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The fresh capital will be used for general corporate purposes.
Berlin Hyp has issued its second unsecured ‘green’ Pfandbrief, representing the German bank’s fourth green bond issue since 2015, with a total volume of €2 billion.
The transaction has been oversubscribed by about seven times, with total orders of more than €2 billion.
German property firm Deutsche Wohnen is planning to raise up to €800 million through the issue of convertible bonds maturing in January 2026.
Aroundtown Properties has raised €500 million of fresh capital through the placement of a bond priced at 1.875 percent.
London-based housing association Hyde has financed itself through a £400 million bond, understood to be the largest long-dated bond to be issued from the sector.
The launch of a UK student housing-backed bond shows that capital markets distribution remains an option, but only in certain cases.