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AvalonBay Communities Named Residential Real Estate Global Leader in Sustainability

Company Receives GRESB Green Star for Leading Performance

ARLINGTON, Va.--(BUSINESS WIRE)-- AvalonBay Communities, Inc., (NYSE: AVB), has been named a leader in residential real estate by the annual Global Real Estate Sustainability Benchmark (GRESB) survey. AvalonBay also was awarded a Green Star by GRESB for its top ratings in the various environmental categories.

The GRESB survey evaluates hundreds of real estate companies in such areas as management, policy, development, governance, sustainability, and environmental and social programs/policies. In every category, AvalonBay scored well above the average score of its peers in residential real estate, ranking second in the United States. Its rating was also above the global industry average in almost every...