European Outlet Mall Venture (EOMV) has successfully launched its inaugural €750 million green bond, securing long-term unsecured financing for its portfolio of designer outlet centres across Italy, the Netherlands and Austria. The issuance strengthens the company’s capital structure, supports its transition from secured financing and reflects continued investor demand for high-quality real estate assets with sustainability-linked financing.
Key Overview
- EOMV has launched its inaugural €750 million (£642 million) green bond.
- The proceeds provide long-term unsecured financing for outlet retail destinations in Italy, the Netherlands and Austria.
- EOMV owns a €2.7 billion portfolio of super-prime designer outlet centres.
- The transaction establishes a long-term funding platform and strengthens the company’s capital structure.
EOMV Raises €750M Green Bond for European Retail Assets
European Outlet Mall Venture (EOMV) has successfully launched its inaugural £642m (€750m) green bond, providing long-term unsecured financing for a portfolio of leading outlet retail destinations across Italy, the Netherlands and Austria.
The issuance represents a significant financing milestone for EOMV as it enters the European bond market for the first time while strengthening its long-term capital structure.
EOMV is backed by three major institutional investors and owns a €2.7 billion portfolio of super-prime designer outlet centres. The portfolio is operated by the McArthurGlen Group, which owns, develops and manages designer outlet centres across Europe, operating 21 centres across 8 countries.
Green Bond Strengthens Capital Structure
According to EOMV, the successful green bond issuance provides long-term unsecured financing for its portfolio while creating a solid platform for future bond issuances.
The company said the transaction also future-proofs its capital structure by supporting the transition from secured financing to an unsecured funding model.
An EOMV spokesperson described the transaction as an important milestone for the business.
“This inaugural bond issuance and investment grade BBB+ Fitch rating is an important milestone for EOMV and demonstrates the strength of our portfolio, business model and shareholder support.”
The company also highlighted that the successful completion of the transaction reflects the strength of its institutional ownership and long-term operating model.
ING Supported the Financing
ING played several roles throughout the transaction, acting as Global Coordinator, Active Bookrunner, Sole Ratings Adviser and Sole ESG Structuring Adviser.
The bank worked alongside EOMV on the ratings strategy, sustainability framework, investor marketing materials and bond documentation as the company prepared for its debut in the European bond market.
ING also supported the financing by providing a €660m bridge facility, enabling EOMV to transition from secured financing to the new bond issuance.
In addition, ING acted as Coordinator and Mandated Lead Arranger on a €50m RCF, established to support the company’s ongoing liquidity requirements.
Douwe van Duijvendijk, Managing Director of ING Global Capital Markets, said bringing a first-time real estate issuer to the bond market required extensive coordination.
“Bringing a debut issuer from the Real Estate sector to the bond market and assisting the client in transitioning from a secured to an unsecured capital structure requires careful preparation and close collaboration across many ING departments. It also requires dedication from the client in making sure all workstreams are successfully completed.”
He added that ING was pleased to support EOMV in establishing a long-term funding platform.
Context is everything. Stay ahead of shifting trends with today’s market updates, and uncover emerging opportunities using the Serrari Group Market Index and Marketplace. Then, take control of your own financial future by exploring our Money & Life Reset Transformation Blueprint ™ to build stronger habits, create better systems, and design a path toward lasting wealth.
Investor Demand Supports Debut Issuance
According to the companies, the successful outcome reflects strong investor appetite for high-quality real estate assets supported by long-term institutional ownership and leading market positions.
The green bond provides EOMV with diversified long-term financing while supporting the company’s future funding strategy.
The transaction also establishes EOMV as a new issuer within Europe’s sustainable bond market, with the investment-grade BBB+ Fitch rating supporting its access to institutional investors.
Outlook
EOMV’s inaugural €750 million green bond marks an important milestone in the company’s financing strategy, providing long-term unsecured funding while strengthening and future-proofing its capital structure. The successful issuance, together with its investment-grade BBB+ Fitch rating, reflects strong investor confidence in the quality of EOMV’s outlet retail portfolio, its business model and the backing of its institutional shareholders. The transaction also demonstrates the growing appetite for sustainability-linked financing within the European real estate sector as investors increasingly seek assets that combine financial resilience with strong environmental, social and governance (ESG) credentials.
As sustainable finance continues to expand across European capital markets, green bonds are expected to play an increasingly important role in helping real estate companies diversify funding sources, reduce reliance on traditional secured financing and access long-term institutional capital. For EOMV, the bond provides a solid platform for future issuances while supporting continued investment in its portfolio of outlet retail destinations across Italy, the Netherlands and Austria. The transaction also highlights the broader shift toward integrating sustainability considerations into real estate financing, with green capital markets expected to remain a key source of funding for companies pursuing long-term growth and ESG objectives.
FAQs
1. What is the size of EOMV’s green bond?
EOMV issued an inaugural €750 million (£642 million) green bond.
2. What will the proceeds finance?
The bond provides long-term unsecured financing for EOMV’s outlet retail portfolio in Italy, the Netherlands and Austria.
3. How large is EOMV’s property portfolio?
EOMV owns a €2.7 billion portfolio of super-prime designer outlet centres.
4. Who operates EOMV’s retail centres?
The portfolio is operated by the McArthurGlen Group, which manages 21 designer outlet centres across eight European countries.
5 Who advised on the transaction?
ING acted as Global Coordinator, Active Bookrunner, Sole Ratings Adviser and Sole ESG Structuring Adviser while also supporting the financing through a €660 million bridge facility and a €50 million revolving credit facility.
Your financial future isn’t something you wait for—it’s something you build.
The real question is: when do you begin?
Move beyond simply staying informed.
Navigate the markets with clarity—track trends through the Serrari Group Market Index, uncover opportunities in the Serrari Marketplace, and build practical knowledge with our Curated Wealth Builder Platform.
Stay connected to what truly matters.
Get daily insights on macro trends and financial movements across Kenya, Africa, and global markets—delivered through the Serrari Newsletter.
Growth opens doors.
Advance your career through professional programs including ACCA, HESI A2, ATI TEAS 7 , HESI EXIT , NCLEX – RN and NCLEX – PN, Financial Literacy!🌟—designed to move you forward with confidence.
See where money is flowing—clearly and in real time.
Track Money Market Funds, Treasury Bills, Treasury Bonds, Green Bonds, and Fixed Deposits, alongside global and African indexes, key economic indicators, and the evolving Crypto and stablecoin landscape—all within Serrari’s Market Index.
