IG property deals still finding large demand

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By Nigel Owen
23 Nov 2017

Property has been one of the most favoured sectors in the corporate bond market in 2017 and this week saw three more deals. Germany’s TLG Immobilien and Spain’s Inmobiliaria Colonial added €1.2bn to the year’s supply in euros, while UK student accommodation provider Liberty Living sold a £500m ($665.3m) deal.

TLG Immobilien roadshowed its debut bond issue the previous week. The Baa2 rated German property company, which owns office, retail and hotel properties throughout Germany, told investors the deal would be sub-benchmark. On Monday morning it was confirmed as a €400m

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