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Commentary & Deal Flow

MANDATE UPDATE: Hines European Core Fund Inv Calls 29-30-Jun; Reg S €500m (WNG) 5yr Green Sr Unsec Offering May Follow

IGC European Market: Deal Flow - General

Hines Real Estate Master FCP– FIS – Hines European Core Fund “HECF”, a diversified open-ended real estate vehicle, (country: LU) rated BBB+ (stable) by Fitch, has mandated BNP Paribas, Crédit Agricole CIB and ING as Global Coordinators and Joint Bookrunners to arrange a series of fixed income investor calls on Monday 29-Jun-26 and Tuesday 30-Jun-26. A NetRoadShow presentation with voiceover, the Preliminary Prospectus, Green Finance Framework and Second Party Opinion have been made available. Crédit Agricole CIB is coordinating logistics.

An inaugural Green, Senior Unsecured, Reg S (Cat2) €500m (WNG) 5-year Notes offering is expected to follow. The Notes are expected to be rated A- by Fitch. Timing for the transaction is expected as early as tomorrow, Wednesday 1-Jul-26, subject to market conditions.

An amount equal to the net proceeds of the issue of the Notes will be used to finance and/or refinance, in whole or in part, new or existing Eligible Green Projects and existing green debt, including repayment in full of the ING/Postbank Facility 3, as further described in the Issuer's green finance framework dated February 2026. ISS-Corporate has provided a Second Party Opinion on the Green Finance Framework.

ING is acting as Sole ESG Structuring Coordinator.

Company Representatives:

  • Simone Pozzato: Fund Manager - Senior Managing Director
  • Jonathan Weaver: Fund Finance - Managing Director
  • Daniel Chang: Asset Management and Sustainability Europe - Managing Director

Virtual Call Schedule | 45 Minute Calls:

  • Monday 29-Jun-26
    • Slot#1: 11:00 UKT / 12:00 CET
    • Slot#2: 13:00 UKT / 14:00 CET
    • Slot#3: 14:00 UKT / 15:00 CET
    • Slot#4: 15:00 UKT / 16:00 CET
    • Slot#5: 16:00 UKT / 17:00 CET
  • Tuesday 30-Jun-26
    • Slot#6: 09:00 UKT / 10:00 CET
    • Slot#7: 10:00 UKT / 11:00 CET
    • Slot#8: 12:00 UKT / 13:00 CET
    • Slot#9: 13:00 UKT / 14:00 CET
    • Slot#10: 14:00 UKT / 15:00 CET

DealRoadshow Information: