• The Company obtained the top award from the European Public Real Estate Association for its accuracy and transparency in financial reporting (BPR), as well as its sustainability best practices

• The retail specialist has reaffirmed its position as a market leader at Europe’s most prestigious real estate awards, claiming a gold rating for financial reporting for the third year running plus a second consecutive gold in ESG

Castellana Properties, the listed specialist retail property company, has again obtained the highest possible accolades at the EPRA (European Public Real Estate Association) awards ceremony. The first was in the EPRA Best Practices Recommendations (BPR) category, awarded for the third consecutive year in recognition of the clarity and transparency of the company’s financial reporting. In a repeat of last year’s performance, it achieved a second EPRA Gold Award in the Sustainability Best Practices (sBPR) category.

The awards scheme acknowledges the efforts of real estate companies across Europe to provide full and transparent information to investors. It therefore takes account of success in adopting the various EPRA guidelines for financial, non-financial and ESG reporting.

The Company first took part in the ranking in 2019, when it obtained an EPRA BPR Silver Award, an achievement it repeated the following year in 2020, before going on to win its first EPRA BPR Gold Award in 2021, just two years after the Company was listed. It won the same award in 2022 – along with the EPRA sBPR, which recognises excellence in ESG reporting. This year, Castellana Properties has once again achieved the highest accolade in both the financial reporting category, in which it was one of 182 companies, as well as in the ESG sustainability category, in which 173 companies from across Europe participated – twelve of which were Spanish.

Debora Santamaría, CFO at Castellana Properties, remarked, “We are extremely proud to have achieved the Gold award for financial reporting for the third year in a row, as well as our second consecutive win in ESG. Castellana Properties will continue to build on the commitment to transparency and good governance that is one of the hallmarks of our company, continuously strengthening our market position and making a positive difference to society and the regions where we operate. That is why it fills us with such great pride and pleasure to see all the effort and hard work that we have made in financial and ESG-related matters receive such a ringing endorsement at the sector’s most prestigious awards”.