Economic Sustainability
MANAGEMENT APPROACH
At PRIME, we recognise that strong and responsible economic performance is essential to creating lasting value for our business, stakeholders including the communities we serve. We are committed to pursuing sustainable growth that balances financial resilience with environmental and social responsibility. By maintaining healthy asset performance, fostering enduring tenant relationships, and managing our portfolio with discipline and foresight, we aim to support long-term economic stability while contributing positively to the broader ecosystem in which we operate.
Our operations contribute positively to the communities and environments in which we operate by maintaining high-quality assets, supporting local communities, and providing workplaces that promote tenant well-being. At the same time, we recognise that our activities may also result in environmental impacts that require careful management. These include GHG emissions associated with building operations, as well as water use in assets located in regions vulnerable to water stress.
Acknowledging these potential impacts, PRIME adopts a structured approach to integrating ESG considerations across our business. This includes embedding environmental and social factors into investment decisions, applying due diligence processes to identify and manage risks, and implementing operational practices that reduce our environmental footprint. Through ongoing monitoring and continuous improvement, we work to minimise adverse impacts while enhancing the long-term sustainability and economic resilience of our portfolio.
PERFORMANCE, PROGRESS AND INITIATIVES DURING FY2025
PRIME monitors its economic performance through a robust set of financial indicators, including distributable income and net property income. These metrics are disclosed consistently and transparently through our quarterly business updates, financial results announcements, and annual report. Complementing these financial indicators, we actively integrate tenant engagement insights, including findings from our annual Kingsley survey into our operational strategy. This feedback loop enables us to refine action plans, enhance service delivery, and ensure our initiatives remain responsive to tenant needs.
For more information on PRIME's Economic Performance, please refer to the Financial Review and Financial Statements sections on pages 13 and 125 of PRIME's 2025 Annual Report.