Green Bond Fact Sheet

This fact sheet details a JPY 2 billion green bond issued by Kenedix Office Investment Corporation on February 15, 2019, to refinance two certified office buildings in Japan.

• Kenedix Office Investment Corporation issued a senior unsecured green bond on February 15, 2019, with a total amount of JPY 2 billion (approximately USD 18 million) and a maturity date of February 15, 2024.
• The bond proceeds are used to refinance two specific office buildings: the KDX Kobayashi-Doshomachi Building in Osaka, which holds a 3-star DBJ Green Building and Rank S CASBEE certification, and the KDX Toranomon 1 chome Building in Tokyo, which holds a 5-star DBJ Green Building and Rank S CASBEE certification.
• To be eligible under the Green Bond Framework, properties must achieve 3 stars or more in DBJ Green Building certification, a B+ or higher rank in CASBEE for Real Estate, or 3-stars or more in BELS Certification. Alternatively, buildings are eligible if they achieve at least 10% improvements in energy or water efficiency or other environmentally beneficial refurbishments.
• Kenedix Office Investment Corporation is the first Japanese-REIT green bond issuer of 2019. The company is a Japanese real estate investment trust (J-REIT) that focuses on mid-sized office buildings in the Tokyo Metropolitan Area.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-02%20JP%20Kenedix%20Office%20Investment%20Corporation(1).pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-02%20JP%20Kenedix%20Office%20Investment%20Corporation(1).pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=20 February 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-02%20JP%20Kenedix%20Office%20Investment%20Corporation(1).pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/2019-02%20JP%20Kenedix%20Office%20Investment%20Corporation(1).pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }