Growthpoint celebrates green bond listing on JSE
An extremely exhilarating countdown moment during @growthpoint Properties Green Bonds listing event @JSE. @GBCSA pic.twitter.com/8P96tWBxOp
— GBCSA (@GBCSA) April 25, 2018
Green bonds raise money allocated for funding projects resulting in positive environmental and climate benefits. The Growthpoint green bonds, for terms of five, seven and 10 years, give more choice to investors who in the past have only been able to invest in municipal green bonds such as those launched by the City of Cape Town.
Earlier this morning, we welcomed our Green Bond on the JSE. We are the first REIT to introduce this type of bond. Norbert Sasse reiterated how sustainability is a key point of departure when dealing with all of our stakeholders. @GBCSA #greenbonds pic.twitter.com/4y9WXfDNAb
— Growthpoint (@growthpoint) April 25, 2018
The Growthpoint portfolio currently has the highest number of GBCSA-certified buildings in South Africa. The bonds form part of Growthpoint’s R20bn domestic medium-term note programme.