Mandatum’s real estate portfolios receive five-star rating in international GRESB Assessment

Press release, 1 October 2026 at 2:00 p.m. EEST

The special common fund Mandatum AM Finland Properties II and Mandatum’s direct real estate investment portfolio received the highest five-star rating in the GRESB Assessment. Both portfolios also ranked first in their respective international peer groups.

The Global Real Estate Sustainability Benchmark (GRESB) assesses the sustainability practices and performance of real estate investments worldwide. In this year’s assessment, both real estate portfolios managed by Mandatum ranked first in their respective international peer groups.

The special common fund Mandatum AM Finland Properties II received a five-star rating for the third consecutive year and rose to the top of its Northern European peer group. The fund ranked sixth in the same comparison a year earlier, making this year’s result a particularly strong improvement.

Mandatum’s direct real estate investment portfolio received a five-star rating for the first time. It ranked first in its Northern European peer group and also achieved the highest overall score in a broader peer group, as well as the top position in the Performance Assessment, which measures the operational performance of real estate assets.

The results demonstrate the effectiveness of Mandatum’s approach to responsible real estate investment management in an international comparison.

“Our GRESB results have improved consistently over several years. This demonstrates that our long-term efforts are also reflected in international benchmarking. The improvement was driven by measures related to energy efficiency, the use of renewable energy, environmental management, certifications, tenant and stakeholder engagement, and risk management. Sustainability is an integral part of our investment activities, not a separate project”, says Emilia Riikonen, Head of Real Estate Investments at Mandatum.

The results were achieved in an operating environment where sustainability requirements in the real estate market and the overall benchmark level of the GRESB Assessment have continued to rise year after year. Both portfolios improved particularly in areas covered by the Performance Assessment, which measures the operational performance of real estate assets. The results are based on activities carried out in 2025, which are described in more detail in the Responsible Real Estate Investment Review.

Additional information:

Emilia Riikonen
Head of Real Estate Investments
Tel. +358 50 501 2481
emilia.riikonen[a]mandatumam.com

Niina Riihelä
SVP, Communications, Brand and Sustainability
Tel. +358 40 728 1548
niina.riihela[a]mandatum.fi

Mandatum in brief
Mandatum is a major financial services provider, combining expertise in asset and wealth management and life insurance. Clients include institutional investors, companies and private individuals. Mandatum offers a broad range of services encompassing asset and wealth management, compensation and rewards, supplementary pensions and personal risk insurance. Skilled personnel, strong brand and proven investment track record are at the centre of Mandatum’s success. The company has been listed on Nasdaq Helsinki since 2023.
mandatum.fi/en/group

Marketing material. Mandatum Asset Management Ltd acts as the portfolio manager of special investment fund Mandatum AM Finland Properties II. The Fund is managed by Mandatum AM AIFM Ltd (address: Bulevardi 56, P.O Box 1221, FI 00101 Helsinki, Finland). Prospective investor should always read the official fund documentation before making any final investment decision. These documents, summary of investors’ rights and sustainability related disclosures are available at www.mandatumam.com/mandatum-am-aifm. The fund is eligible for professional investors in Denmark, France, Netherlands, Norway, Spain and Sweden and for non-professional and professional investors in Finland.

Mandatum AM Finland Properties II special investment fund complies with disclosure requirements in accordance with Article 8 of the Sustainable Finance Disclosure Regulation (EU) 2019/2088 (SFDR) but does not make sustainable investments.