Euro Real Estate / Construction Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-real-estate-construction
Euro Real Estate / Construction Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.85%, fitted curve 1M–25Y (3.31%–5.38%), 256 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.31% | — |
| 3M | 3.35% | 3.37% |
| 6M | 3.42% | 3.54% |
| 9M | 3.50% | 3.83% |
| 12M | 3.61% | 3.83% |
| 18M | 3.79% | 4.20% |
| 2Y | 3.90% | 4.31% |
| 3Y | 4.09% | 4.54% |
| 4Y | 4.26% | 4.86% |
| 5Y | 4.40% | 5.12% |
| 6Y | 4.52% | 5.30% |
| 7Y | 4.63% | 5.42% |
| 8Y | 4.71% | 5.50% |
| 9Y | 4.78% | 5.60% |
| 10Y | 4.85% | 5.78% |
| 15Y | 5.21% | 6.43% |
| 25Y | 5.38% | 5.97% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.90% and the 10-year 4.85%, a 10Y−2Y spread of +95 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.90% | 3.43% | 3.32% | 3.35% | 3.42% | 3.46% | 3.03% |
| 10Y | 4.85% | 4.55% | 4.32% | 4.28% | 4.40% | 4.40% | 4.18% |
| 10Y − 2Y | +95 bp | +112 bp | +100 bp | +93 bp | +98 bp | +93 bp | +116 bp |
Yields by rating group
The same curve split by credit quality: 231 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 4.29%, Speculative 5.19%.
Bonds in this curve
A selection of 30 of the 263 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| NE Property BV | 5.58% | 2026-10-09 | 1.88% | XS2063535970 |
| Merlin Properties Socimi S.A | 4.38% | 2026-11-02 | 1.88% | XS1512827095 |
| Argan | 3.13% | 2026-11-17 | 1.01% | FR0014006FB8 |
| Holcim LTD | 3.24% | 2026-11-29 | 0.50% | XS2081615473 |
| Webuild S.P.A. | 3.61% | 2027-01-28 | 3.62% | XS2102392276 |
| Klepierre SA | 3.15% | 2027-02-16 | 1.38% | FR0013238045 |
| Unibail-Rodamco-Westfield SE | 3.30% | 2027-04-28 | 1.12% | XS1401196958 |
| Unibail-Rodamco-Westfield SE | 3.20% | 2027-05-04 | 0.62% | FR0014000UC8 |
| Hochtief AG | 3.34% | 2027-09-03 | 0.50% | DE000A2YN2U2 |
| Icade | 3.64% | 2027-09-13 | 1.50% | FR0013281755 |
| Grand City Properties S.A. | 3.90% | 2028-01-11 | 0.12% | XS2282101539 |
| Vonovia SE | 3.59% | 2028-01-14 | 1.50% | DE000A19UR79 |
| Vonovia SE | 3.96% | 2028-06-28 | 1.88% | DE000A3MQS64 |
| Aroundtown SA | 3.81% | 2028-07-09 | 1.45% | XS2023873149 |
| NEW Immo Holding SA | 5.38% | 2029-03-22 | 6.00% | FR001400KWR6 |
| VGP NV | 4.20% | 2029-04-08 | 1.50% | BE6327721237 |
| Gecina | 4.09% | 2030-03-14 | 1.62% | FR0013322989 |
| Vonovia SE | 4.05% | 2030-03-22 | 2.12% | DE000A19X8B2 |
| Compagnie de Saint-Gobain SA | 3.99% | 2031-03-15 | 1.88% | XS1962571011 |
| Vonovia SE | 4.28% | 2031-03-24 | 0.62% | DE000A3E5FR9 |
| Kojamo OYJ | 4.76% | 2032-03-12 | 3.88% | XS3022388980 |
| Vonovia SE | 4.21% | 2032-03-25 | 2.38% | DE000A3MQS72 |
| Compagnie de Saint-Gobain SA | 4.79% | 2033-03-28 | 3.88% | XS0906397491 |
| LEG Immobilien SE | 4.66% | 2033-03-30 | 0.88% | DE000A3H3JU7 |
| Vonovia SE | 4.63% | 2034-04-10 | 4.25% | DE000A3829J7 |
| Hochtief AG | 4.46% | 2034-04-15 | 4.00% | DE000A46ZW17 |
| Icade | 5.38% | 2035-05-22 | 4.38% | FR001400ZRC6 |
| Unibail-Rodamco-Westfield SE | 4.62% | 2036-04-28 | 2.00% | XS1401197253 |
| Vonovia SE | 5.14% | 2039-10-07 | 1.62% | DE000A2R8NE1 |
| Unibail-Rodamco-Westfield SE | 5.25% | 2049-07-01 | 1.75% | FR0013431715 |