the world's leading businesses, and continues to seek like-minded partners.

For more information, please visit www.welput.com

About BGO

BGO is a leading, global real estate investment management advisor and a globally-recognised provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $89 billion USD of assets under management (as of June 30, 2025) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 25 cities across 12 countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets.

BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.

The assets under management shown above includes real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q24, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment.

For more information, please visit www.bgo.com

Media Contact

Rahim Ladha, Global Head of Communications, BGO
media@bgo.com