Perform Properties Publishes 2024 Sustainability and Social Impact Update Report

Highlights Progress and Commitment to Operational Excellence, Integrity and Accountability Across National Retail and Office Portfolio

NEW YORK & SANTA MONICA, Calif.--(BUSINESS WIRE)--Perform Properties (“Perform”), a diversified real estate operating platform specializing in high-quality, grocery-anchored retail centers and premier office assets, today published its 2024 Sustainability and Social Impact (SSI) Update Report, marking the company’s first combined update following the integration of ShopCore, ROIC, and EQ Office.

The report outlines Perform’s progress in embedding environmental sustainability and social impact across its culture, operations, and portfolio, reinforcing the company’s belief that resilient, community-centered properties create long-term value for all stakeholders.

“At Perform, our mission is rooted in creating and managing high-performing places with lasting People-Appeal,” said Alex Vouvalides, Chief Executive Officer of Perform Properties. “By uniting ShopCore, ROIC, and EQ Office, we have built a best-in-class, diversified platform with the scale, strength, and shared purpose to drive strategic growth and meaningful impact. This Sustainability and Social Impact update reflects our commitment to integrating operational excellence, integrity, and accountability into every facet of our work - from leasing and operations to investment and construction. We are proud of the tangible progress we made in 2024, and even more energized by the opportunity ahead to advance our mission and create long-term value for our customers, partners, and the communities we serve.”

A full copy of Perform’s 2024 Sustainability and Social Impact Update Report is available on www.PerformProperties.com.

2024 Sustainability and Social Impact Report Highlights

Environmental Sustainability:

Perform advanced environmental initiatives focused on carbon emissions, energy, waste, and water to drive operational efficiency, while actively exploring renewable solutions:

• 20% same-store year-over-year reduction for total Scope 1 and 2 greenhouse gas (GHG) emissions across the office portfolio
• 2,500 tons of waste diverted from landfill across the office portfolio; 69% of construction waste diverted from landfill across the office portfolio, up from 51% in 2023
• 100% landlord-controlled LED lighting at 40 retail sites, and 80%+ LED lighting at 11 additional sites
• EV chargers installed at 9 retail locations
• Active green lease clauses associated with customers across 6.3 million square feet of retail and office properties

Social Impact:

Perform brought its social impact commitments to life through initiatives that foster health, inclusion, and community resilience. From enhancing properties to deepening employee engagement, the company continued shaping and enriching the places they manage – responding to evolving needs of the people and communities they serve:

• 11 properties earned the WELL Health-Safety Rating in 2024 to support customers’ health and well-being
• Over 2,200 employee volunteer hours contributed across the portfolio
• 107,000+ square feet of office and event space donated to nonprofits and community organizations
• 370+ community events hosted, including wellness activities and donation drives
• Welcomed the new SVP, Head of People & Culture, supporting the Company’s work to drive innovation by strengthening employee engagement and collaboration

Expanding Access and Opportunity through Education:

In 2024, Perform proudly announced a new partnership with Project Destined, a leading nonprofit that has equipped more than 15,000 students with career-focused training in financial literacy, entrepreneurship, and real estate. Through this collaboration, Perform became the first real estate company to launch educational programming specifically focused on the office sector, reaching students across 25 universities nationwide.

“Whether through energy optimization or by donating our space and expertise to community causes, we’re translating our values into results,” said Samantha Sims, SVP, Head of Sustainability and Social Impact at Perform Properties. “This report reflects our commitment to aligning purpose with performance - building more resilient, connected places that meet the needs of both business partners and the community. Our partnership with Project Destined is a chief example of how we are leveraging social impact to expand career pipelines, drive new talent into real estate, and fuel industry growth.”

About Perform Properties

Perform Properties is a Blackstone Real Estate portfolio company focused on high-performing retail and office properties with People-Appeal - vibrant spaces where people actively choose to work, shop, and gather. With expertise in transactions, development, leasing, and management, the company oversees over 33 million square feet of retail and office properties across the U.S. Learn more: performproperties.com.