Green Bonds

A key focus of SaarLB’s business activities is the financing of commercial and residential real estate. The market approach primarily targets institutional investors as key clients, who in turn invest particularly in office, retail, and large-scale residential and commercial properties. In addition, SaarLB acts as a service provider for developer projects and PPP (public-private partnership) initiatives aimed at investments in infrastructure, education, or other public construction projects. Building on this expertise, SaarLB is planning to issue Green Covered Bonds and Green Bonds to refinance energy-efficient commercial and residential real estate financing (“Green Buildings”).

All funds raised through these green issuances will be exclusively allocated to eligible or suitable assets of SaarLB in accordance with the Green Bond Principles, specifically falling under the category of energy-efficient real estate financing. These real estate financings classified as “green” also meet the minimum requirements set by the Association of German Pfandbrief Banks (vdp) for Green Covered Bonds, effective as of January 1, 2025. This means they comply with nationally or internationally recognized standards or certifications. By increasing the energy efficiency of the real estate portfolio and simultaneously reducing CO2 emissions—compared to refinancing “non-green” buildings—the green issuances of SaarLB contribute to mitigating climate change. The focus lies on existing properties, complemented by newly constructed or renovated buildings. Consistent with SaarLB’s business focus, the majority of these properties are located in Germany and France, with some situated in other European countries, such as Luxembourg.