Thank you for visiting our site! We noticed you are using a browser we no longer support. To have the best overall experience and avoid issues navigating the site, please click one of the supported browsers to the right to download the latest version for free:
Search Site
Back to Menu
Read what ULI wrote about the emerging importance of green bonds in helping industrial developers like CenterPoint fund projects that have a positive impact on the environment and the communities in which we operate.
The appetite for environmental, social, and governance (ESG) investing continues to soar, with record inflows amid the pandemic. Real estate firms are now offering more opportunities for those investors to place their capital. “Green bonds” in particular have risen in popularity dramatically over the decade, from what ULI considered an emerging trend a few years ago to a mainstream investment opportunity in 2020.
Green bonds are standard bonds with specified proceeds going to fund projects that have positive environmental or climate benefits, or both. According to the Climate Bonds Initiative, the majority of green bonds issued are “use of proceeds” or asset-linked: proceeds from these bonds are earmarked for green projects but are backed by the issuer’s entire balance sheet.
The Value of “Green” over Traditional Bonds
Green bonds have some additional transaction costs compared with traditional bonds because issuers must track, monitor, and report on use of proceeds. However, many issuers, especially repeat issuers of green bonds, offset this initial cost with a variety of benefits, including that green bonds:
About CenterPoint Properties
CenterPoint is an industrial real estate company made up of dedicated thinkers, innovators and leaders with the creativity and know-how to tackle the industry’s toughest challenges. And it’s those kinds of problems — the delicate, the complex, the seemingly impossible — that we relish most. Because with an agile team, substantial access to capital and industry-leading expertise, those are exactly the kinds of problems we’re built to solve. For more information on CenterPoint Properties, follow us on LinkedIn. For all media inquiries, including requests for interviews with CenterPoint executives, please contact media@centerpoint.com or 630.586.8285.
Subscribe
Microsite Request
