RC2: Economic Size – Above Green

Aggregate Gross Asset Value (GAV) (in millions): ____________

Aggregated Net Asset Value (NAV) (or invested capital) (in millions):

Intent

Establish the economic size of the entity.

Requirements

Complete the measure(s) of the economic size of the entity in terms of aggregate Gross Asset Value (GAV) and aggregate Net Asset Value (NAV), both in millions (e.g. $75,000,000 must be reported as 75). Both values should be provided as at the end of the reporting year.

As with all information provided to GRESB, this information will be kept confidential to just you and any investors for which you give access permission.

2020 changes: Economic Size clarified to require reporting of Aggregated GAV. Committed Capital is replaced by Aggregate Net Asset Value (NAV).

Do not include a currency (symbol) with the value provided, as this has been reported in indicator RC1 above, but make sure the value reported is consistent with the currency selected in RC1.

Other: Other answer must be outside the options listed in the indicator to be valid. State the primary measure of economic size and the applicable value.

Terminology

Aggregate Gross Asset Value (GAV): The total value of assets owned by the entity.

Aggregate Net Asset Value (NAV) or Invested Capital: The total equity invested in assets by the entity. Aggregate NAV = Aggregate GAV - Aggregate Debt.

References

INREV Guidelines, Definitions, 2017