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Bloomberg
A Canadian commercial real estate landlord whose largest tenant is Amazon.com Inc is marketing its inaugural bond sale.
RBC Canadian Core Real Estate Fund plans to issue green bonds in the near future, subject to market conditions, according to people familiar with the matter.
Proceeds will finance the acquisition of two eligible projects in Vancouver and Calgary, said the people.
Prospects for commercial real estate are in flux as the pandemic drags on, irrevocably altering in-office work patterns and occupancy.