KLÉPIERRE: ISSUANCE OF A 12-YEAR INAUGURAL GREEN BOND FOR €500M PRESS RELEASE ISSUANCE OF A 12-YEAR INAUGURAL GREEN BOND FOR €500M Paris — September 23, 2025 Klépierre, today announces the issuance of a €500-million inaugural green bond with a maturity of 12 years - the longest tenor for a European REIT in the euro debt capital markets since 2022 - and a coupon of 3.75%. This issuance demonstrates the strong investors’ demand for Klépierre’s long-term bonds positioned in the A range ratings, the highest levels within the European listed real estate space. AGENDA October...
KLÉPIERRE: ÉMISSION D’UNE PREMIÈRE OBLIGATION VERTE DE 500M€ D’UNE MATURITÉ DE 12 ANS COMMUNIQUÉ DE PRESSE ÉMISSION D’UNE PREMIÈRE OBLIGATION VERTE DE 500M€ D’UNE MATURITÉ DE 12 ANS Paris, le 23 septembre 2025 Klépierre, annonce avoir émis ce jour son premier emprunt obligataire vert de 500 millions d’euros d’une maturité de 12 ans - la plus longue en euro pour une société d’investissement immobilier cotée en Europe depuis 2022 - assortie d’un coupon de 3,75 %. Cette émission met en évidence la forte demande des investisseurs pour les obligations à long-terme de Klépierre, notées A, le ...
Last week’s EPRA conference provided cautious optimism on listed European real estate. The segment offers a mix of risks and opportunities, with discounted valuations presenting attractive entry points. We downgrade Care Property Invest (Underperform vs Neutral, TP €12 vs €13.5); we lower our TPs for British Land, Landsec, Shurgard, and Xior Student Housing; we raise our TPs for URW, Wereldhave and VGP. In conclusion we favour logistics, retail, Spain, and CEE for growth, and Switzerland remains...
Last week, we published a flash note on the latest IEA study on oil and gas field declines. The UN published a report recommending that its member states take legal action against companies involved in the genocide in Gaza. Eurosif, EFAMA and PRI are calling for the establishment of a credible voluntary standard for sustainability reporting for small and mid-cap companies. Norges Bank announced the exclusion of Eramet due to an ‘unacceptable risk that the company contributes to or is responsible...
La semaine dernière, nous avons publié un flash portant sur la dernière étude de l’AIE sur les déclins des champs pétroliers & gaziers. L’ONU a publié un rapport recommandant à ses Etats membres d’engager des actions en justice contre les entreprises impliquées dans le génocide à Gaza. Eurosif, EFAMA et PRI appellent à la mise en place d'une norme volontaire crédible en matière de reporting sur le développement durable pour les petites et moyennes capitalisations. La Norges Bank a annoncé l'excl...
Vesteda (VESTNL) is one of the largest investment funds in the Dutch residential real estate market, with a strong market position. Its portfolio of c.28k units is focused on the mid-market rental segment, with 93% of exposure in Primary regions, mainly located in the ‘Randstad'. The impact of recent regulatory changes, including the Affordable Rent Act in 2024, is limited on Vesteda. However, with the recent political turmoil in the Netherlands and upcoming elections, the housing market is agai...
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