Alfa Group International to issue its first Green Bond

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Alfa Group International to issue its first Green Bond

Ohad Epschtein, President of Alfa Group International

Ohad Epschtein, President of Alfa Group International

Ha11er green houses in Hungary by Alfa Group

Ha11er green houses in Hungary by Alfa Group

The bond receives strong anticipation from investors with the proceeds of the env. HUF 10 billion issue scheduled to be invested in green buildings.

We offer investors the opportunity to support our goal of mitigating climate change globally by reducing greenhouse gas emissions through our renewable and circular solutions.

– Ohad Epschtein, president of Alfa Group International

BUDAPEST, HUNGARY, July 20, 2021 /EINPresswire.com/ – The bond will be the first issue under the new green bond framework by Alfa Group. The proceeds of the issue will be used in accordance with the Group’s Green Bond Framework for investments in the development and expansion of the Group’s portfolio. – reported by Property Reporter

The Group invests in real estate with a focus on renewable energies and energy efficiency solutions with the aim of mitigating climate change on a global scale by reducing greenhouse gas emissions. The Group’s auditor, KPMG, assessed the current state of Alfa Group’s portfolio.

KPMG, as a third-party verifier, also published a limited pre-issuance assurance report for the green bond framework, which forms the basis of the green bond issuance in terms of the requirements of the green bond principles of ICMA. – was told by Green Reporter.

Alfa Group has been active in the Hungarian and Slovak real estate market for over 20 years. The Group’s current portfolio of productive assets is well diversified between urban logistics, commercial parks and the office segment with a total leasable area of ​​nearly 100,000 square meters.

Thanks to a sustainable and long-term policy and good reinvestments over the past 5 years, the Group has established a land reserve and is now mainly focusing on new developments: urban logistics and urban residential projects, including major efforts on opening the new rental housing business.

The pipeline of new transactions exceeds 55,000 m² of leasable and salable surface area, considerably expanding the Group’s activity.

Michel Toth – Marketing Manager
Alfa International Group
[email protected]
+36 15013463
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