Aroundtown issues €500m bond

German commercial real estate company Aroundtown is expanding its range of funding options by issuing a new €500 mln bond. 

Jonas Tintelnot

This bond has a two-year maturity, can be called back after one year, and offers a low interest rate of 0.8% plus the 3-month Euribor (with the first year hedged). This offering is designed to attract short-term credit funds at a minimal borrowing cost.
This latest bond issuance follows a series of successful transactions this year, which included both senior and perpetual notes issued in Euros, British Pounds, and Swiss Francs. These benchmark transactions were frequently oversubscribed and were part of broader efforts to extend the company's debt maturity profile and manage its expenses effectively.
Jonas Tintelnot, CFO, comments: “We are delighted by the strong investor support we received in 2025. In total, the group refinanced €4.6 billion of bonds and perpetual notes through issuances in 3 different currencies with various tenors. The new 2-year bond, which is structured to allow for refinancing after 1 year, further diversifies our funding mix. These pro-active capital market transactions, including cash and liquid assets, cover the group’s debt maturities for the next 2 years, and provide AT with sufficient flexibility to pursue attractive opportunities.”
Aroundtown invests in income-generating quality properties with value-add potential in central locations in top-tier European cities, primarily in Germany, the Netherlands, and London.