Case Study

Kryalos SGR S.p.A.

Kryalos Atlas Fund Achieves 5-Star Rating & Near-Perfect GRESB Score with EVORA’s Strategic Guidance

“This achievement reflects our unwavering commitment to sustainability and excellence in real estate management, reinforcing our dedication to setting benchmarks in responsible investment practices.”

Gianluca Vairani, Senior Managing Director Transaction Management & Head of ESG

Kryalos SGR S.p.A.

Case Study information

The Challenge

In 2024, Kryalos SGR S.p.A. on behalf of Atlas Fund participated in GRESB for the second consecutive year. EVORA partnered with Kryalos to assist in improving both the Management and Development components of their GRESB submission.

This was the first year EVORA was appointed to provide this service, and Kryalos had ambitious goals to elevate their GRESB performance after already securing strong results in the previous year.

Our Approach

EVORA conducted a comprehensive review of Kryalos’ ESG strategy and documentation to identify improvement areas within both the Management and Development components of the GRESB benchmark.

Our team worked closely with Kryalos, delving deep into every aspect of their operations, from governance practices to project development, ensuring that all key areas covered by the GRESB benchmark were addressed.

Key Outcomes

Kryalos’ Atlas Fund improved its GRESB score from 91 (four stars) in 2023 to an impressive 99 (five stars) in 2024.