QuadReal Closes $350 Million Green Bond Senior Note Offering
QuadReal Property Group, a leading global real estate investment, development, and operating company, successfully closes a $350 million Green Bond Senior Note Offering, further solidifying its commitment to sustainable and responsible investing.
Green BondSustainable InvestingReal EstateEsgQuadreal Property GroupReal EstateMar 14, 2025
The Green Bond Senior Note Offering, which was oversubscribed, will be used to finance and refinance eligible green projects that meet QuadReal's stringent green bond framework. These projects include the development and renovation of energy-efficient buildings, sustainable infrastructure, and other initiatives that aim to reduce environmental impact and promote sustainability.
QuadReal's commitment to sustainability is not new. The company has been a pioneer in sustainable real estate practices, consistently integrating ESG principles into its operations. By issuing this green bond, QuadReal further cements its position as a leader in the industry, setting a benchmark for responsible investing and development.
The proceeds from the green bond will be allocated to a variety of green projects that meet the company's criteria. These projects will focus on reducing carbon emissions, enhancing energy efficiency, and promoting sustainable design and construction practices. QuadReal's green bond framework is transparent and aligned with international standards, ensuring that the funds are used for genuine environmental benefits.
The success of this offering reflects the growing demand for sustainable investments among institutional and retail investors. QuadReal's strong credit rating and solid track record in sustainable development have made it an attractive proposition for investors seeking to align their financial goals with environmental and social values.
In addition to the financial benefits, the green bond will contribute to QuadReal's broader ESG goals, including reducing its carbon footprint, improving water efficiency, and enhancing the health and well-being of its tenants and communities. The company's ongoing commitment to sustainability is evident in its various initiatives, such as the use of renewable energy, waste reduction programs, and community engagement efforts.
QuadReal's CEO, Mike Richardson, expressed his satisfaction with the successful closing of the green bond. 'This offering is a significant milestone in our journey towards a more sustainable future. It not only provides us with the capital to finance impactful green projects but also demonstrates our commitment to responsible investing. We are grateful for the support of our investors and look forward to continuing our leadership in sustainable real estate practices.'
The closing of the $350 million Green Bond Senior Note Offering is a testament to QuadReal's strategic vision and its dedication to creating long-term value for all stakeholders. As the company continues to grow and innovate, it remains committed to setting new standards in sustainable real estate development and investment.
Frequently Asked Questions
What is a Green Bond?
A Green Bond is a type of fixed-income security that is specifically designed to fund projects with environmental benefits. The proceeds from the bond are used to finance or refinance projects that have a positive impact on the environment, such as renewable energy, energy efficiency, and sustainable infrastructure.
What projects will the $350 million from the Green Bond be used for?
The $350 million from the Green Bond will be used to finance and refinance eligible green projects that meet QuadReal's green bond framework. These projects include the development and renovation of energy-efficient buildings, sustainable infrastructure, and other initiatives that aim to reduce environmental impact and promote sustainability.
Why is QuadReal committed to sustainable investing?
QuadReal is committed to sustainable investing as part of its broader environmental, social, and governance (ESG) goals. The company aims to reduce its carbon footprint, enhance energy efficiency, and promote sustainable design and construction practices. Sustainable investing aligns with QuadReal's mission to create long-term value for all stakeholders.
What are the benefits of sustainable investing for investors?
Sustainable investing offers several benefits for investors, including reduced risk through better management of environmental and social factors, the potential for higher returns through investment in companies with strong ESG practices, and the opportunity to align financial goals with personal values and environmental concerns.
What is QuadReal's green bond framework?
QuadReal's green bond framework is a set of guidelines that ensure the funds from the green bond are used for genuine environmental benefits. The framework is transparent and aligned with international standards, ensuring that the projects financed by the bond meet specific criteria for sustainability and environmental impact.
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