C.R.E. Introduces Carbon Offset Private Bond
In a move aimed at promoting sustainability, C.R.E. (Creative Real Estate) has launched a carbon offset private bond in partnership with Keiyo Bank. This initiative reflects the company's commitment to contributing to a sustainable society through its core business of real estate development and management focused on logistics facilities.
Background and Purpose of the Bond Issuance
C.R.E. operates under the vision of becoming a leading logistics real estate company across Japan, Asia, and the world. The company specializes in various aspects of real estate pertaining to logistics, including development, management, and operations. Recently, C.R.E. realized the necessity to diversify its funding methods as well as enhance liquidity. To this end, they opted to issue an unsecured private bond through Keiyo Bank. This decision is seen as an endorsement of C.R.E.'s financial soundness and growth potential by the bank.
Structure of the Keiyo Bank Carbon Offset Private Bond
This innovative private bond, initiated by Keiyo Bank in March 2025, allocates 0.2% of its issuance amount toward local environmental conservation and contributions aimed at achieving a carbon-neutral society.
1.
Donation to Regional Forest Preservation: 0.1% of the total issuance will be donated to the Chiba Prefecture Forest Association to support local forest management activities.
2.
Utilization of Carbon Credits: Another 0.1% of the total issuance will be used to purchase J-credits, which will be allocated to offset greenhouse gas emissions from public facilities managed by Chiba Prefecture and other local governments.
Overview of the Private Bond
Details of the Carbon Offset Private Bond:
- - Name: Keiyo Bank Carbon Offset Private Bond
- - Underwriter: Keiyo Bank
- - Issuance Amount: 500 million JPY
- - Duration: 5 years
- - Issue Date: July 23, 2026
About C.R.E.
C.R.E. is committed to creating a connected future with its slogan, "Connecting for a Future." The company offers a comprehensive array of services related to logistics real estate, ranging from development and tenant leasing to post-completion asset and property management.
Currently, C.R.E. boasts an impressive portfolio with the logistics facility brand "LogiSquare," featuring 37 projects totaling approximately 1.38 million square meters (around 420,000 tsubo) already developed and 10 additional projects covering around 400,000 square meters (around 120,000 tsubo) underway. Furthermore, C.R.E. is recognized as one of the largest logistics real estate management firms in Japan, managing approximately 1,500 properties and around 6.67 million square meters (approximately 2.02 million tsubo).
Company Details
- - Name: C.R.E. Co., Ltd.
- - Location: 19th Floor, Toranomon Twin Building, 2-10-1 Toranomon, Minato-ku, Tokyo
- - Executives: Shuuhei Yamashita (Chairman & CEO), Tadahide Kameyama (President & COO)
- - Established: December 22, 2009
- - Business: Rental, management, development, brokerage, and investment advisory for logistics facilities
- - Capital: 5,391 million JPY (as of January 31, 2026)
- - Corporate Website: C.R.E. Official Site