Growthpoint celebrates green bond listing on JSE

Growthpoint Properties, the first South African company and real estate investment trust to issue a green bond programme on the JSE, celebrated the occasion with a bit of fanfare on Wednesday morning, 25 April.

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.

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.