Real Estate

Sustainability bonds become fashionable among fashion brands

Adrian Cheng's K11 mall joins Chanel and Burberry in issuing a sustainability-linked bond, which commits the company to a renewable-energy goal.
Artist rendering of K11 Atelier King's Road in Hong Kong
Artist rendering of K11 Atelier King's Road in Hong Kong

Hong Kong property developer New World Development (NWD), owner of the K11 properties, became the first real estate developer in the world to sell a US dollar-based sustainability-linked bond (SLB) last Friday.

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