CDC Habitat and CNP Assurances : €850m green bonds and 3,950 housing units

CDC Habitat CNP Assurances Immobilier et logement

The Lamartine Residential Property Fund, 85% owned by CNP Assurances and 15% by CDC Habitat since March 2022, has issued two Green Bonds for a total amount of €850m. By 2026, the fund will therefore produce 3,950 new and unrestricted housing units at subsidised or intermediate rents, with a fund target size of more than 7,600 housing units and a value of €2.4bn.

The operations were initiated by AMPERE Gestion, a subsidiary of CDC Habitat and the manager of the fund.

The characteristics of the two Green Bonds :

  • On 8 April 2022, a first public bond issue of €500m at 10 years, 2 times oversubscribed, offering a coupon of 2.875%;
  • On 12 July 2022, a second public bond issue of €350m at 6 years, more than 2 times oversubscribed, offering a coupon of 3.625%.


Read the press release and know more