Market environment
With almost 800,000 companies, around 3.5 million employees and a gross value added of over 645 billion euros, the real estate industry is one of the largest economic sectors in Germany. Also in relation to environmental friendliness, the sector has reduced emissions from 210 to 115 million tons annually between 1990 and 2021. In particular, the German real estate market stands for great stability in international comparison. For example, Germany has the lowest fluctuations in residential property prices among the OCED countries. In the future, sustainability will also become increasingly important in the real estate sector. Therefore, the construction of sustainably successful buildings is of elementary importance in order to advance the dovetailing of sustainability and the real estate sector in the long term.
Issuer
AOC | DIE STADTENTWICKLER GmbH is an owner-managed project developer specialised in the conception, planning and realisation of high-quality residential and commercial properties (office and retail). AOC has office locations in Magdeburg, Leipzig, Dresden and Erfurt and is responsible for the entire value chain of project development. The regional focus is on the middle and upper centres of the new federal states including Berlin. AOC has a track record of EUR 700 million in completed project volume and a current project pipeline of EUR 1.1 billion in 16 projects.
Investitionskonzept
AOC | DIE STADTENTWICKLER GmbH intends to use the proceeds of the issue (after issue costs deduction) as a financing framework for the acquisition and/or construction of new land or buildings that meet certain sustainability criteria. In a second party opinion, imug rating GmbH confirms that the green bond issued by AOC is in compliance with the Green Bond Principles (GBP) 2021.
