Allied Properties REIT has completed a notable $450 million green bond offering. The move underscores the ongoing surge of sustainable finance initiatives, although distribution of this announcement remains restricted in the United States.

DoubleLine ETF Adviser LP has reduced its stake in Brixmor Property Group Inc. by nearly one-fifth, shedding more than 4,000 shares during the first quarter. The move, disclosed through a recent 13F filing, highlights evolving strategies in the real estate investment sector.

A new Securities and Exchange Commission filing shows PNC Financial Services Group increasing its holdings in Piedmont Realty Trust by 7.4 percent during the first quarter. The bank now controls 25,929 shares of the real-estate investment trust—an investment worth roughly $191,000.