Green Bond Fact Sheet

Daiwa House Industry issued a JPY6bn (USD55m) senior unsecured green bond on November 25, 2019, to fund certified buildings, including Project Machida, Project Hachioji, and Project Urayasu II. The bond features a 10-year tenor, a 0.530% coupon, and a 'Green1' rating, with a second party opinion provided by Sustainalytics. Reporting on CO2 emissions, energy, and water consumption will be managed by DHR and reviewed by the Japan Credit Rating Agency.

• Daiwa House Industry issued a senior unsecured green bond on 25-11-2019 for an amount of JPY6bn (approximately USD55m) with a 10-year tenor and a coupon rate of 0.530%.
• The proceeds of the bond are allocated to 'Buildings' and 'Certified Buildings', specifically targeting three properties: Project Machida (Four stars DBJ Green Building Certification, Five stars BELS Certification), Project Hachioji (Four stars DBJ Green Building Certification), and Project Urayasu II (Three stars DBJ Green Building Certification).
• Reporting on the use of proceeds will be published via the website of DHR, shelf registration supplements, and the modified shelf registration statement. DHR intends to report CO2 emissions, electricity consumption, water consumption, and the number and type of environmental certifications for acquisition assets.
• The bond's transparency is supported by a second party opinion from Sustainalytics and a 'Green1' green bond rating. Japan Credit Rating Agency is tasked with reviewing the reporting of environmental improvement effects and funds allocation status until the bonds are redeemed.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Daiwa%20House%20REIT%20Investment%20Corporation%20.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Daiwa%20House%20REIT%20Investment%20Corporation%20.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=17 December 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Daiwa%20House%20REIT%20Investment%20Corporation%20.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 = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Daiwa%20House%20REIT%20Investment%20Corporation%20.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }