Euro Real Estate / Construction Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-real-estate-construction
Euro Real Estate / Construction Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.38%, fitted curve 1M–30Y (2.88%–4.86%), 229 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.88% | — |
| 3M | 2.94% | 2.96% |
| 6M | 3.02% | 3.10% |
| 9M | 3.10% | 3.25% |
| 12M | 3.17% | 3.40% |
| 18M | 3.32% | 3.62% |
| 2Y | 3.46% | 3.88% |
| 3Y | 3.71% | 4.21% |
| 4Y | 3.91% | 4.50% |
| 5Y | 4.06% | 4.66% |
| 6Y | 4.17% | 4.73% |
| 7Y | 4.25% | 4.73% |
| 8Y | 4.31% | 4.71% |
| 9Y | 4.35% | 4.69% |
| 10Y | 4.38% | 4.67% |
| 15Y | 4.49% | 4.71% |
| 25Y | 4.74% | 5.13% |
| 30Y | 4.86% | 5.43% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.46% and the 10-year 4.38%, a 10Y−2Y spread of +92 bp — positively sloped — as of 2026-07-27. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.46% | 3.21% | 3.29% | 3.28% | 3.39% | 2.87% | 2.90% |
| 10Y | 4.38% | 4.15% | 4.27% | 4.28% | 4.40% | 4.05% | 4.11% |
| 10Y − 2Y | +92 bp | +94 bp | +98 bp | +100 bp | +102 bp | +119 bp | +121 bp |
Yields by rating group
The same curve split by credit quality: 218 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 2.97%, A+ to BBB- 3.89%, Speculative 4.52%.
Bonds in this curve
A selection of 30 of the 246 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Hemso Fastighets AB | 2.75% | 2026-09-09 | 1.00% | XS1488494987 |
| CTP N.V. | 3.13% | 2026-09-27 | 0.62% | XS2390530330 |
| NE Property BV | 2.91% | 2026-10-09 | 1.88% | XS2063535970 |
| Argan | 3.01% | 2026-11-17 | 1.01% | FR0014006FB8 |
| Balder Finland OYJ | 3.03% | 2027-01-18 | 1.00% | XS2432565005 |
| D.V.I. Deutsche Vermogens- und Immobilienverwaltungs Gmbh | 3.50% | 2027-01-25 | 2.50% | XS2431964001 |
| Aroundtown SA | 3.19% | 2027-04-15 | 0.38% | XS2421195848 |
| Unibail-Rodamco-Westfield SE | 2.89% | 2027-04-28 | 1.12% | XS1401196958 |
| Vonovia SE | 3.05% | 2027-06-16 | 0.38% | DE000A3E5MG8 |
| Compagnie de Saint-Gobain SA | 2.75% | 2027-06-14 | 1.38% | XS1627193359 |
| LEG Immobilien SE | 3.29% | 2027-11-28 | 0.88% | DE000A254P51 |
| Grand City Properties S.A. | 3.53% | 2028-01-11 | 0.12% | XS2282101539 |
| Immobel SA | 6.42% | 2028-05-12 | 3.00% | BE0002827088 |
| Holcim LTD | 3.12% | 2028-05-26 | 2.25% | XS1420338102 |
| Gecina | 3.01% | 2029-01-30 | 1.00% | FR0013205069 |
| VGP NV | 3.74% | 2029-04-08 | 1.50% | BE6327721237 |
| CTP N.V. | 3.81% | 2030-02-05 | 4.75% | XS2759989234 |
| TAG Immobilien AG | 3.85% | 2030-03-04 | 4.25% | DE000A383QV2 |
| Stoneweg Ereit LUX Finco S.A.R.L. | 4.44% | 2031-01-30 | 4.25% | XS2986319205 |
| Klepierre SA | 3.60% | 2031-02-17 | 0.88% | FR0014000KT3 |
| TAG Immobilien AG | 4.19% | 2032-03-03 | 3.62% | DE000A4DFWM2 |
| Kojamo OYJ | 4.39% | 2032-03-12 | 3.88% | XS3022388980 |
| Compagnie de Saint-Gobain SA | 4.56% | 2033-03-28 | 3.88% | XS0906397491 |
| LEG Immobilien SE | 4.27% | 2033-03-30 | 0.88% | DE000A3H3JU7 |
| Unibail-Rodamco-Westfield SE | 4.06% | 2034-02-27 | 1.75% | FR0013405040 |
| CTP N.V. | 4.54% | 2035-03-10 | 4.25% | XS3017991368 |
| Unibail-Rodamco-Westfield SE | 4.18% | 2036-04-28 | 2.00% | XS1401197253 |
| Vonovia SE | 4.71% | 2039-10-07 | 1.62% | DE000A2R8NE1 |
| Vonovia SE | 5.16% | 2051-09-01 | 1.62% | DE000A3MP4W5 |
| Hemso Fastighets AB | 4.34% | 2058-02-18 | 4.20% | XS3286670537 |