Investa Property Group is a Real Estate Investment Trust and is one of the largest owners of real estate with properties across Australia.
Two of its funds, the Investa Office Fund (IOF) and the Investa Commercial Property Fund (ICPF) have each issued a Climate Bonds Certified Bond in 2017. The proceeds are used to refinance buildings in Investa's portfolios which meet the Low Carbon Buildings Criteria.
In January 2019, ICPF closed Australia's first Green Loan.
| DATE OF ISSUE | TYPE OF INSTRUMENT | SIZE | SIZE (USD) | TENOR | COUNTRY OF ISSUE | CLIMATE BONDS SECTOR CRITERIA | VERIFIER'S REPORT | ANNUAL REPORT | FURTHER INFORMATION |
|
April 2017 (fully redeemed in January 2019)note 1 |
Use of proceeds bond | A$150m | US$113.5m | 10 years | Australia | Low Carbon Buidlings (Commercial) | pre issue report by EY | ||
| April 2017 | Use of proceeds bond | A$100m | US$75.2 m | 7 years | Australia | Low Carbon Buidlings (Commercial) | pre issue report by EY | Investa Commercial Property Fund Press Release | |
| January 2019 | Loan | - | - | - | Australia | Low Carbon Buidlings (Commercial) | pre issuance statement by EY | Investa Commercial Property Fund Press Release | |
| June 2019 | Loan | - | - | - | Australia | Low Carbon Buidlings (Commercial) | pre issuance statement by EY | ||
| August 2019 | Loan | - | - | - | Australia | Low Carbon Buidlings (Commercial) | assurance statement Oct 2019 | ||
| October 2019 | Loan | - | - | - | Australia | Low Carbon Buidlings (Commercial) | assurance statement Oct 2019 | press release February 2020 |
Note 1: The bond April 2017 AUD 150 million bond issued by the Investa Office Fund was fully redeemed in January 2019, due to its acquisition by Oxford Properties.