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QIC issues $300 million green bond

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In Brief: The QIC Shopping Centre Fund has issued a $300 million Climate Bond certified green bond that was made possible by the QIC Global Real Estate’s commitment to enhancing environmental performance across its Australian retail portfolio.

The green bond was five times oversubscribed and attracted new investors with green and ESG investment mandates to the fund from across Asia and Australia.

In Australia shopping centres account for 36 per cent of commercial building energy consumption. 

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