Green Bond Fact Sheet

This fact sheet details a USD 200 million green bond issued by Lotte Property & Development Co on August 7, 2018, marking the first green bond from a South Korean real estate sector issuer.

• Lotte Property & Development Co issued a USD 200 million senior unsecured green bond on August 7, 2018, with a maturity date of August 7, 2021. The issuer is a non-financial corporate property development company based in South Korea.
• The bond's proceeds are designated for commercial buildings and transport infrastructure. Eligible commercial properties must have been constructed or refurbished in 2017 or later, hold a LEED Gold or equivalent certification, and contribute to improving professional conditions for low-income workers. Transport eligibility includes public bus, public bicycle, and pedestrian infrastructure.
• This issuance was the first green bond from the real estate sector in South Korea. It contributed to a total of USD 1.8 billion in South Korean green bond issuance for 2018, representing a 73% increase over 2017 levels.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-08%20SK%20Lotte%20Property%20%26%20Development%20Co.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-08%20SK%20Lotte%20Property%20%26%20Development%20Co.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=30 August 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-08%20SK%20Lotte%20Property%20%26%20Development%20Co.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2018-08%20SK%20Lotte%20Property%20%26%20Development%20Co.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }