Home
About Us
It's a sign of the times: A real estate research firm has been bought by a private equity firm in a deal that values the company at more than $1 billion.
The New York Times reports on GRESB's sale to General Atlantic, which will acquire a majority stake in the company.
GRESB, which is based in New York City and Amsterdam, provides standards and benchmarks for sustainable real estate, and its CEO says the deal will allow the firm to "support the next phase of growth through strategic expansion and product innovation."
The Times notes that real estate is one of the biggest sources of greenhouse gas emissions, and GRESB says its research has shown that carbon emissions from real estate contribute to about 40% of global greenhouse emissions.
"With buildings and real estate accounting for 40% of global greenhouse emissions, data is key to unlocking the opportunity to deliver net-zero, resilient assets," General Atlantic's managing director says in a statement.
GRESB will continue to operate as an independent not-for-profit, and its CEO says the firm plans to "reinvest into the company and continue its ongoing work driving GRESB's growth and impact."
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"We believe in the transformative power of AI and its potential to create positive change," says Anita Whitehead, head of impact at audit, tax, and advisory firm KPMG, which this week announced an...more
When it comes to environmental, social, and governance (ESG) considerations when investing, Malaysia is at the top of the list, according to Digital Edge Malaysia. And that's not just because the...more
Three women from Australia's Indian community have been named in the country's Order of Australia for their contributions to society. Harinder Kaur, 29,Niharika Hiremath, 29, and Sakshi Thakur,...more
Pritika Mehta, an Indian-American entrepreneur who holds a master's in artificial intelligence from the State University of New York, is "shaping the pathway for Indian startups looking to plunge...more
"San Francisco is about the same size as my hometown, Chandigarh," Pritika Mehta tells Hindustan Times. "But this small city has changed the world.... The kind of conversations that happen...more
"Politics is like a quilt formed of hundreds of patches that come together, creating security and strength," Michael Mantha writes in the Sault Star. "I know from experience that great things can...more
Pharmaceutical giant Sanofi is looking for a VP of external innovation for its Consumer Healthcare business. The ideal candidate will have at least five years' experience in a similar position...more
The University of Maryland's Center for Entrepreneurship is known for its support of entrepreneurship and innovation in the US, but it's now looking to expand its reach into Africa. The center,...more
Greece's economy grew by 0.7% in the first quarter of this year, the country's statistics service announced today, which is a lot better than the government's initial forecast of 0.3%. The...more
There's a new way to invest in the world, and it involves putting your money where your mouth is. In a new video, 3Bank's CEO Vladimir Vukotic and fund manager Tim Crijns explain how the Serbian...more
Social Entrepreneurship
Spotlight
200 New Jobs To Be Created With Social Enterprise That Reuses IT
The Regional and European Co-Operative for Social Industry (RECOSI) is a new Irish social enterprise which aims to divert IT and electrical goods from being recycled.
