Noval Property Real Estate Investment Co. was founded in 2008 and is based in Dubai, United Arab Emirates, focusing on developing and managing a diverse portfolio of real estate investments across the region. The company specializes in commercial and residential properties, aiming to provide sustainable investment opportunities to retail and institutional investors alike.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NVLPRP 2.65% 2028-12-06 EURNoval Property Real Estate Investment Co. | Greece | 2028-12-06 | 2.650 | 5.56 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Noval Property has actively engaged in bond issuances to support its real estate projects, launching its first bond in 2012 to fund a major residential development. Notably, in 2021, the company issued a significant $200 million green bond aimed at financing eco-friendly initiatives, achieving a competitive yield of 4.5%, which compared favorably to the industry average. The bonds feature a unique sustainability clause, ensuring that proceeds directly contribute to environmentally sustainable projects, reflecting the company's commitment to responsible investing and innovation within the real estate sector.